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Co-Ops,The Fannie Mae & Freddie Mac Of Health Care!
PDOP ^ | 08/19/2009 | J Brown

Posted on 08/19/2009 5:02:08 AM PDT by Jabrown

Over the past 2 days, an increasing number of Democrats have suggested the creation of Co-ops to replace government run health insurance. The media has portrayed this as a move to be able to pass Health Care Reform while providing an option for those who have none. However, let's get the record straight on Co-ops in terms that every American can understand.

A Co-operative as pushed in this legislation would become a partnership between the government, the insured, and most likely an existing insurer with an existing claims and marketing structure in place. Under the co-op guidelines, the insured would have certain ownership rights in this non-profit entity, however, those rights would be outlined at the creation of the co-op and would most likely be limited to voting rights for a board of directors. The co-op would then operate as a non-profit, privately owned health insurance company. The idea again being that as a non-profit entity, they could bring down Health Insurance rates. The preceding is a general outline of the theory of a co-op, but will it work this simply in reality?

NO! And here is why...

(Excerpt) Read more at politicallydrunk.blogspot.com ...


TOPICS: Business/Economy; Government; Health/Medicine; Politics
KEYWORDS: coops; healthcare; obamacare; obamunism

1 posted on 08/19/2009 5:02:08 AM PDT by Jabrown
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To: Jabrown
FTA, the bottom line on co-ops:

For the first time ever, I can honestly tell you that I agree with Senate Majority Leader, Harry Reid. When asked about cooperatives, he simply stated that you can call it a cooperative or you can call it a government option, it doesn't matter because they are both the same. Guess what, for the first time ever, he was honest and right. Don't be fooled by the semantics being played by this President and Congressional Democrats today. They are attempting to create confusion to lessen the public pressure on themselves.

We Freepers have had it right from the beginning.

2 posted on 08/19/2009 5:18:54 AM PDT by libstripper
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To: Jabrown

We all know Barack is follower of Alinsky. Now comes the second part of the equation: The “Cloward-Piven Strategy” seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands(like 47 million added to health care), thus pushing society into crisis and economic collapse.


3 posted on 08/19/2009 5:21:44 AM PDT by radioone
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To: libstripper

you don’t know how hard it was to write that I agreed with Hawwy Weed. We cannot allow the pressure to be let up on on these idiots in congress.


4 posted on 08/19/2009 5:22:07 AM PDT by Jabrown
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To: Jabrown

One difference between these proposed co-ops and the co-ops millions of Americans are familiar with is that with these, in a very few years, you won’t have the right to not join one, and you won’t have the right to quit them.

Like the so-called ‘public option’, they are government controlled health care. More precisely, they are government micro-managed health care.


5 posted on 08/19/2009 5:29:45 AM PDT by savedbygrace (You are only leading if someone follows. Otherwise, you just wandered off... [Smokin' Joe])
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To: libstripper
Don't be fooled by the semantics being played by this President and Congressional Democrats today.

I'm sure quite a lot of Republicans will be using this as a way to attain "bipartisanship".

Questions I have about co-ops....what if a co-op fails? Will the govt allow it to fail and watch people go uninsured? Or will they take them over ala GM? What do we have if/when the government takes over the co-ops? Maybe a "public option"?
6 posted on 08/19/2009 5:35:57 AM PDT by mmichaels1970
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