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There should be no private health insurance companies operating for profit.
-Michael Moore
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There Should Be No Private Health Insurance

Michael Moore
There should be no private health insurance companies operating for profit.
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Should Profit Private Health Insurance

More From Michael Moore

The insurance companies make about $15 billion a year. they have doubled their profit margin under obamacare. and so now we're going to take a lot of this and call it a stabilization fund, but really it's a bailout of insurance companies. and i just think that's wrong. i just can't see why ordinary, average taxpayers would be giving money to very, very wealthy corporations. an analogous situation would be this: we all complain that new cars cost too much. why don't we have a new car stabilization fund and give $130 billion to car companies?
Thinking Car Giving
Right now in the insurance markets, we have sort of a disaster unfolding, a downward spiral, adverse selection, premiums in the individual market going through the roof. people can't afford insurance and insurance companies are losing hundreds of millions of dollars. if you repeal part of obamacare to get rid of the individual mandate but keep some of the ideas, that people can still buy insurance after they're sick, the situation gets extraordinarily worse. and so what we're seeing now could be tenfold greater if you only repeal part of obamacare.
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In those countries where income taxes are lower than in the united states, the ability to defer the payment of u.s. tax by retaining income in the subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the united states. many american investors properly made use of this deferral in the conduct of their foreign investment.
Country United States Income
If you have health insurance, then you don't have to do anything. if you've got health insurance through your employer, you can keep your health insurance, keep your choice of doctor, keep your plan.
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For people who have health insurance, we can provide health insurance reforms that make the insurance they have more secure. and we can do that mostly by using money that every expert agrees is being wasted and is currently in the existing health care system.
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I am here for my mother and all the americans who are forced to spend time arguing with health insurance companies instead of focusing on getting well. i am here for the millions of lives that will be touched and in some cases, saved, by health insurance reform. i am here for the small businesses who are forced to choose between health care and hiring. i am here for the seniors who are unable to afford the prescriptions they need.
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