The government making everyone buy private health insurance in a government regulated market increases cash flow into those insurance companies.
The government putting more Medicaid money out in private insurance contracts increases cash flow into private insurance companies.
“Death Panels” increase the bottom line of insurance companies with the government becoming the ‘bad guys’ for denying treatment, not the insurance companies.
The first Obamacare from Mitt Romney in Massachusetts, now nationwide with Barack Obama was needed because of the “freeloaders” (people without insurance) showing up for treatment. This was a political maneuver to deal with costs for hospitals and insurance companies.
REAL CONSERVATIVES WILL 100 PERCENT REPEAL AND REVERSE OBAMACARE, NOT JUST COMPLAIN ABOUT HOW BAD IT IS TO USE POLITICALLY AGAINST DEMOCRATS IN SPEECHES.
The real pain started when odumbo was first elected, it only continues with each passing day.
“The government making everyone buy private health insurance in a government regulated market increases cash flow into those insurance companies.”
Hillary failed to get the insurance companies on board for Hillarycare. The insurance companies funded to the tune of tens of millions of dollars the anti-government healthcare ads, resulting in the failure of Hilarycare in Congress.
The Obamacare architects learned from the Hillarycare experience. They got the insurance companies on board by designing the plan to increase their profits and at the same time guarantee a certain level of profitability at the expense of the taxpayer. Big pharma got similar deals. With insurance and pharmaceutical companies neutralized as an opposing force, the Obamacare passed.
It is interesting Obamacare did not open up national competition for health insurance products or a national marketplace. A national marketplace would have allowed the efficiencies of scale to be applied to the market resulting in lower premiums. Allowing consumer to shop for insurance across state lines would have also brought more competition to the health insurance market, resulting in falling prices. However, the current fragmented state limited market system works to the advantage of the insurance companies.
It now appears the GOP is on board with keeping Obamacare. If the GOP is afraid to attack Obamacare head on by voting for repeal, at least it could pass a reform measure opening up market to allow consumers to shop across state lines for insurance. However, not a peep from the GOP about a market oriented “free enterprise” reform. Instead the GOP is talking about eliminating the medical device tax which will only result in higher deficit spending or more pressure for higher income taxes.
The GOP is fully in bed with the Democrats on national health care. Crony capitalism triumphs over the free market.
The public is just going to wretch and then pull the flush handle on the Beltway Pol/Crony Capitalist axis.
The result of which will be either a return to a TRUE free-market economy, or a regulatory punishment regime run by the Fake White Indian.