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ObamaCare Is No Big Deal (Everybody can calm down now)
Forbes ^ | 8/17/2009 | Michael Maiello

Posted on 08/17/2009 9:00:40 PM PDT by SeekAndFind

When a cop and a professor got out of control, Barack Obama defused tensions with a beer in the garden. But the way health reform opponents have flown off the handle, nothing less than a fistful of Xanax and some medical marijuana could possibly calm things down. I kid, angry mob, I kid because I love! Please don't send me to your death panels, no one is seriously suggesting silencing you with a cocktail of recreational drugs.

ObamaCare isn't worth all the shouting. It's not an ambitious proposal. It doesn't change health care as we know it. Not even the industries that will be most effected are that worked up about it. The health insurers won. UnitedHealth , Aetna ( AET - news - people ) and Cigna ( CI - news - people ) will maintain hegemony. Most people will still get the health insurance that their human resources managers pick for them. Pharmaceutical companies like Merck ( MRK - news - people ) and Pfizer ( PFE - news - people ) will not have to contend with the federal government using its purchasing power to bring down prices or with re-imported drugs from Canada. For that, the pharma lobby might accept slightly shorter patent protection so that generic drugs can be manufactured more quickly--a minor concession for which the industry won two major victories.

The most radical of Obama's suggestions, that the government should provide a strong public option to private insurance is history. It's not happening. We're getting co-ops instead. Co-ops. The last co-op I saw was an organic grocery store where you had to spend hours stocking shelves and ringing up customers just for the privilege of buying produce that's cheaper and better at a farmer's market. It'll be worse with health care.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; News/Current Events
KEYWORDS: healthcare; obamacare
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The author argues that the most radical of Obama's suggestions, that the government should provide a strong public option to private insurance is history. It's not happening.

We're getting co-ops instead. Co-ops. The last co-op he saw was an organic grocery store where you had to spend hours stocking shelves and ringing up customers just for the privilege of buying produce that's cheaper and better at a farmer's market. It'll be worse with health care.

The co-ops will be small, regionally based nonprofits that will be open only to people with incomes at three or four times the poverty line or for people who are not offered insurance by their employers. The co-ops would be seeded by the government but will have to be self-financing soon after. They won't take business away from private insurers because, by design, insurance company customers won't be allowed to switch to them. Even if people had a choice, they'd likely not pick the co-ops because they won't have the scale that big insurers do.

So, Co-ops won't be as big a deal as the government option.

1 posted on 08/17/2009 9:00:40 PM PDT by SeekAndFind
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To: SeekAndFind

“So, Co-ops won’t be as big a deal as the government option.”

Famous last words.


2 posted on 08/17/2009 9:06:25 PM PDT by headstamp 2 (Question Marxist Authority)
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To: SeekAndFind

Co-ops. Yeah, that’s the ticket.


3 posted on 08/17/2009 9:06:26 PM PDT by Jeff Chandler (Obama is in way over his ears.)
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To: SeekAndFind

Sherly, you jest.


4 posted on 08/17/2009 9:06:56 PM PDT by MestaMachine (One if by land, 2 if by sea, 3 if by Air Force 1.)
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To: SeekAndFind

5 posted on 08/17/2009 9:07:16 PM PDT by Clock King (There's no way to fix D.C.)
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To: SeekAndFind

pretty crazy bs for forbes

why does steve let this garbage on?


6 posted on 08/17/2009 9:08:26 PM PDT by wardaddy (Kite Runner....good movie.)
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To: headstamp 2

Anything the government puts money into, the government runs. GM, for instance.
o doesn’t want to sell cars either, remember?


7 posted on 08/17/2009 9:09:25 PM PDT by MestaMachine (One if by land, 2 if by sea, 3 if by Air Force 1.)
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To: SeekAndFind

It’s the framework upon which they will push for a public option.

However, the author is making the mistake is saying that this is what we are getting. We’re not getting anything.

Compromise is the first stage of defeat.

When you compromise, you have to give something up to get something. Well, the Loony leftards and white-guilt ridden Liberals didn’t want to give up the public option. Obama p***ed them off.

Obama’s plan is going down in flames because his own base turned on him.

Life is good.


8 posted on 08/17/2009 9:10:41 PM PDT by lmr (God punishes Conservatives by making them argue with fools.)
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To: SeekAndFind
The one thing I would like to see in all this health care talk is long term policies. Just like 20 year life insurance, If it was level term for lets say 5-10 years rather than the year to year that we live with now I think there could be some savings in the long term. Just MHO.
9 posted on 08/17/2009 9:10:45 PM PDT by guitarplayer1953 (Warning: Some words may be misspelled/ You will get over it / Klingon is my 1st language)
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To: SeekAndFind

Obama = “

“I happen to be a proponent of a single payer universal health care program. I see no reason why the United States of America, the wealthiest country in the history of the world, spending 14 percent of its Gross National Product on health care cannot provide basic health insurance to everybody. And that’s what Jim is talking about when he says everybody in, nobody out. A single payer health care plan, a universal health care plan. And that’s what I’d like to see. But as all of you know, we may not get there immediately. “


10 posted on 08/17/2009 9:10:46 PM PDT by Clock King (There's no way to fix D.C.)
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To: wardaddy

Garbage in, garbage out. Opinions are opinions. I can’t post mine.


11 posted on 08/17/2009 9:11:24 PM PDT by MestaMachine (One if by land, 2 if by sea, 3 if by Air Force 1.)
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To: SeekAndFind
Of course, all this assumes foolishly that it isn't government's ultimate goal to control all of health care.

This is why I don't care about politics.

12 posted on 08/17/2009 9:11:49 PM PDT by Trailerpark Badass (Happiness is a choice!)
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To: SeekAndFind

Some of this sounds like sarcasm, but mostly air-headed and stupid. This guy, obviously, hasn’t read the bill.
Is this a typical commentary from Forbes?


13 posted on 08/17/2009 9:14:12 PM PDT by WestwardHo (Whom the god would destroy, they first drive mad.)
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To: guitarplayer1953

What, like Social Security? THAT was supposed to be insurance.
Not to mention they robbed it blind.


14 posted on 08/17/2009 9:14:58 PM PDT by MestaMachine (One if by land, 2 if by sea, 3 if by Air Force 1.)
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To: wardaddy
>why does steve let this garbage on?

Because Steve's not nuts?
He views this like a business
and laughs at the hype.

15 posted on 08/17/2009 9:16:04 PM PDT by theFIRMbss
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To: SeekAndFind
It doesn't change health care as we know it.

Then what's the point?

Most people will still get the health insurance that their human resources managers pick for them.

And most of those will be government-run programs.

Pharmaceutical companies like Merck ( MRK - news - people ) and Pfizer ( PFE - news - people ) will not have to contend with the federal government using its purchasing power to bring down prices or with re-imported drugs from Canada

I don't give a rat's rump about existing drugs. I want them to come up with new drugs. I want the person who invents a viable cancer vaccine to make a hundred billion dollars, and I want every kid in medical school to know that if they want a hundred billion dollars, all they have to do is come up with a viable cancer vaccine.

We're getting co-ops instead.

If you're fooled by a name change then I'll stick to calling it "socialized medicine" with "death panels".
16 posted on 08/17/2009 9:19:24 PM PDT by VisualizeSmallerGovernment
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To: lmr

how is it possible that Obama with his filibuster proof senate and house has to give up on anything?


17 posted on 08/17/2009 9:21:44 PM PDT by ari-freedom (Obama acted stupidly...and that's after knowing all the facts.)
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To: SeekAndFind

Within 6 months, Communist healthcare will be in place.
I guess he forgot who is President, or he is obtuse.


18 posted on 08/17/2009 9:22:48 PM PDT by stephenjohnbanker (Pray for, and support our troops(heroes) !! And vote out the RINO's!!)
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To: MestaMachine
No like instead of each year your company goes out and get coverage for that year why not get coverage for five years? Most people who have been in a job for over 2 years are going to be there for the next 3-5 years. I've been working for the same place for almost 26 years now and every year it's how are they going to screw us this time with health, dental, prescription, and even eye glasses. I work for a multi billion dollar company world wide. Last year our prescription drugs were $16 name band and $8 for generic and if you went 3 month mail order it was 14 bucks. This year is full price name brand 10% generic up to 100 bucks per month worth and we must take generic if it is made, if not then it is 10% for name brand no matter how much it cost.
We got a royal screwing.
19 posted on 08/17/2009 9:24:46 PM PDT by guitarplayer1953 (Warning: Some words may be misspelled/ You will get over it / Klingon is my 1st language)
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To: SeekAndFind

In the (last) words of the mayor of Hiroshima, “It’s just one B-29; just one, lone B-29”.


20 posted on 08/17/2009 9:27:56 PM PDT by Spok
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