Coburn: Private health insurance may end soon

tulsaworld ^ | 10/12/10 | RANDY KREHBIEL

[maddog55]

Wow.. Sen. Tom Coburn just figured that out?

[Alberta's Child]

This was no mystery to anyone here on FreeRepublic.

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.

[jmaroneps37]

http://www.coachisright.com/obama-lied-to-our-faces-the-8515-split-why-health-insurance-companies-are-dead-already/

[Alberta's Child]

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.

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.

[MortMan]

I have to ask - my memory appears to be failing me - “yitbos”?

[gloryblaze]

BINGO !!!!!

[GailA]

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
http://online.wsj.com/article/SB10001424052748703649004575437311393854940.html?mod=WSJ_Opinion_LEFTTopOpinion

Health law’s heavy impact by Paul Guppy (Taxes)
http://www.spokesman.com/stories/2010/mar/28/health-laws-heavy-impact/

Monthly premiums to rise for 7 of top 10 Medicare prescription plans in 2011
http://www.startribune.com/business/103642009.html?elr=KArks:DCiU1OiP:DiiUiacyKUnciatkEP7DhUr

Social Security: No 2011 increase expected (COLA)
http://money.cnn.com/2010/10/05/news/economy/Social_Security_cost_of_living_adjustment/index.htm

No Social Security COLA Expected For 2011 News Expected To Be Bad For Democrats
http://www.kptv.com/politics/25344443/detail.html

They forgot to add this to the “Rest of the Story”

http://www.politifact.com/truth-o-meter/statements/2010/jan/22/chain-email/chain-e-mail-says-congress-raised-own-salaries-whi/

Harvard Pilgrim cancels Medicare Advantage plan
http://www.boston.com/business/healthcare/articles/2010/09/28/harvard_pilgrim_

Seniors’ coverage options dwindle as Medicare Advantage programs close shop
http://www.dallasnews.com/sharedcontent/dws/bus/stories/DN-advantage_22bus.ART.State.Edition1.3c912a9.html

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!
http://www.nypost.com/p/news/local/manhattan/bamcare_has_just_made_me_icker_c1dBRZ6M3yuH27rAVnLsvN

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
http://www.investors.com/NewsAndAnalysis/Article.aspx?id=517004

Principal To Cut Jobs, End Med Insurance Business
http://www.kcci.com/money/25224059/detail.html

Obama: We knew health costs would go up
http://thehill.com/blogs/healthwatch/health-reform-implementation/118079-obama-we-knew-health-costs-would-go-up

[Nachum]

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.

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.