I see the problem. You think that, because the government tells a company to pay for something, they will simply ignore the fact that it costs money and do what they are told. If the government told you to jump off the tallest building in New York I bet you would trust them to catch you at the bottom.
This is ridiculous. Insurance companies SELL the coverage, and all government is doing is making sure they provide actual service for the money that is paid to them.
You want to ***** about cost? The pharma companies that are allowed to jack the price of medicines sold in the US to the sky are the same ones that still make obscene profits around the world selling the same meds for a tiny fraction of what they cost the society that provided the infrastructure for them to succeed. ***** about that.
Insurance companies generally run a profit margin of a little over 3%, what makes you think they are not providing the service people are paying for? Besides, what Obama said is he wants insurance companies to provide this service to everyone, even if they do not want, or need, it, and they have to do it for free. That is not a service that is being paid for. Unless, of course, you agree I am right and they will actually jack up the price to cover their expenses, in which case I am not sure why you are arguing with me.
FYI, insurance and pharmaceuticals are tow different industries. Come to think of it, the real beneficiaries of this proposal will be the pharmaceutical companies that make birth control. Unless, of course, I am right again and women in America already have access to birth control, in which case everyone but insurance companies and big pharma get screwed.
Seriously, of you want to hurt the companies like you pretend you do you should join me in getting the government to stop propping these industries up.