Dennis Kucinich explains why he voted NO on HR 3962.

“We have been led to believe that we must make our health care choices only within the current structure of a predatory, for-profit insurance system which makes money not providing health care. We cannot fault the insurance companies for being what they are. But we can fault legislation in which the government incentivizes the perpetuation, indeed the strengthening, of the for-profit health insurance industry, the very source of the problem. When health insurance companies deny care or raise premiums, co-pays and deductibles they are simply trying to make a profit. That is our system.

“Clearly, the insurance companies are the problem, not the solution. They are driving up the cost of health care. Because their massive bureaucracy avoids paying bills so effectively, they force hospitals and doctors to hire their own bureaucracy to fight the insurance companies to avoid getting stuck with an unfair share of the bills. The result is that since 1970, the number of physicians has increased by less than 200% while the number of administrators has increased by 3000%. It is no wonder that 31 cents of every health care dollar goes to administrative costs, not toward providing care. Even those with insurance are at risk. The single biggest cause of bankruptcies in the U.S. is health insurance policies that do not cover you when you get sick.

“But instead of working toward the elimination of for-profit insurance, H.R. 3962 would put the government in the role of accelerating the privatization of health care. In H.R. 3962, the government is requiring at least 21 million Americans to buy private health insurance from the very industry that causes costs to be so high, which will result in at least $70 billion in new annual revenue, much of which is coming from taxpayers. This inevitably will lead to even more costs, more subsidies, and higher profits for insurance companies — a bailout under a blue cross.

“By incurring only a new requirement to cover pre-existing conditions, a weakened public option, and a few other important but limited concessions, the health insurance companies are getting quite a deal. The Center for American Progress’ blog, Think Progress, states “since the President signaled that he is backing away from the public option, health insurance stocks have been on the rise.” Similarly, healthcare stocks rallied when Senator Max Baucus introduced a bill without a public option. Bloomberg reports that Curtis Lane, a prominent health industry investor, predicted a few weeks ago that “money will start flowing in again” to health insurance stocks after passage of the legislation. Investors.com last month reported that pharmacy benefit managers share prices are hitting all-time highs, with the only industry worry that the Administration would reverse its decision not to negotiate Medicare Part D drug prices, leaving in place a Bush Administration policy.

“During the debate, when the interests of insurance companies would have been effectively challenged, that challenge was turned back. The “robust public option” which would have offered a modicum of competition to a monopolistic industry was whittled down from an initial potential enrollment of 129 million Americans to 6 million. An amendment which would have protected the rights of states to pursue single-payer health care was stripped from the bill at the request of the Administration. Looking ahead, we cringe at the prospect of even greater favors for insurance companies.

“Recent rises in unemployment indicate a widening separation between the finance economy and the real economy. The finance economy considers the health of Wall Street, rising corporate profits, and banks’ hoarding of cash, much of it from taxpayers, as sign of an economic recovery. However in the real economy -- in which most Americans live -- the recession is not over. Rising unemployment, business failures, bankruptcies and foreclosures are still hammering Main Street.

“This health care bill continues the redistribution of wealth to Wall Street at the expense of America’s manufacturing and service economies which suffer from costs other countries do not have to bear, especially the cost of health care. America continues to stand out among all industrialized nations for its privatized health care system. As a result, we are less competitive in steel, automotive, aerospace and shipping while other countries subsidize their exports in these areas through socializing the cost of health care.

“Notwithstanding the fate of H.R. 3962, America will someday come to recognize the broad social and economic benefits of a not-for-profit, single-payer health care system, which is good for the American people and good for America’s businesses, with of course the notable exceptions being insurance and pharmaceuticals.”

Look I have the deepest of respect fro Congressman Kucinich. He is a man of deep principle and unequalled courage. Many times he was the lone voice voice heard in the House calling George Bush, and his crooked administration, out on their lies.

He campaigned for President when he full well that he had no real chance, in order to educate the people of this country and call out the other candidates on their bullshit.

However as bad as this bill is, and holy crap it is pretty bad, it is the first step in a process that would not even begin without first getting SOMETHING through the House. Is this bill the best we can do? God I hope not, but it may be the best we can do right now.

I think that it is sometimes important to see past your principles in order to see the big picture. Obama got a health care reform bill through Congress! Dammit that is HUGE! Kucinich should have been part of that victory. He can bitch about the details later, but at least his vote would be on the side of PROGESS.

Look at what this bill does.

The Numbers: H.R. 3962 will cover 96% of Americans, at a 10-year cost of “under $900 billion.” It will reduce the deficit by $104 billion over the same time period, and reduce Medicare spending growth 1.3% annually by cutting $400 billion primarily from private Medicare Advantage plans. Don’t feel sorry for them, see #2.

Consumer Protections: Guaranteed coverage, limited premium variations, standard minimum benefits packages and employer/individual mandates are all still included. That last one protects people from medical bankruptcy. But best of all, insurers are now required to spend 85% of premium revenue on members’ care. Currently in private Medicare Advantage plans, it’s almost the inverse; only $0.14 of every $1.00 in premiums is spent on members’ care. The bill also closes the “donut hole” in Medicare Part D, reducing senior’s out-of-pocket prescription expenses. Prevention and wellness services will be provided in all plans at no cost.

Selective Taxation: The bill derives revenue from a 5.4% “millionaire’s tax” on individuals making over $500,000 and couples making over $1 million (0.3% of households in the US, to be exact.) It also taxes medical device makers to the tune of $20 billion.

Choice and Potential Competition: A public option will finally give consumers another choice besides private insurance or nothing. The Insurance Exchange where we can compare plans remains intact.

Insurance Anti-trust Exemption: This feature, unique to health insurance and baseball, is now history. Meaning private insurers are no longer immune to regulations concerning price-fixing, big rigging, and market allocation. The Federal Trade Commission also now has full rights to investigate the industry.

This is nothing to sneeze at. Perfect? Not even close. A victory? Yes, it is.

You know there have been numerous times when I have been very disappointed in President Obama. But recently I heard Obama's campaign manager David Plouffe say something. Something that my friend Shannyn Moore had also said a few months back to me. And here I am paraphrasing:

"Barack Obama is a chess player, in a world of checker players. Opponents see his move and think that he has lost the match. But while you are focused on that ONE move he is thinking three or four moves ahead, and ultimately the match will be his."

Kucinich is a smart man, perhaps he needs to take up chess.

Update: As for the other NO votes on this bill, I think this Washington Post comparison chart will be instructive.