It seems some Senators have been meeting in secret to come up with a plan to destroy the insurance companies. Or raise the cost of insurance. Or both.
the proposal under discussion by six members on the Senate Finance Committee would bar insurance companies from denying coverage to any applicant. Nor could insurers charge higher premiums on the basis of pre-existing medical conditions.Now exactly how are the insurance companies going to pay for the privilege of taking on a bunch of people who are already sick? It throws all their actuarial calculations out the window.
Coming next - a bail out of favored insurance companies.
OTOH this could be a ploy to raise campaign "donations" from insurance companies. They will have to "donate" in self defense.
The other possibility is that the senators are insane.
Which brings up Simon's Law:
It is unwise to attribute to malice alone that which can be attributed to malice and stupidity.