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Tuesday, March 9th, 2010 -- 9:43 am
Labels it a 'bailout' for the insurance industry
Facing razor-thin margins in the House, Democratic leaders are hoping to convert the sole liberal who opposes their health care bill, but it seems they have their work cut out because he isn't budging.
Rep. Dennis Kucinich (D-OH) on Monday defended his opposition to the proposal in an appearance on MSNBC's Countdown With Keith Olbermann, citing as his central concern its lack of a robust public option to provide competition for insurance companies.
"This bill represents a giveaway to the insurance industry," Kucinich said. "$70 billion dollars a year, and no guarantees of any control over premiums, forcing people to buy private insurance, five consecutive years of double-digit premium increases."
The proposal the White House and Democrats are coalescing around comprises subsidies for lower-income individuals and a mandate that they purchase insurance. It also bans insurers from dropping sick people from their plans or denying coverage on the basis of pre-existing conditions.
The remainder of the story (plus video) can be found at:
http://rawstory.com/2010/03/defiant-kucinich-rips-health-bill-insurance-industry-bailout/
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