Fact Sheet: The Truth About the Health Care Bill
Jane Hamsher Founder, FireDogLake.com
Posted: March 19, 2010
Quote:
We've also taken a detailed look at the bill, and have come up with 18 often stated myths about this health care reform bill.
Real health care reform is the thing we've fought for from the start. It is desperately needed. But this bill falls short on many levels, and hurts many people more than it helps them.
While details are limited, there is apparently a "Plan B" alternative that the White House was considering as recently as two weeks ago, which would evidently expand existing programs -- Medicaid and SCHIP. It would cover half the people at a quarter of the price, but it would not force an unbearable financial burden to those who are already struggling to get by.
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One of 18 Myths:
Myth 15: This bill will stop insurance companies from hiking rates 30%-40% per year.
Fact: This bill does not limit insurance company rate hikes. Private insurers continue to be exempt from anti-trust laws, and are free to raise rates without fear of competition in many areas of the country.
Continues: http://www.huffingtonpost.com/jane-h..._b_506026.html
SOURCE: Catherine Austin Fits' blog:
http://solari.com/blog/?p=6614