Posted on 01/13/2014 9:28:30 AM PST by Evil Slayer
Robert Laszewski—a prominent consultant to health insurance companies—recently wrote in a remarkably candid blog post that, while Obamacare is almost certain to cause insurance costs to skyrocket even higher than it already has, “insurers won’t be losing a lot of sleep over it.” How can this be? Because insurance companies won’t bear the cost of their own losses—at least not more than about a quarter of them. The other three-quarters will be borne by American taxpayers.
For some reason, President Obama hasn’t talked about this particular feature of his signature legislation. Indeed, it’s bad enough that Obamacare is projected by the Congressional Budget Office to funnel $1,071,000,000,000.00 (that’s $1.071 trillion) over the next decade (2014 to 2023) from American taxpayers, through Washington, to health insurance companies. It’s even worse that Obamacare is trying to coerce Americans into buying those same insurers’ product (although there are escape routes). It’s almost unbelievable that it will also subsidize those same insurers’ losses.
(Excerpt) Read more at weeklystandard.com ...
I am Jack’s total lack of surprise.
The health sharing ministries beckon! Owebamacare exempt!
http://www.freerepublic.com/focus/f-bloggers/3105492/posts
works for me
Maybe the insurance companies should have a gun to their heads like the American citizen does with this POS law.
I don’t complain about the medical care I receive. I am grateful for it. And I participate because I would be dead if I didn’t. Your way of thinking, on the other hand, does not register on my scale as normal. Everything is not black or white or not at all. Real life is full of shades of gray with choices you have to make in between these extremes of the spectrum. Your bizarre way of looking at this issue is proof enough that there is only one person in this conversation that needs to see somebody for the “conflict” the medical system gives them. And its not me.
You’re entitled to your own opinion but I don’t have to accept your irrational, abnormal viewpoint. People who “participate” in life are not conflicted. Only those, like yourself, that choose not to, are.
Everyone in any industry, including the medical industry, do not expect to make a lot of money. Most people are good at their jobs and want to help others, as well as be successful in their careers. This country runs on millions of individuals trying to do their best to perform their jobs well and to be successful at it and get a ahead over time. Most that do, earn a good living doing it. There are always exceptions but they are just that, the exceptions, not the norm.
What industry do you work in where people don’t aspire to be good and/or successful and make good money? The reason medical care, housing, tuition, cars, etc. are so much more expensive today versus fifty years ago is due mainly to the inflation of our currency. The dollar becomes worth less and less over time and the number of dollars required to buy things keep getting larger over time.
And, I agree, government intervention in the private sector is responsible for most inflation and industries that don’t run efficiently with the government in their pockets. Overbearing government involvement and meddling in the private sector, is the cause of most ills in this country. But we have to deal the hand dealt to us until we can deal ourselves a better hand. You don’t avoid seeking medical care because you don’t like the system. Life is not that easy for most people.
Alot of money compared with the nuns of, say. eighty years ago, and even the small town GP of the same time. That’s because there is so more more money in the system. Sio maybe I should have said everyone thinks that lots of money is available. A good heart surgeon makes more in one year than my family doctor did in his whole career, and my doctor did well enough for a country boy, But money is a part of medicine just as it is in religion, where those “on top” can manage to live like dukes, however pure their hearts may remain. I also remember a talk I had with him, when I was about 14 and he was trying to persuade me to become a doctor, that no one worth his salt at any table if his only concern, or even his chief concern was about money. But there it is, lying there on the ground. like a heap of bananas in front of a bunch of chimps, and so often they can never get enough of the stuff.
You sound like someone jealous of people who make lots of money. I don’t begrudge anyone who is either wealthy or working to achieve wealth and success. It used to be what people aspired to in this country. But now the liberals make it sound like something bad. Maybe you could jump on the bandwagon for Obama’s latest distraction that he says he will focus on like a laser....income inequality. That way instead of rich and poor, everyone could be equally poor (except for the elite liberals, of course). Instead of equal opportunity to get ahead, we could just give up and go for the redistribution of wealth from those that have to it those that don’t, like yourself. Its called communism.
My doctor told me that wealth will always attract the mercenary. The fact is that people will pay any price to keep their health and save their lives. There is no more valuable thing on earth than one’s life. If doctors grow wealthy, if the practice of medicine creates great wealth, then it will attract also the power-hungry politician. He will want to control both the wealth and the source of the wealth. A professional class that stand between him and his political clientele is one whose independence he will seek to diminish and to serve his interest.
Well, no sh*t Sherlock. You needed your doctor to teach you that? Tell me something I don’t already know.
This society is a capitalist, free enterprise system where everyone, even the poorest, have an opportunities to make it if they want it bad enough. Its not free, its not easy and it sure as hell aint’ equal. But name me any system in the world that’s better at giving its citizens the opportunity to get ahead as much as the next guy. Name just one. You can’t because there are none. This is not about equal outcomes. Its about equal opportunity. The problem with most folks, especially those that don’t achieve, is that they don’t want to work hard or do without to get ahead. They want everything now and resent the rich because they have what they themselves want but don’t have the fire in their belly to go after. They give up focusing on their goals and only see the obstacles in the way.
Instead of denigrating the wealthy, you should be admiring them. Most people look up to them and aspire to be them. I don’t know anyone except losers who aspire to be poor. Wealth will always attract those wanting some of it. Its the way the world turns. If you hate politicians, well join the crowd. Stand in line. They get rich off the backs of the taxpayers without working for it. But private sector people gets theirs from their own efforts. If you don’t like this system, move to that country that has a better one. When I was in college, we always said about America. “Love it or leave it.”
bfl
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