Listen up Mr. President:
I don’t have health insurance for almost a year now, and nor do I have stocks or other investments in health insurance firms. I can therefore tell you objectively that your recent moves to consider empowering the federal government to limit the rate hikes of Health Insurance companies will not help me with a dime, and will likely hurt me in the future.
Here is why:
A) The profit margin of health insurers is like… Em, 7-8 percent of their total investment. Which means, if their expenses keep rising yet they can’t cover it, they will… O yeah: go out of business. I don’t see how that helps uninsured or insured Americans.
B) Rather than focusing on revamping the Health system, and taxing this plan or that plan, why don’t you do things that will cut health costs? Don’t give me this load of junk that your Health plan will save money for the government, because the savings are a result of cutting Medicare by aproxx $50 billion annually, and raising tax by $50 billion annually. It has nothing with tackling the problems that cuses health costs to rise.
C) As of now, I am just a little-a.. guy. However, if I succeed in business, I do NOT want the federal government to dictate my business or investment. It is outrages, and probably beyond your authority, to control business the way you did in the Auto industry and other businesses. The last thing we need as a nation, is for the federal government to move-in like the old Communists and control/dictate private business institutions.
Mr. Obama: please mind your own business, and let Americans take care of their business. Thanks sir.
