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Sebelius: Private Health Insurance Industry in Death Spiral

BEGIN TRANSCRIPT

RUSH: Cybercast News Service has it. "Health and Human Services Secretary Kathleen Sebelius told the House Ways and Means Committee on Tuesday that the days of private health insurance are coming to an end in the United States. 'The private [health insurance] market is in a death spiral,' Sebelius said, contending this would be the case whether or not President Barack Obama's health care law had been enacted." So, "The private [health insurance] market is in a death spiral." It's over. Kathleen Sebelius.

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