Like, you’ve got until 2010 to fix it, then you’re fired…
By Jack E. Lohman
So, President Obama plans to reward the insurance industry by mandating that every American purchase health insurance, and if they can’t afford it, the taxpayers will pay for subsidies. Wow!!!
There’s a couple of things very wrong with that:
- First, the insurance industry loves it, which automatically means it has to be bad for the public. The government plans to mandate that 100% of the non-Medicare population buy their product, or you are fined by the IRS.
- It’s also wrong because the insurance bureaucracy must be eliminated, not expanded and subsidized. They drain 20% of our healthcare dollars simply for being a very willing middleman. Add the costs for extra clinic and hospital billing personnel and it’s 31% of combined waste.
- All of that said, the politicians love the cash flow in the current system, and with this they continue getting a piece of the action. They now get a share of the health care dollar, through campaign contributions, and this ensures their cash rewards moving forward. Eliminate the insurance industry and you eliminate the political cash, and they don’t like it a bit.
But wait. Congress wants to threaten the industry with a “trigger.” You know, if things don’t work out as planned, say, in three years, they are going to pull this trigger by implementing a public option.
Are they scared, or what? You’ve got to give it to the industry for that idea. That adds three years of same-old same-old, raking in the profits while they think of a new strategy three years down the road. It’s called “buying time.”
We need a trigger, alright, but it needs to be applied to our politicians. Either fix the system by 2010 or you’re outta here!
I’ve vacillated on term limits, but now believe they are the only thing that will get this nation back on track. We need significant election reform — public funding of campaigns and instant runoff voting — and our current jokers (sorry, politicians) are not inclined to fix a system that gives them a 95% likelihood of re-election.
What a great system we have here. You can be sure of one thing; the public will not win this battle.
— I would have loved mandates when I owned my business. I sure know where my future investments are going if this goes through.
— As to penalties employers are required to pay if they don’t offer insurance to their employees, all they’d have to do is have their employees resign and become independent contractors responsible for their own insurance. They could even pay them 5% more and come out ahead.
— Can you imagine this? Senator Susan Collins (R-ME) complained of widespread corruption in Afghanistan as a reason for their many problems. Uh, Senator, how about the widespread corruption in the U.S. Congress? Has that caused any of our problems?
— I am tired of giving tax breaks to 501(c)(3) corporations without knowing who really is behind them, and having them lobbying against the taxpayer’s and nation’s best interests. Thus I support mandatory disclosure of the top 20 contributors of every non-profit, and if those contributors are nonprofits, disclosure there as well. If they are for-profit contributors giving to a nonprofit we deserve to know who their top shareholders are too. Yea it’s going to affect some groups I support, but it has to be done.
— The big question is whether our bought-off politicians will do anything about it.