What health insurance parasites say about mandates
If America shifts to a mandate-driven universal healthcare system, debt collectors that currently specialize in medical receivables shouldn't expect fewer accounts. But the balances forwarded by clients may be smaller.
OKLAHOMA CITY -- Health insurance companies such as Humana and UnitedHealth always seem to pay a price for "gifts" from the federal government.
Over the past several years, they have pocketed billions of dollars in government subsidies selling private Medicare plans. They know that Democrats aim to cut those bonus payments, however, so they're searching for new ways to grow. They see universal health care, which could turn 46 million uninsured Americans into potential customers, as their next big opportunity.