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The $900 billion is essentially just government subsidies: Healthcare's gotten THAT expensive. Joel Send a noteboard - 23/03/2010 06:23:01 AM
Which is my real beef with this bill: It does NOTHING to mitigate that unless one thinks the state by state insurance exchanges will do more than replace many monopolies with collusion. The modification to the just passed bill scheduled for a Senate vote this week (through budget reconciliation, which is to say, unable to be filibustered) introduces federal regulation of rate hikes, but that afterthought is the only thing aimed at high costs still rising at an alarming annual rate. 300 million Americans will still be legally required to BUY insurance, however; the subsidies will (theoretically) make that possible for families earning <$88,000/year, at a taxpayer cost of $900 billion, but that simply means the insurance industry is GUARANTEED $900 billion in revenue PLUS whatever it costs those without insurance but ineligible for subsidies. Guaranteeing a ravenous private industry well over a trillion dollars won't motivate them to reduce costs or slow their growth much. This bill doesn't "give" anyone health insurance, it MAKES them purchase it, regardless of cost. No one can be denied insurance outright, but they can be priced out of the market--except they no longer have the option of simply not buying overpriced insurance.

That's the irony of Obamacare: The very people most critical of it (the insurance lobby) will benefit the most, and its most vocal supporters (supposed far left liberals) get the exact opposite of what they say they want. It's not universal healthcare or socialized medicine, it's corporate welfare for the last industry on Earth that needs it. But Obama and the Dems can go to the midterms declaring victory, and that's really all that matters, right? :rolleyes:
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Obamacare: Explained? - 22/03/2010 07:21:44 PM 672 Views
Someone had a good link earlier... - 22/03/2010 07:32:36 PM 514 Views
Thanks - 23/03/2010 03:48:04 AM 294 Views
What the bill does, and when each part gets implemented - 22/03/2010 07:42:26 PM 585 Views
This is wonderful thank you. I've already picked my favorite. - 22/03/2010 07:47:59 PM 333 Views
Fear, uncertainty, and doubt - 22/03/2010 07:52:29 PM 371 Views
this is why I believe in dictatorships - 22/03/2010 08:05:14 PM 317 Views
It's all populism, really - 23/03/2010 03:51:31 AM 311 Views
OOoo I like that idea. - 23/03/2010 04:20:48 AM 319 Views
Re: OOoo I like that idea. - 23/03/2010 03:01:08 PM 318 Views
Senators don't constantly campaign though. - 23/03/2010 04:20:51 PM 304 Views
I don't think that's the point though... - 23/03/2010 09:35:29 PM 336 Views
At one point some of the concerns were valid. - 23/03/2010 06:03:29 AM 493 Views
Re: At one point some of the concerns were valid. - 23/03/2010 03:05:58 PM 383 Views
We can't pay for the subsidies; even after the tax hike they increase debt in the short term. - 23/03/2010 04:12:14 PM 411 Views
Re: We can't pay for the subsidies; even after the tax hike they increase debt in the short term. - 23/03/2010 09:40:53 PM 412 Views
Can't find that link in this thread, but the CBO seems to agree with you, not me. - 23/03/2010 11:47:29 PM 621 Views
I don't agree - 24/03/2010 08:52:12 PM 408 Views
"Free market" is a VERY big phrase. - 25/03/2010 07:32:06 AM 316 Views
Re: "Free market" is a VERY big phrase. - 25/03/2010 10:31:13 PM 438 Views
I'm not sure competition is a primary goal of capitalism. - 29/03/2010 12:14:06 PM 416 Views
Re: This is wonderful thank you. I've already picked my favorite. - 22/03/2010 08:04:50 PM 317 Views
Re: This is wonderful thank you. I've already picked my favorite. - 22/03/2010 08:07:39 PM 313 Views
Re: This is wonderful thank you. I've already picked my favorite. - 22/03/2010 08:28:10 PM 318 Views
ah yah. Fair enough. - 22/03/2010 10:01:41 PM 313 Views
The $900 billion is essentially just government subsidies: Healthcare's gotten THAT expensive. - 23/03/2010 06:23:01 AM 329 Views
you make it sound like this is the end-all bill. - 23/03/2010 12:01:20 PM 309 Views
I doubt we'll see another bill after the reconciliation bill. - 23/03/2010 02:05:59 PM 316 Views
I agree 100% - 23/03/2010 03:18:08 PM 315 Views
Too bad for America. - 23/03/2010 04:29:19 PM 346 Views
no, the "now or doomed" mindset is not why I'm willing to wait - 23/03/2010 03:23:21 PM 322 Views
Well, if you really are waiting for them to fix it later you'll wait a long time. - 23/03/2010 04:33:25 PM 293 Views
broken legs are not longer a good metaphor - 24/03/2010 12:33:14 AM 301 Views
Most people still understand what I mean. - 29/03/2010 01:16:35 PM 295 Views
Not surprising - 23/03/2010 10:37:25 PM 313 Views
Supposedly it's fixing part of that. - 23/03/2010 11:21:32 PM 314 Views
It's quite simple. - 23/03/2010 04:23:45 PM 371 Views
And what does government-run health care have to do with this bill? - 23/03/2010 04:25:28 PM 330 Views
You mean it is still - 23/03/2010 04:29:55 PM 322 Views

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