Why insurers are supporting the Democrats

It’s going to be one lucrative exit strategy hypothesizes DrRich:

But before they drive them into oblivion, the Democrats promise to create for them one last, massive windfall – namely, the government-paid insurance premiums for many of the 47 million uninsured Americans. (Joseph Paduda at Managed Care Matters thoughtfully estimates for us that windfall as $150 billion per annum – not exactly chicken feed.)

So, for at least a while, under Hillary’s plan the insurance industry profits will rise, stock prices will rise, and executive bonuses will rise. This is as good as it’s going to get.

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