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What would happen to health insurance companies if government take over the health insurance system?

Asked by carla123 (4points) June 29th, 2012

Correct me if I’m wrong, but I heard that Obama is trying to push a public health system that will allow everybody to have health insurance no matter what pre existing conditions he or she may have. If this is reached, what would happen to insurance carriers like Blue Cross, Blue Shield? Will we need these companies and health insurance agents?

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