More proof that the Obamacare approach to health care is the wrong way to go: According to an Associated Press expose it is not the profit margins of the insurance companies that are driving health care costs to unsustainable levels. According to the AP, "health insurance profit margins typically run about 6 percent, give or take a point or two. That's anemic compared with other forms of insurance and a broad array of industries, even some beleaguered ones." (source)

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Also included in the article, "Health insurers posted a 2.2 percent profit margin last year, placing them 35th on the Fortune 500 list of top industries. As is typical, other health sectors did much better - drugs and medical products and services were both in the top 10." So it's not the companies Speaker of the House Nancy Pelosi (D-California) called "immoral" and "villains" (source) that are responsible for the problem.

Could it be that those "drugs and medical products and services" are part of the defensive medicine doctors must practice due to a lack of tort reform in this country? Another contributing factor could be the ridiculous regulations and huge amount of fraud those regulations do not succeed in preventing.

It's becoming more obvious every day that the Obamacare plan is nothing but a con game that would do nothing to lower the actual costs of health care or provide better care to any Americans. The president and his cronies are simply creating a non-existent crisis and demonizing law abiding businesses in an attempt to increase their own power.