Posted on 06/28/2016 3:05:17 AM PDT by IBD editorial writer
Health Reform: The health care law President Obama signed six years ago was supposed to fix the individual insurance market with enlightened rules and regulations. Instead, ObamaCare is destroying this market. Just look at what's happening to Blue Cross Blue Shield.
(Excerpt) Read more at investors.com ...
We should have all known that when Pelosi said ‘you’ll see what’s in it when we pass it”...that we’d get a big fat nothing burger?
Well the existing order must be weakened to a point that will give the Uniparty a mandate to implement single payor national healthcare.
Regulation increases costs. Period. Regulation, in general, does nothing to improve the product or the product’s availability. Regulation generally accomplishes the opposite of what was intended.
As I played with my screen phone the other day I had an epiphany. If the government had left the phone company and its regulations the way they were we would all still be tied to a wall by a tether to a black plastic clunker of a phone. Phone booths would be everywhere and now they would take credit cards as nobody could carry enough quarters to make a call.
This was totally by design. Ziphead drives previously viable businesses into bankruptcy so the government can step in to “save the industry”. Single payer by design.
That is not quite true. Regulation does improve product safety. Although insurance is not a product that can harm or kill people.
I think there is an analog to a Laffer curve with respect to regulation. Beyond a certain point, it increases burden on producers without any significant increases in product safety.
I think insurance, however, is governed by anti-fraud laws and so forth. The market is an adequate mechanism for regulating how insurers conduct their business, since if customers don't like one insurance company, they can just go to another.
They charge way more than they used to and cover less.
Not just regulation but the "it's insured" mentality. Care is based on what's covered rather than what's necessary, what are the other options, and what's best for the individual. It's killing innovation and self-healing choices. To some degree it's taking away freedom, as provider choices are dictating other aspects of people lives. It doesn't account for the role self-healing and prayer can have in health. It rewards people for staying sick, and the medical profession for only dealing with patients that they can probably heal, and not offering any more or less care than the insurance company dictates.
All of that is common sense. Except to those who passed the mess.
Nobody knows the trouble I’ve seen
Nobody knows but Jesus
But that stone just keeps on rolling
Bringing me some real bad news
Takers get the honey
Givers sing the blues
https://www.youtube.com/watch?v=OT21jl9Afbc
We should have all known that when Pelosi said ‘you’ll see what’s in it when we pass it”...that we’d get a big fat nothing burger?
As a self-employed person subject to pay directly for its mandate, ObamaCare is many things, but it is not a "nothing burger".
My high-deductible policy in Texas now costs just over $14,000/year. The IBD report says that BC/BS have filed for a 50% increase over that for next year. Before ObamaCare kicked in, I was paying about half the current the premium for similar coverage, though I admit that my over-50 wife and I now receive "free" birth control and pediatric dentistry coverage that we didn't have under the the old policy.
ObamaCare is not a "nothing burger": It is a trainwreck that was designed to fail forward to either Britain-style socialized medicine or Canadian-style single payer.
Well at least everyone saved $2000 and the
GOP kept their word and made themselves, their families
and their staff NONEXEPT.
WRONG.
THE GOP are liars, EXEMPT, and supporters of ObamaTRADE,
too. Everyone in the GOP must be replaced from Ryan
to the stinking coverup-liar Issa.
FWIW, My mind reels when I read that “the insurance industry” wrote the Obamacare law. Why would any entity write the documents of their own destruction? Did they think they would be the chosen one?
Boy does that sum it up. And ‘they’ wonder why people are angry???????
You also end up with the badly trained in the medical field at a much higher percentage. Ought to know that all to well, this past 4 years as they’ve implemented it I’ve seen the changes in the way patients especially seniors are treated and how bad hospitals, techs and doctors preform their jobs. Job cuts to nursing staff. BRING your own food is now a must as the crap being served is what the kids are being fed in schools today ala the non-nutrition trained MOOCH FLOTUS.
They no longer care if a patient gets dehydrated or how much pain they cause them with their test. Some are just down right SADIST.
And you can’t get rid of them.
Boobamba signs healthcare bill. Pelosi is orgasmic. Ut oh, where are Harry's hands. Hmmmmmm?
Look at the CRAP side effect riddled drugs that are coming out of the FDA, and compare them with the lawsuits for those drugs. Some things need MORE regulations. You listen to the commercials for the drugs, and you only get most of the good it can do stuff, the bad is rushed and not all is told.
Crap like Crestor should never have made the market along with Gardasil vaccine the side effects on that are devastating. Grand daughter went from a healthy athlete to a very sick for life teen with Rheumatoid Arthritis and Fibromalgia, + digestive issue after her dumb mother let the Pediatrician con her into the vaccine and had done no research on it. Kid was not even really dating or sexually active to into sports activities and church.
Yes, Pelosi’s statement was an example of utter absurdity but the first thing a lot of people need to learn is that when the federal government decides to “reform” an industry and healthcare IS an industry, there is no possible way to have a positive outcome. An amazingly high percentage of Americans have not understood that in the past. The possibility of that working out well is the same as the possibility that Santa Claus will fill your living room with gold on Christmas Eve.
I still cannot believe how many young people and some not so young, believed eight years ago that the government was going to give everyone in America FREE health care!
At one time I DID use a credit card to make long distance calls! There was no scanner but I dialed the number in. I was a traveling tech rep and had to call in to a dispatcher multiple times every day. I got so good at punching in all those numbers on a keypad that once I pulled up to a drive up phone and when I entered all those numbers one guy who was standing six feet away turned to his buddy and said, “Man, did you hear that? He ain’t dialin’, he’s playin’ a tune.” I did it left handed too, even though I am a righty.
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