Senate Majority Leader Harry Reid (D-Nev.) on Thursday said the American public should not cry over how health care reform might affect the health insurance industry.“I don’t think we should be crying great big tears about the insurance industry,” Reid said at a Capitol Hill press conference when asked whether insurance companies should be allowed to charge higher premiums for people with preexisting conditions.

“There is no business in America that makes more money than the insurance industry--over the last 10 years their profits have been increased by 450 percent,” Reid said. “So I’m not really in very much of a mood to worry about the insurance industry.”The health insurance industry is so wealthy, said Reid, because unlike every other industry professional baseball, it is exempt from anti-trust laws.