Pity poor Karen Ignani, chief health insurance lobbyist, who must have her fingernails chewed down to the quick worrying about her big bonus.
It's always called "healthcare reform", but it would be more accurate to call it "profit protection for health insurance companies."
It allows the insurers to continue marking up the cost of healthcare by 45%. For each $100 of actual healthcare they receive, policy holders pay $145. That markup costs them, in total, $1 billion per day, over $3 trillion per decade. Except for risk pooling, worth maybe 3%, the 45% markup delivers no added value to policy holders, only the hassle and heartache of treatment denials.
Getting passage of something so blatantly contrary to the interests of the electorate is obviously a major accomplishment, even with the six lobbyists per Congressperson Karen was given the wherewithal to send scurrying around Washington with satchels full of cash. Up from the usual four.