http://knappster.blogspot.com/2009/09/what-insurance-companies-should-do.html
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In my last post on ObamaCare, I put myself in the shoes of the President of the United States. Now I’m going to put myself in the shoes of the president of an insurance company. If I found myself in that position, I’d be getting my ducks in a row right now — calling emergency board meetings, working out details with the company’s officers, etc. I’d be ready to move the instant it became obvious that this bill was going to pass, and this is what my move would look like:
– I’d inform the company’s policyholders that the company is going out of business at the end of the next billing cycle, that their policies will be canceled effective that date, and that they’ll need to find coverage elsewhere;
– I’d inform the company’s workers that their employment is drawing to an end; and
– I’d inform stockholders that the company’s assets are to be liquidated through arranged profitable sale where possible and auction where necessary, and that after the company’s debts are settled and liabilities zeroed out, each stockholder will receive a final dividend per share from any remaining monies.
I might or might not send a note to President Obama, Majority Leader Reid and Speaker Pelosi. If I did, it would be short and to the point:
Find some other business to run, asshole — this one’s no longer available.
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ROFL, but absolutely correct.
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Reinke Faces Life 