Tuesday, August 18, 2009

Strange bedfellows? Where are the insurance companies on Obamacare?

Why Are Democrats Pretending They're Fighting Giant Insurance Companies?

According to John Lott, insurance companies and pharmaceutical companies have cut sweetheart deals to ensure that they profit from Obamacare.

Politics do make strange bedfellows.

I can see the pharmaceutical companies horning in on this pretty readily -- more covered people means more drug sales. People who are currently opting out of insurance, if forced into a plan, might well go for a prescription cough syrup or pain reliever when they'd have otherwise gone OTC. And Lott said that the insurance companies get to administer Obamacare.


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