Sunday, May 16, 2010
Fannie Mae Health Insurance
Sorry that I have been away. We are getting creamed at work. The effects of "Obama Care" is beginning to hit. The new quotes for health insurance that is hitting small businesses in our area and the surrounding states is scary. Because of the increased demands on the private insurance companies as well as the costs imposed on business, rates for health insurnce are going up between 27 and 37%. As a result, companies are dropping healthcare. Patients cant get Medcaid because it is out of money. So, there are now more people without insurance and those who have it have giant deductables and are waiting until it is very late to get care. Medical centers like our that have an open door to the indigent are getting creamed. The indigent is now increasing, the underinsured is skyrocketing. The cost of practicing medicine are increasing exponentially with the new bill. It is like medicine is being done by Fannie Mae. Give everyone "healthcare" that they cant afford, hide the cost and stick it to future generations. Then let it forclose and destroy the whole thing.