Advocates of socialized medicine, are you aware the US government has been in the insurance business

Tips and Deals Forums Home Insurance Advocates of socialized medicine, are you aware the US government has been in the insurance business

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 8 years, 2 months ago.

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    Anonymous

    the past 40 years and is handling it badly. The National Flood Insurance Program started in 1968. The government ran insurance companies out of the flood insurance business. With no competition, the government can charge whatever it wants. Right now the program is 19 billion dollars in the red. Where do you think the money will come from to pay those losses?

    Medicare loses money every year. Medicaid is a giveaway program. Can’t you see it would be impossible for our government to run health insurance?

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