If you look at the actual profit margins for insurance companies you'll find it's not really that much. One of many examples would be pre-existing conditions.

You have no insurance. You get cancer. The insurance company has to insure you and cover all or most of the cost. That's not how insurance works.

How long would car insurance last if you could buy it after the crash and make them foot the bill for the repair?

Add that fact that many large employers will drop coverage and force people onto the government plans. It's cheaper for them in the long haul. Hell, they've already been handing out wavers to large corporations to keep them from doing that very thing... until after the 2012 elections of course.

If you go back and listen to everything Obama said you'll know that this is only the first step to a single payer system. He said back then the American people would never go for it out of the gate. It's called incrementalism. That's how liberals implement their left agenda.

The folks never go for their policies as stated so they slip them in a little at a time over the years.

The concept is simple. The government NEVER fixes anything, they only make it worse.