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Letter: 2014 will be a good year for insurance companies

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Posted: Tuesday, December 17, 2013 12:00 am

2014 will be a very good year for some but depressing for others. All one need do is see the champagne flowing, expensive parties and exuberance of various CEOs and White House officials that extreme profit brings.

So who is laughing all the way to the bank? Thanks to Obama”not”care, it is insurance companies, President Obama and his cronies since provisions of the law will help them become fat and happy. Oh? What provisions?

Obama”not”care allows insurance companies to financially molest people who just happen to be under 40 years old and/or take care of their health. The law previously encouraged insurance companies to dramatically discount premiums for the healthy. In 2014, people who work hard through exercise and diet to maintain their good health will be forced pay the same premium as a man who eats buttered popcorn each meal, takes illegal drugs, weighs 400 pounds and has heart conditions as a result. The responsible healthy and young must now subsidize the unhealthy and irresponsible.

A healthy family that was paying $350 a month for major medical will be forced to pay over $1,000 in 2014.

Lastly, most claims originate from the poor and elderly. Obama”not”care let the insurance companies exclude them, as government plans such as Medicaid and Medicare will take the responsibility and expense.

One can only imagine the billions Obama and his cronies will personally rake in after 2016 when his very good friends (insurance companies) will invite him as a special keynote speaker at the many lavish events and conventions that will be held. Nothing is more profitable than a payback for special profitable favors. Right, Mr. President?

Meanwhile, the people who will now have to mortgage their homes and lives to pay for Obama”not”care will wonder how they will pay for their next meal while Obama is enjoying his new-found wealth.

Happy new year, Mr. President!

Darrell Baumbach


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