Dr. Marcia Angell on the laughable Baucus bill, writing in the HuffPost:
“Look at the bare bones of the plan. Americans will be required to buy health insurance at whatever price the companies choose to charge, many using government subsidies. Businesses will have to contribute or be fined. Drug companies will still be able to charge whatever they like for drugs, and continue to jack up prices at several times the inflation rate. In short, the government will deliver to the insurance and pharmaceutical industries millions more paying customers, with virtually no curbs on their profiteering. The “public option” was first gutted, then all but dropped. “
Rolling Stone’s Matt Taibbi added this on “ABC’s This Week”:
“This bill just shovels more money to the insurance companies.”
We need this like we need a Dubya lending library.
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