Thursday, August 13, 2009

Whose side are the demons on?

The big pharmaceutical companies are being demonized in the current debates on health care.  But interestingly enough, in this case, the demons are in favor of the plan.

Big Pharma and Big Insurance want Obama-style health-care reform?

<>It's not so hard to understand. "The drug makers stand to gain millions of new customers," the Times said.

And from the Journal: "If health legislation succeeds, the [insurance] industry would likely get a fresh batch of new customers. In particular, many young and healthy people who currently forgo coverage would be forced to sign up." No wonder insurers are willing to stop "discriminating" against sick people. (Forget that the essence of insurance is discrimination according to risk.)

It's called a captive audience.

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