Thursday, July 22, 2010

Private Insurance Death Spiral

The private insurance death spiral is accelerating as private carriers and small businesses are being squeezed by government regulations.

The July 17, 2010 New York Times reports "Insurers Push Plans That Limit Choice of Doctor".

The July 18, 2010 Boston Globe reports "Firms cancel health coverage".

If the trend continues, the government option will be the only left -- thus backing Americans into a "single-payer" system against their will.