Wednesday, December 16, 2009

From the "Me too" file.

Ezra Klein...
...if I could construct a system in which insurers spent 90 percent of every premium dollar on medical care, never discriminated against another sick applicant, began exerting real pressure for providers to bring down costs, vastly simplified their billing systems, made it easier to compare plans and access consumer ratings, and generally worked more like companies in a competitive market rather than companies in a non-functional market, I would take that deal. And if you told me that the price of that deal was that insurers would move from being the 86th most profitable industry to being the 53rd most profitable industry, I would still take that deal.
Me too.

I'm a little astonished at the number of people who seem to have grown faint upon learning that the insurance industry will be making a lot of money in the future. They're making a lot of money now, folks, which is a principle reason why, from the very beginning of this debate, there's been no virtually no discussion of alternatives that would replace, or even significantly displace, the insurance industry.

We'll get real health care reform someday, if we keep up the fight. Meanwhile, even the inadequate health insurance regulation in the Senate bill, which can still be strengthened in conference, is a meaningful step forward for millions of Americans.

A step forward. As in progress.

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