Saturday, November 27, 2010
Paying for Health insurance
The Obamoids have announced that 85% of health insurance premiums have to be spent on health services. The other 15% can be used to cover those pesky things like Rent, salaries and benefits to employees, electricity, heat, marketing/advertising, general administrative costs, and the twin evils of “executive bonuses” and profits. This comes from a group of people who have no experience running a company, meeting a payroll, or dealing with revenues that are dependent upon market forces. When they run out of money their plan is to print more. The result of this effort will be to put private companies out of business so that the government is the font of all health services. You will be going to the guys who run the Post Office to fund your knee replacement. That will work well.