J. Darren Rogers, President - Blue Cross Blue Shield of Texas
with the large number of uninsured, we need to determine policies that help get more into the market, particularly the young and healther.
When asked if insurance companies are gounging the consumer, he said: insurance is expensive because health care is insurance - hospitals and doctor costs have gone up. It is a problem with health care cost containments. Health care costs increase in a recession. Physician utilization is higher.
When asked how many jobs will be lost under Obamacare (question):
Ray Perryman, economist - The Perryman Group, there are things in this bill whcih will make insurance more expensive. But insurance companies have small profit margins. This bill reduces productivity in the economy and will have adverse effects in the economy (ObamaCare). The concept of this bill got highjacked - it does not address the real issues in health care.
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