Don't cry for the 47 million in America who are uninsured. They are not all lying on the ground, balled up and ready to die at any moment, although this is the picture the Democrats try to paint.
First eliminate the illegal immigrants, if you actually have a way to count them all. Now eliminate the young people, who are strong, healthy, and consider themselves bulletproof, and have no insurance by choice. Next, eliminate the chronically ill, who cannot obtain insurance of any type, without paying through the nose for high-risk policies. You are left with about 10 million people. For an estimated $2 trillion cost, we can add these to the ranks of the insured for a mere $200,000 each.
Private insurance is a business and, as all private business, has one purpose: to make a profit. As of 2007, some 2.5 million people are employed in the insurance industry. Most of the people who work for these companies demonstrate human compassion. They are not all the cold-hearted, miserly curmudgeons they are portrayed to be, but the bottom line here is still money. Last I checked, this is what makes the world go around, people. A company that loses money doesn't stay in business very long.
Seems to me there are zero competitors to private insurance, unless you count a secondary policy to Medicare. You either have insurance or you don't.
Private insurance companies compete with each other. The one's that can offer the best plans at the best prices are the one's which succeed. The rates you pay are calculated upon how many people pay into the pool versus how much money is spent for services rendered.
Let's assume for a moment that I run an insurance company. I charge one rate for healthy people, and another rate for sick people. This is a benefit to the healthy people, for the amount paid out in services will be much less, and their policies will be less expensive.
Now, since I know that the money I must pay for services to care for people who are sick will be much greater, I have two choices. I can charge them more for their policy, or I can charge both pools, healthy and sick, more. This is the way Obamacare will work. By forcing everyone to have coverage, and by ensuring that sick people can sign up, we will all have to pay more. Sorry you took good care of yourself, ate health foods, exercised regularly, because you still have to cover the cost of the fast-food, chain-smoking pool.
I certainly enjoy comments from people who believe the government wants to help you, that the government is going to provide your new kidney for free, or remove your gall bladder for nothing. These poor, ignorant fools believe that "rich people" should pay for your poor health. All they understand is that somebody else needs pay for their $500,000 procedure so they can buy insurance at $100 a month.
Candidate Obama was in favor of a single payer system. There is no doubt of this fact. Yet President Obama denies this, and only wishes to establish a "public option", just to keep the private insurance companies honest. Another term for "public option" could be "government subsidized". How on earth can any private company compete with this? The creation of a public option will mean the loss of private insurance as they go out of business one by one. Suddenly, the government option is the only option, which creates the single-payer system that Obama wanted all along.