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Article #372

Re: Health Care Initiative

#372
From: Ralph Finch
Date: Fri, 28 Oct 1994 03:23
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  > Let's say that ordinary people means the average or most of the
  > people.  Most of the people do not own stock and of those who do
  > own stock, most

My guess is that quite a lot of people actually do own stock, through
their pension funds.

  > of them don't own enough to make a smidgen of an impact on the
  > policies of insurance company executives.

Dilution of power is very desirable.  Collectively, stock holders can
have power, especially if they are informed.  Even better, *customers*
of companies have lots of power (again, collectively).  Ultimately if
customers don't like a company they can walk away from it.  How does
one walk away from govt; especially in-your-face socialist govt?

  > On the other hand, an elected person, in this case the health
  > insurance commissioner,

Very bad.  No one person should have that much power.
--
Ralph Finch 916-653-8268/voice 916-653-6077/fax
rfinch@dop.water.ca.gov	<- finger for PGP public key
Any opinions expressed are my own; they do not represent my employer
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From: rfinch@water.ca.gov (Ralph Finch)
Subject: Re: Health Care Initiative
In-Reply-To: miballar@leland.Stanford.EDU's message of 27 Oct 1994 00:52:21 GMT
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Date: Fri, 28 Oct 1994 03:23:16 GMT
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