It appears that the pendulum can only swing so far one way before everyone realizes that it has gone WAY TOO FAR.
The health insurance industry has made a major miscalculation in how the nation (and Congress) would react to their ill-advised and untrue "pushback" report of a week or so ago, indicating (erroneously) how premiums would rise if a robust public option were enacted into law. It was a blatant shot across the bow of Congress, and Congress was NOT intimidated.
It seems the health insurance chickens have come home to roost. The House today reported that it will pass out a measure to strip the anti-trust exemption, and it's about damn time. The Senate has also indicated it will pass a similar measure, effectively putting the health insurance industry BACK into the sphere of regulated industries, and DRAMATICALLY changing the way in which they will be able to do business going forward.
All I can say is - IT'S ABOUT TIME, and a STEP IN THE RIGHT DIRECTION.
The next step is to pass a robust public option, "Medicare Part E (for everyone)" and restore competition into the monopolistic fiasco that is called "health insurance" in this nation. Also - policy recission must end, as must redlining for pre-existing conditions.
The Health Insurance industry has been lunching at the public trough to the tune of BILLIONS OF DOLLARS, and it's about time that this stops.
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