Quote Originally Posted by DuncanONeil View Post
The legislation is engineered in such a fashion as to increase the cost of insurance to a point that business can not afford to carry the burden. As has been demonstrated by the massive increases to business already reported.
Then there is the fact that the Government is to decide what MUST be covered and what the CHARGE for that coverage will be. As is the case with Medicare the Government decides what it will pay irrespective of the charges on the bill. When they have all private providers out of business that will extend to all. As Medicare has shown in spite of total control of the money paid in claims the costs of the program have done nothing but increase.
Medicare is actually doing a great job of controlling costs, the primary reason for the increase in costs is demographics, as the population ages the costs go up. There is a boom of elderly occurring. The costs in the private insurance industry are rising far faster (and largely for increased shareholder gains).