John gives an example of why Giuliani's idea of consumers waving their dollars for healthcare might not work out to "freedom":So I got a letter from Blue Cross yesterday. My health insurance premium just went up from $277/month to $340/month - that's a 23% increase. Why? I have no idea.
Under the Giuliani approach, insurance companies could raise individual rates, just as you got ill or for any reason at all.
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Separately, a note on why you cannot outwit insurance companies, who live in court maybe more than real-estate types:
Lawyer insures cigars against fire, smokes them, and *wins* insurance claim in court, but ...
Sunday, December 16, 2007
Giuliani on Healthcare - "I'm from the Insurance Company and I'm here to help you"
