Quote:
Originally Posted by Raven
Insurance Companies need plenty of Bashing
they are Lying- back stabbing -thieves 
(most of the time...but not always)
and are never or rarely held accountable
they are ABOVE the law
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so, then there must be a huge opportunity for competition, no? Obama is saying they all are raising rates, you're disatisfied with their service, sounds like a great market to enter! Look at the BIZZILIONS pumped into dot.coms by venture capital in the 90s. There was a compelling business justification. Why not health insurance? Surely some of the brilliant investors in the US can pull together loads of cash and offer low cost insurance? Great customer service? Right?
Wrong!! its a pyramid scheme that barely squeaks by! Only the government would make such a dumb investment and it looks like they will!