Word: getful
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...have heard all season that people are only buying items that are on sale and we think people are still holding out to get the best deal possible," says Grannis. "There could be great deals, but they're not going to be the 70% [across the board sales] that they saw at this time last year...
Until Senate Majority Harry Reid decided to scrap a government-run insurance plan in order to get the 60 votes needed to pass health care reform legislation, Sen. Jay Rockefeller was one of the chamber's most ardent public option supporters. Without a public option, the West Virginia Democrat feared, insurers - fattened by billions of dollars in new government subsidies and a new requirement that most Americans purchase insurance - would run rampant, jacking up prices and padding profits and executive salaries. But Rockefeller and several other Democratic senators also had their eye on a different way to keep insurer profit...
...much of their premiums are spent on administrative costs like marketing, salaries and profit. "If you buy a gallon of milk and you end up with half a gallon, you're not really happy about that. But in that case, you can take it back to the store and get mad." (See the top 10 health care reform players...
...overstated. "They don't always do it accurately," says Rockefeller, calling the insurance industry "the major evil player in the whole health care system." Whatever the actual MLR figures are, the House and Senate bill would represent the first federal regulations of this kind. "The point is to get rid of the high 60s and the low 70s and get it all up into the 80s," says Rockefeller...
Read "Can Obama Get Dems to Agree on Health Reform...