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?
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?
Honorbound and honored to be Bonded to Mahtaliel Sedai
Last First in wotmania Chat
Slightly better than chocolate.
Love still can't be coerced.
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Last First in wotmania Chat
Slightly better than chocolate.
Love still can't be coerced.
Please Don't Eat the Newbies!
LoL. Be well, RAFOlk.
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
They don't, or at least not in this bill. That'll have to be a new bill.
23/03/2010 09:22:19 AM
- 315 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
To the extent the framers intended an elitist legislature, they erred, IMHO.
29/03/2010 01:43:34 PM
- 417 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: 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
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
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
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