A reason to be sick with fear

by Rupert W Bradson » Mon May 18, 2009 12:11 pm

Here’s the tough news health insurance executives don’t want to hear: Any genuine health care reform will have to eventually eliminate the profit-making health insurance industry.

There are some goods and services that should be universally accessible because they promote the common good. Take electricity, for example. In the early 1930s, there was little profit to be made from stringing electrical lines across long, isolated stretches of rural America, and for-profit utility companies didn’t want to do it at an affordable rate.

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