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Posted on 09/20/2010 3:05:14 AM PDT by Scanian
President Obama prom ised that his health reform would "fix" our rising med ical costs and a growing legion of uninsured Americans priced out of coverage.
Fix it in which direction?
Data out last week shows that the price of insurance is rising even faster than before, the number of uninsured Americans is spiraling upward, and the choices people have of doctors and health plans are being sharply constrained as a result.
Welcome to ObamaCare, Year One. This is the change we should start believing in.
The Obama team blames the recession or the "greedy" insurance industry for these ills. But managed-care firms are simply passing along ObamaCare's higher costs, and the recession can't account for all of these setbacks.
The irony is Obama seems certain to run for re-election in 2012 in a country where far fewer people have health coverage than before he tinkered with the system, and those with insurance find themselves paying more money for less.
If Democrats think the Obama health plan is hard to campaign on in this year's political cycle, just wait until the next election.
(Excerpt) Read more at nypost.com ...
Strangely, my Blue Cross monthly premium has gone down by $35. Maybe it’s just a short bit of relief before they axe our policy.
You guys draft a 2700 page bill for Health Care, but totally ignore tort reform in the medical industry? What would happen if we passed a law that said the maximum award for any medically-related law suit is $100K? Or, how about taking England's approach and say: If you lose your (frivolous) law suit, you have to pay the other side's legal expenses? If doctors didn't have to worry about law suits, how many unnecessary (performed only to cover-your-ass) medical tests would not be administered and how much money would this save? Why did all of you bozos in Washington ignore this issue?
It's because about three-fourths you self-serving SOB's are lawyers, that's why.
The same is true for financial regulation. A 2000+ page bill and you don't even touch Fannie and Freddie? Why not? Because you jerks are trying to buy votes with my money. Well, let's see how you like standing in the unemployment line after November. Throw 'em all out.
I admit I am completely discouraged. There is no indication that Republicans will make any attempt to roll this back if they retake the house/senate. I know that any legislation they attempt may be vetoed until 2012 (or Obama leaves the White House) but I have not heard ANY indication this abomination will be overturned.
I could be wrong here, but not seeing it.
There is no problem with our health care. It is the envy of the world, we have the finest Doctors, the best facilities, the most advanced technologies in all related fields, the best access to services.
To say our health care system is broken is a lie.
There is a difference between 50 million peoples not having access to health care services and not having insurance.
The true problem with having the best health care in history is it is expensive.
The reason it is expensive is because the bills are paid by other peoples money, ie: Insurance companies, and public assistance. Thus, there is no incentive for competitive pricing. The average consumer feels they avoided financial destruction by paying thousands of dollars every year in premiums.
In other words, if you dont want bad things to happen to you, then you better pay up.
Its called the protection racket and its the second oldest way to make a living. Its also called extortion.
The entire problem with the health care system is not with health care, its insurance. To mandate that everyone has insurance only serves to make matters worse. Like trying to put out a fire with buckets of gasoline.
The true solution is to establish a system that ensures lowering costs while encouraging even more advancements over our already lofty standards. The only way to achieve the desired results is by injecting the patient with the only proven formula that reduces costs and increases quality. The name of this time tested, undeniably successful panacea, is free enterprise.
The average family of four taking home around fifty thousand dollars a year after taxes, spends twenty percent of their after tax money on extortion payments. If a medical crisis occurs every twenty years, then they have spent nearly a quarter of a million dollars on paying for it. If the event costs 170,000 dollars then the insurance company gets to keep 80,000 dollars. If the event costs 330,000 dollars then the insurance company looses 80,000 dollars. Insurance companies like these odds. In fact, that is exactly how they make so much money.
Over your lifetime, your extortion...um, premium payments will exceed half a million dollars. Whatever is not spent on medical bills, the insurance company keeps. Any sane person feels some resentment in those facts and has no interest whatsoever in being proactive about keeping the costs down, in fact, some feel that, the more those bastards have to spend the better!.
We have a system where the buyer, who gets mugged every month, pays the seller with money from the thief !
Hardly conducive to having a competitive market. In fact it ensures that prices of both health care and health insurance will never go down, instead, it ensures that prices will always go up.
The medicine for this terminal condition is obvious and will have stunning side effects, rapidly soaring the entire economy to heights never before encountered.
Medical care entities bill the patient directly, all invoices will have the option for installments with terms, or payment in full.
Every person could be required to deposit 20% of any gross income into an interest bearing personal health care savings account. The interest calculated is based on the rate of inflation.
This is their money to keep and spend as they like with the provision that if the money is spent for medicinal purposes then it is tax free. Up ton once every year, you may withdraw up to half of the money, but if not used for healthcare care it would be taxed as income.
The action sets to action a new and powerful dynamic.
At first, prices will settle to what the market can bear.
Then, enterprising people will figure ways to dominate the market by lowering prices, making money thru sheer volume as say a Wal-Mart, Amazon, Sears and so many others. This will force some out of business but will lower the prices across the entire industry.
Mean while, the consumers will be flushed with capital on hand and a feeling of security and confidence. The economy will grow with unbridled stride. Large ticket items will be in high demand, Finding enough workers, not jobs, will be the major problem and the poor will enrich themselves. It would mark the beginning of a new frontier of prosperity.
The Republican elite will Not soil their hands or reputations to Campaign on Issues the Rabble has been in a Rage about for almost 2 years. They continue to campaign on Tax cuts alone,same old,same old dont mention the Out of Vogue Trampling of the Constitution,that is for that rabble Tea Party thing.
We are to buy getting our Chairmanships back
My wife educated some clueless LIBs on what thie DeathCare act will do. She was talking about her mom, who will be 103 tomorrow and her eventual need to get a new pacemaker. My wife dropped the subtle comment that she had better get it now before the new act takes effect because her mom won’t get a new pacemaker. The startled LIBs were forced to acknowledge that it was wrong. The looks on their faces = priceless.
You aint seen nothing yet.
Wait a couple of years when this thing gets rolling with it’s beaurocratic offices and affirmative action employees.
Forget about that mandatory 20% of gross income into a controlled account. That would rapidly become the craziest boondoogle of all time, as the Government moved in to ‘administer’ it.
Just go with “money spent on healthcare is untaxed”, put a cap on medical liability and insist on loser-pays tort reform.
This is why we need to get rid of all rinos.
And in the meantime Obama continues trying to convince us of the beauty of his health care reform. Ha!
And in the meantime Obama continues trying to convince us of the beauty of his health care reform. Ha!
thank you for the MOST common sense writing on health care I’ve read. If the Tea Party was a political party..that would be their health care platform.
Obama needs to be impeached, tried for treason and brought to justice.
Bend over, vote democRAT.
I’m sure this was “Unexpected”
...when your in a card game, it’s best not to jump up and down in your seat when you draw a good card....*s*
u voter for him
Republican lawmakers portray the anticipated drama as foreshadowing the far bigger brawl of the 2012 presidential elections and a clash of visions with President Obama. A vote in the House to repeal the health-care overhaul would be among the GOP’s top priorities.
Republican leaders are also devising legislative maneuvers that might have a bigger impact, using appropriations bills and other tactics to try to undermine the administration’s overhaul of health care and financial regulations and its plans to regulate greenhouse gases.
...if you meant I voted for him,your wrong
My final question: Why should I have to pay for your son's health insurance when he doesn't want to pay for it himself? He actually got up and left the table without saying a word. Go figure...
The insurance company does not *keep* $80K. The $80K is spent on other claims for catastrophic illnesses in the pool of covered participants. Insurance is SHARED RISK.
Presently, State Insurance Commissioners regulate all Insurance companies operating in those States and generally; after claims payments, maintaining reserves, expenses for sales & administration there is only a very small *profit margin* which is generally used to keep premiums in check. Most insurance companies are *mutual*; similar to credit unions and non-profit organizations. Participants are the stock holders.
Like any socialist Obama has no country only an agenda.
1) Fix the overly-complex and economy-sapping income tax system in favor of a very simple system with low compliance costs and encourages Americans to keep their savings and capital investments in the USA.
2) Massively modifying and/or dismantling the health care reform originally passed in 2010 in favor of more free-market reforms such as allowing insurance companies to sell health insurance policies across state lines on a regional basis.
3) Audit every Federal, state and local government agency for bureaucratic overlap and agency bloat and use the audit results to reduce the size of government by 30% or more. This includes returning a lot of power to the states and dismantling departments like the Department of Education.
4) Impose real reforms to Wall Street to stop the type of excesses that caused the 2008 crash in the first place. Re-imposing the 1933 Glass-Steagall Act might be a good place to start.
With these real changes, the American economy can finally recover and grow again.
Very well written in any case.
Years ago a relative was considering a transfer to California. He said “Well one thing going for it, is I won’t have to pay for health insurance.”
I replied, “No, but instead you’ll have to pay for everyone else!”
He laughed, and said “Nice retort!”
Thankfully, he passed on the transfer.
“Just go with money spent on healthcare is untaxed, put a cap on medical liability and insist on loser-pays tort reform.”
I like it.
I hope they treat you right if you have to file a claim.
To name a couple off the top of my head...Commonwealth of Massachusetts, State of California.
“No one previous to the Obama administration was forced to obtain health insurance.”
“It was a successful product people chose for the benefits it offered to offset the disadvantages not having it portended.”
Product implies production. Let's agree the only production Insurance contrives is the production of profits and ever increasing costs.
It was first developed during the late 1800s, the same era that brought us snake oil, robber barons,carpet baggers, false goldmines, and other schemes designed to part money from honest people who actually had to work for it.
Later the Unions (including Teachers,Locals, Railroad, and other Socialist entities) brokered deals to include Medical Insurance as part of their compensations.
That's when Medical Service providers responded with discounted charges of practice to those invoices being paid by the Insurance entity.
Around this time Employers started to use the rouse to attract better employees by offering Insurance instead of more actual wages. This is because, truth be told, Insurance is worth less than actual money. Otherwise, Employers would have offered increased wages.
Until the 60s, most people paid out of pocket for a Doctors visit, as well as Hospital stays. About 65% of the population did this. That's because they were paying from their own pocket, thus the Free Enterprise System was keeping costs down.
The more companies that added Health Insurance to their compensation offers, the higher medical costs would go.
People did not “choose” the product.
Like Obamacare, it was shoved down their throats.
As the Socialist ponzi scheme...er I mean Insurance, progressed, Medical Costs started to sky rocket because once the bills are being paid by Other People's Money (OPM) then no one cares how much their ailment costs to fix.
“It's evident that you, in addition to being an FR neophyte, are more motivated at maintaining your argument through the use of special and idiosyncratic definitions than anything else”.
Well it's true, I am an FR neophyte. I started to post here very recently. I am a conservative and I whole heartily believe that exchanging ideas with one another just may result in some tangible and positive results.
I am not simply maintaining an argument on senseless grounds, rather I am trying to influence some about allowing the socialist groups to define the language of the debate.
There is nothing wrong with our Health Care. Insurance may have benefits, but since that 1940s it has always been a tool of the Unions.
In fact the whole concept of others sharing the costs to pay another’s bill is Communist in nature.
As for these “special and idiosyncratic definitions” are concerned, they are what's known as reality, also called Truth.
I really don't understand your personal attacks in your responses. I do understand having passion in one’s views and it is something I respect irregardless of if we agree on something or not.
If you don’t have Insurance in MA you have to pay an eight hundred dollar tax.
Comrades in arms.
Crap, I just puked all over my screen.