Friday, August 14, 2009

HEADLINE: Obama assails health insurance companies

"Americans are being held hostage..."

Railing against health insurers is not going to get us anywhere. You can villanize them all you want, Mr. President, but they're not that big of a problem!

Health insurers had profit margins in the 5-6% range last year. So if we eliminate them, what's that going to do? I paid around $1,500 towards health care last year, so elminating this profit will save me what, $75?

Get a grip! Demonizing others is not a solution.

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