After the upheaval on Wall Street last week, concerned Virginians held a conference outside McCain;s campaign headquarters in Arlington. The issue was to challenge a new article by McCain in a magazine. In the article McCain calls for deregulation of health insurance. He equates this deregulation to the way the banking sector was deregulated.
This article was published in the September/ October issue of Contingencies. This is the magazine of the American Academy of Actuaries. McCain is looking to put American health care in grave risk with his approach to the same. According to McCain opening up health insurance to vigorous nationwide competition will benefit the American people.
Judy Feder Dem nominee, says that this kind of deregulation is not required, unnecessary and will not be good for the system. Wall street has gone into the ground and McCain wants to follow the same approach with insurance. With retirement uncertain for many Americans and economic security at risk, now they are looking to put even health care at risk says Judy Feder.
According to the talk, Barack Obama has a package that is good for Americans and provides for the future of children.