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30th September
2009
written by Sean Noble

This was an email from a Senate staffer following a debate in the Senate Finance Committee mark-up of the health care bill.  Classic.

Senator Kerry just went on about the outrageous profits of health insurers who dominate the market and offer little choice to consumers.  That’s an interesting point considering that according to the website of Heinz ketchup, the company holds a 60 percent retail market share.  Heinz products enjoy #1 or #2 market share in more than 50 countries.  And according to Yahoo Finance, Heinz profits (8.6 percent) are more than double the health insurance industry (3.3 percent).   Government run Ketchup, anyone?

 

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4 Comments

  1. Woody
    01/10/2009

    Explains why the Dems want to turn our health care system upside down and whack it on the bottom…

  2. 04/10/2009

    Ummm, yeah.

    Ketchup is a condiment. Of little nutritive value, but optional. One’s quality of life isn’t seriously affected by the choice to use/not use ketchup. (Apologies to ketchup afficiondos, but I usually choose either mustard or medium salsa anyway. )

    Health care is a necessity. It’s only “optional” if you’ve already chosen to die.

    The Senate staffer needs to step away from the industry-sponsored Kool-Aid table.

  3. RonB
    05/10/2009

    Craig,

    The issue is capitalism and free markets vs. facism. Why is it okay for Heinz-Kerry to make an 8.6% profit (or any profit) on a product/service of their choosing, and not for those involved in the health industry (insurance companies, pharmaceutical companies, doctors, etc.) to do the same? The United States is the greatest nation in the history of the world because we have the freedom to choose to engage in activities for “the pursuit of Happiness.” I have no more right to walk into your house and steal your television than you do to walk into a doctor’s office and steal his practice. If the government would do just one thing: lessen the control and restrictions on insurance companies so they can compete across state lines. That alone would go a long way in reducing the cost of health care.

  4. I pray that the health care plan backed by President Obama does not become law unless some revisions are made. A decision as huge as this one deserves as much attention as we can give it.

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