“The other day, on a conference call organized by Goldman Sachs, an insurance broker told Wall Street investors that insurance companies know they will lose customers if they keep raising premiums, but since there’s so little competition in the insurance industry, they’re OK with people being priced out of health insurance because they’ll still make more by raising premiums on the customers they have. They will keep doing this for as long as they can get away with it.”

Barack Obama (via soupsoup)

This is fucked.

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