Sen. Harry Reid (D-NV) during his announcement of the Senate healthcare reform bill.
This past year, 750,000 Americans filed bankruptcy. Over half of these bankruptcies dealt with healthcare costs. More than half of the people who filed bankruptcy because of healthcare costs had insurance.
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And the only difference between those people filing bankruptcy now and those after the bill has passed will be reform has taken place.
I still don’t understand how health care reform turned into health insurance reform. If the only problem with the system is Insurance company profits, shouldn’t the non-profit companies already run the for profits out of town?
I can’t name a medical center in my area that hasn’t built a new wing and/or greatly expanded recently. But I can name a handful of insurance companies that couldn’t raise their rates enough to keep up with medical costs and stay in business.