Thursday, December 24, 2009

Peter Schiff: Dropping the Bomb on Health Care

"However, the health care bill removes the need for healthy individuals to carry insurance. Knowing that they could always find coverage if it were eventually needed, people would simply forgo paying expensive premiums while they are healthy, and then sign on when they need it. But insurance companies cannot survive if all of their policyholders are filing claims!"

What part of "we cannot pay claims anymore" don't you understand?

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