Q&A: Why Have Democrats in Congress Tried to Pin the Blame of Rising Health Care Costs on Insurance Company Profits?

Question by Time to Shrug, Atlas: Why have Democrats in Congress tried to pin the blame of rising health care costs on insurance company profits?
Is because like most of their political stances, they are simply pandering to the ignorant?

http://news.yahoo.com/s/hsn/20100324/hl_hsn/pollfindsamericansblameinsurersdrugcompaniesforrisinghealthcosts

“These findings show how little most people understand the economics of health care. Increased profits of insurers and drug companies (if they have increased at all) cannot possibly account for the increases in premiums. Many health-care economists attribute the increased cost of care to increased demand and utilization, increased prices and the increased use of expensive tests and treatments.”
ranger c: Multimillion dollar bonuses are part of the cause now too?

So assume you have eliminated the big bad CEO’s making $ 100 million. Congratulations on saving another .3% on health care costs.

Now if only you can figure out a way to spend about $ 1 trillion to “save” this money, you could find a place in Obama’s cabinet.

Best answer:

Answer by Kintama2
So let them off the hook then. lol funny

What do you think? Answer below!