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The NOW! Blog

Our Health Insurance System: Privatizing Profits & Socializing Risk

Posted on February 18th, 2009 by ICR Bloggers in From Insurance Company Rules

The government bailout of the financial markets is one of the most prominent examples of a practice that has long been common in the United States: leaving profits in private hands, while charging the costs of risky, profit-seeking practices to the taxpayer. It has certainly long been the case in our privatized health insurance system.

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