Skip to comments.Coburn: Private health insurance may end soon
Posted on 10/12/2010 10:29:43 PM PDT by Nachum
Private health insurance in the U.S. will be dead in three years, U.S. Sen. Tom Coburn said Tuesday.
"There will be no insurance industry left in three years," Coburn told the Republican Women's Club of Tulsa County.
"That is by design. Youre going to make insurance unaffordable for everyone -- which is what they want. Because if theres no private insurance left, whats left? Government-centered, government-run, single-payer health care.
Coburn apparently based his prediction on reported hikes in private insurance premiums, increases he attributed to the new law.
Some insurers say they have raised premiums because of new mandates, including requirements they cover pre-existing conditions and allow parents to keep children on their policies up to age 26.
(Excerpt) Read more at tulsaworld.com ...
NannyStateCare is in all of our futures. Try to stay healthy.
Freeper already knew this stuff
Tell us something we don't know. If the Republican Women's Club of Tulsa has to be told this at this late date I'm not sure if we will ever get out this mess.
Why should anyone be surprised. Anyone who researched Bambro, listened to his interviews from years ago, knew this was the plan all along. Wonder why Buddy Bill is begging for the next two years to give the demonrats a chance? Because at the end of Bambro’s term they win and we lose for good.
They're all looking for jobs.
If the new Tea Party majority cannot end this threat to our freedom and liberty then you’re right. I pray all of the prayers & money we send will bear fruit.
The amazing thing is that if you read the comments, there are people who STILL don’t get it.
I just can’t understand how that is possible
it will not be completely repealed...they’ll change things...but the wheel has already begun rolling down the hill....
A lot of Americans are not sheep; they won’t ‘baa’ their way to the nearest Death Panel Bureaucrat. A lot of Americans are already severely pissed off at the Feds, so instead of submitting to Dark Lord Obama, an underground black market will spread like wildfire. And the Feds will be scratching their pointy heads, wondering why there’s no private insurance left, but nobody is signing up for ObamaCare.
It would be cheaper to pay the IRS penalty and head to the underground market.
If we go to single payor they will just take the money directly from either your paycheck or your taxes at the end of the year. They dont care about health care per say it is all about confiscating your money thereby taking away your liberty. I despise the politicans and I hope they reap what they sow they are evil and I despise the people who voted for Obama
I’m sure this wasn’t news to most of these ladies, but they were glad to hear that a candidate they could vote for thought so.
Alternative health care is the small business of the future.
Seems to me that there will have to be some kind of market to provide for the elites, Congress and other groups exempt from ObamaCare...i.e., the Unions.
There are some here that still don't believe this.
Letting boomers die was one of the intended designs of the DeathCare bill. Anyone over 55 not seeing that truth is a fool.
Here’s the big problem. Private insurance will go bankrupt, but there is no federal healthcare to replace it. Imagine one big cluster - F coming down the road.
He’s right. The ‘defects’ of Obamacare are actually Features.
From the first we clarified the logic (and dignity) of an agreed contract between an insurer and an insuree. When an outside third party enters and manages the rules for its own self aggrandizement (in this case the leftist government of Pelosi, Obama, etc.) then the base agreement (the private insurance) becomes meaningless. Any contract becomes meaningless if the signing parties are rendered impotent by outside authority.
The choir here of course knows this, but where is the articulation from the "Republican" politicians (besides Coburn)? ObamaCare is blatant LEFTISM, where the conscious analytical ability of the individual is forfeited to authoritarian intervention. Where are the Republican politicians who should have articulated this?
ObamaCare and allowance of illegal immigration are among the greatest tragedies to ever befall the integrity of the United States. The wars themselves, even the ones made divisive by the Media, were never the same threat to the raison d'etre of the US - the human dignity of freedom.
Leftism, George Soros, human stupidity.
Wow.. Sen. Tom Coburn just figured that out?
And let's be honest here, folks . . . the primary motive here isn't necessarily "government control" of health care. The primary objective of any and all variations of "health care reform" in this country over the last 20+ years has been the removal of medical insurance costs from the operating expense sheets of every major U.S. employer that now offers this coverage to their employees.
This is why -- despite all of the political posturing on the part of the GOP in recent months regarding "ObamaCare" -- this health care reform is a heavily bi-partisan effort.
This is an excellent point, but it needs some further comment to explain why "contract law" doesn't necessarily apply well in the case of medical insurance.
As per your description, a medical insurance policy is a "contract" between an insurer and an insuree that provides for terms of payment for some other largely unspecified "contract" between the insuree and one or more medical professionals. In other words, there is already a third party in the U.S. health care system: the insurer.
Having this "third party" system in place -- regardless of whether the third party is a private insurer or a government agency -- is what makes our entire health care system fatally flawed. An economic transaction where a buyer (a patient) and a seller (a medical professional) conduct business between themselves while a third party ends up paying the bills is doomed to fail. And it has.
I have to ask - my memory appears to be failing me - “yitbos”?
Why do you think obambi gutted Medicare? My quilt guild meets at the community center where commodity hand outs are done, over the past 2 years I’ve seen more and more frail seniors, and I ask the lady handing out the commodities and she says they have about tripled the number. All look as if the life had been sucked out of them.
Email the list, print the list, hand it out, print the first one for seniors who are not online. Use the AMMO the enemy gave us.
DEMOCRATS WAR ON SENIORS!
How ObamaCare Guts Medicare
Health laws heavy impact by Paul Guppy (Taxes)
Monthly premiums to rise for 7 of top 10 Medicare prescription plans in 2011
Social Security: No 2011 increase expected (COLA)
No Social Security COLA Expected For 2011 News Expected To Be Bad For Democrats
They forgot to add this to the Rest of the Story
Harvard Pilgrim cancels Medicare Advantage plan
Seniors coverage options dwindle as Medicare Advantage programs close shop
Survey in New England Journal of Medicine 46% of US Doctors Will Quit Obamacare Passes http://www.associatedcontent.com/article/2798380/shocking_survey_in_new_england_journal.html?cat=75
ObamaCare has just made me Sicker!
In the notice, EmblemHealth told Gowland, who is healthy, The proposed rate increase includes two components: a basic increase on your type plan and an increase due to the cost of enhanced benefits required by the new federal Patient Protection and Affordable Care Act.
Mayo clinic stops taking Medicare patients
Principal To Cut Jobs, End Med Insurance Business
Obama: We knew health costs would go up
Yes indeed. Most socialized systems eventually have a two tiered system. Good care for those with clout and death-care for those on the bottom. AND- if you don't have clout be prepared to pay bribes to get any decent care.