Hurry up public option!!

[bugscoe]

New Video Shows Obama Now Doing what he Accused McCain of Planning to Do on Health Care

<embed src="http://blip.tv/play/hJNRgbnQRgI%2Em4v" type="application/x-shockwave-flash" width="480" height="364" allowscriptaccess="always" allowfullscreen="true"></embed>

"Here is a new Naked Emperor News video that shows an attack Barack Obama made on Sen. John McCain during the 2008 Campaign for supposedly planning to cut Medicare and tax health benefits in order to pay for his Health Care Reform plan. In fact, the ad says, "Taxing Healthcare and Cutting Medicare Is Worst Way to Reform System."

Of course, that is precisely what Obama and the Democrats are now planning to do to pay for their Health Care Plan. The video has liberal Sen. Bernie Sanders admitting that taxing Health Care Benefits is in their plan."

 

[bigarrow]

Quote from Lucrum:

I heard the other day that the nation wide average profit margin for health insurers is about 4.5%. If true, do they really have any room for reductions?

If the private sector is so efficient and the government so innefficient, then why are the insurance companies so against letting people buy into the Medicare system?
Think about it, they are talking out of both sides of their mouh.

 

[Lucrum]

Quote from bigarrow:

If the private sector is so efficient and the government so innefficient, then why are the insurance companies so against letting people buy into the Medicare system?
Think about it, they are talking out of both sides of their mouh.

If they already have a slim profit margin. I can't imagine losing "customers" will improve it.

You actually believe our federal government to be efficient? Seriously.

 

[bigarrow]

Quote from Lucrum:

If they already have a slim profit margin. I can't imagine losing "customers" will improve it.

You actually believe our federal government to be efficient? Seriously.

If what the insurance cos say is true then they will not lose customers because their premiums will be less than Medicare premiums would be. Then why do they oppose Medicare buy in?
Give us the option, if the insurance companies are more efficient, better and cheaper than Medicare then they have nothing to worry about.

 

[Lucrum]

Quote from bigarrow:

If what the insurance cos say is true then they will not lose customers because their premiums will be less than Medicare premiums would be...

Is the "public option" not effectively subsidized?
If so, what business can compete with a government (money) printing press?

and

You actually believe our federal government to be efficient?

 

[bigarrow]

Quote from Lucrum:

Is the "public option" not effectively subsidized?
If so, what business can compete with a government (money) printing press?

and

You actually believe our federal government to be efficient?

give us the option of buying in unsubsidized.

Efficient, most of the time no . That doesn't matter, if we have the option of buying in unsubsidized we can make our own decisions if we want Medicare or private.

All this talk means nothing. Congress is unable to pass simple common sense rules and laws.
What I suggested in its simple form would work and would be party and cost neutral, just good workable common sense.

 

[Lucrum]

Quote from bigarrow:

give us the option of buying in unsubsidized.

Truly unsubsidized, I probably wouldn't be opposed to.

(Government) Efficient, most of the time no . That doesn't matter, if we have the option of buying in unsubsidized we can make our own decisions if we want Medicare or private.

It's the inefficiency that makes me worried when the feds get involved, in any way shape form or fashion.

All this talk means nothing. Congress is unable to pass simple common sense rules and laws...

No argument from me here.

 

[PiggyBank]

Quote from bigarrow:

If what the insurance cos say is true then they will not lose customers because their premiums will be less than Medicare premiums would be. Then why do they oppose Medicare buy in?
Give us the option, if the insurance companies are more efficient, better and cheaper than Medicare then they have nothing to worry about.

Why are you assuming private companies can compete with the government? The problem with the public "option" is that it is not an option at all. It will force everyone to buy health insurance or be punished monetarily (which is ironic), or with jail time.

Health insurance was created for catastophic events which most people can't afford, not for every little ache and pain. So like I have posted previously, I think the focus should be on catastrophic costs and not every health care need, which should be paid out of pocket.

 

[Free Thinker]

Quote from Lucrum:

I heard the other day that the nation wide average profit margin for health insurers is about 4.5%. If true, do they really have any room for reductions?

private health insurers may only have a 4.5% profit margin but they burn up 31% of health care premiums in overhead administration costs.

Administrative Costs 1969-1999

The administrative structure of the U.S. health care system consumes a large share of health spending. In 1999, administrative spending consumed at least 31.0 percent of health spending, according to a report in today's New England Journal of Medicine.In contrast, administrative costs in Canada, which has had a national health program since 1971, are about 16.7% of health spending.
http://www.medicalnewstoday.com/articles/8800.php

 

[bugscoe]

Quote from vhehn:

private health insurers may only have a 4.5% profit margin but they burn up 31% of health care premiums in overhead administration costs.

Administrative Costs 1969-1999

The administrative structure of the U.S. health care system consumes a large share of health spending. In 1999, administrative spending consumed at least 31.0 percent of health spending, according to a report in today's New England Journal of Medicine.In contrast, administrative costs in Canada, which has had a national health program since 1971, are about 16.7% of health spending.
http://www.medicalnewstoday.com/articles/8800.php

And just how is adding 30 million more people to the system going to reduce administrative burdens for either the gov or private?

And please don't tell us you believe the government is a well oiled administrative machine.

I'm good friends with a woman who is the health and benefits director for a major company. She says the administrative burdens of Obamacare would kill their employer provided health care for all her employees.

But after all, that is the end game these power hungry dictators are after.