Posted on 02/04/2011 10:34:57 AM PST by blog.Eyeblast.tv
Sen. Sanders appeared on MSNBC and said that we need to get rid of all private insurance companies. Sanders, who is registered as an Independent is a self-described Socialist a pretty significant point every host who has him on their show should inform the public of.
Sanders said on health care: I hope to be able to get waivers from Congress and the White House to allow us to do so. At the end of the day, if you are going to provide health care to all of our people in a cost effective way, you have to get rid of the health insurance companies, not profiteering and bureaucracy.
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There. Fixed.
No difference in the end goals of sanders and every other ‘rat.
But I wouldn't allow government insurance either. Insurance destroys every market it covers.
ML/NJ
Another thing that the Media fails to point out that by their own admission, Obamacare still leaves 20 million people uncovered by 2014. They never are asked “just who are those 20 million?” Could that be the ephemeral group known as “undocumented aliens”? Don’t know, just asking. If so, then the biggest elephant in the room is now and will continue to break the back of Medical care in America...just what Barry and his minions want.
Not for the same reasons, but I agree that ending health insurance (in general) would cause costs to go down. Health insurance companies function under a model of pooled risk and limited benefits and that system has allowed expenses and costs to spiral while, at the same time, allowing us to have a better quality of life because we’re not worried about having to pay for critical care emergencies.
It’s a trade off.
Health insurance pooled funds permit individuals to benefit from otherwise prohibitevely expensive procedures that a government run system MUST NOT provide in order to remain solvent.
Want lower costs? Eliminate private health care.
Want premium health care? Eliminate government health care.
One is cheap, one is effective.
But we will never have cheap and effective health care in the same package for the same reason why a Ferrari will never have the same price tag as a Smart Car.
Insurance destroys every market it covers.
I sure would hate to take out a $200,000 mtg and then have my house burn down, or buy a $30,000 car, have an accident that totals the vehicle, and in both cases, have to keep making payments for an item that is no longer.
***Insurance destroys every market it covers.***
That has to be the most ignorant comment I have ever read on FR!!!
Insurance does not ‘cover’ markets - it covers ‘losses’ from unexpected but inevitable risks.
Fire, flood, accidental injury & death, acts of God....and stupidity.
..and put all those insurance company employees out of work, Bernie?
Just like what you accuse the Republicans of...heartlessness toward average working Americans.
At least you don’t conceal it anymore.
What the commies like Bernie are really after: all reserves/assets held by those pesky private insurance companies. aka funds held for the risks they have insured against.
The Gubmint will just spend those reserves on private jets for Congress & POTUS - much like they have used SS funds and Medicare for their profligacy.
Get rid of all 3rd party payers
Drop to cash system
perhaps some type of catastrophic care coverage
drastically reduce the administrative costs associated with medicine
Crickets
But that would be what is necessary to reduce the cost of healthcare
The insertion of the government into the equation
as well as the rest of the “Insurers”
has made the industry profoundly dysfunctional
Halfway measures are insufficient
10’s of millions would die in the process
and many hospitals and clinics would be bankrupted
But Medicare has an unfunded mandate of >32 Trillion Dollars
And is actuarially bankrupt now
When this collapses, it could end Western Civilization
I suspect around year 2015 will be when it hits
I hope to God I'm wrong about this...
You see, maybe I don't share your brilliance. Duuuuh.
One of my first calls to Rush, many years ago was about this. I guess neither Snerdly nor Rush thought it was "ignorant." Of course, I was talking about medical insurance. If you don't think our health care delivery market is not only screwed up, but now filled with a substantial majority of non-medical personnel, your just not paying attention.
And speaking of ignorance, I wonder if you really didn't understand "markets covered by insurance."
ML/NJ
When orginially offered; Health Insurance was a well-defined product, actuarially sound and carefully underwritten by the organizations that sold it. Most ‘companies’ began as mutual or non-profit (Aetna - Blue Cross (hospital) and Blue Shield (physicians)) Their premiums covered projected expenditures to policy holders(reserves), salaries and overhead.
Health insurance moved from individual purchases to employer group coverage and became a huge commercial success with resulting regulations.
State Insurance Commissions were set up for oversight on reserves, evolving into controls over policy provisions.
Thereafter, the States began to mandate coverage for pre-existing conditions; maternity complications - then normal maternity - then IVF -etc., etc., increasing ‘risk’ and requiring higher premiums.
It would be helpful to compare health insurance policies written in the 1960’s to those written today and then compare premiums.
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