Quote:
Originally Posted by mikehkang
 
One at a time guys one at a time.
@brp987
"You actually believe that a bankrupt government will actually be able to follow through in providing unlimited care for all? Or that insurance co.s can exist as going concerns when saddled with unlimited costs w/o driving rates through the roof - Obama or no?"
No. I don't expect anything from the government. I have had a private insurance that I paid for all my adult life. However, after watching "Sicko", I came to realization that having a private insurance, would not protect me if I became too ill. If you have not watched the movie, see it. Let's discuss.
One way to not saddle an insurance company with unlimited cost would be to have a single payer system. While I am open to that idea, I understand that that option is too "socialistic" for many of us. I get that. Hence, I think the Obamacare is a reasonable compromise. If we were/are able to spend $5 billion a week on two wars, can we not spend a fraction of that money for our healthcare? I worry about our government going bankrupt too. Hence my suggestion of taxing any corporation doing business in USA to pay our corporate tax rate on their global profit.
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Inclosing, I want to share with you guys something I read recently. I read that the Medicare's admin costs are 3%, far below 30% average admin costs of private insurers. I need to study if those numbers are true. "IF" this is true, are we f@#$ing stupid? Why aren't EVERYONE under Medicare? Is there a doctor in the house who can opine?
Disclaimer: I am sure I have made a ton of mistakes writing above. I will edit without changing my meaning. Thanks for understanding.
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Mike, I work for the government and I can assure that gov has nothing to offer the likes of Kaiser, Blue Cross, etc in terms administrative efficiency. Much of the cost of medicare admin is by those who draw their salaries from other depts. I'm not a doc, but you should read Sally Pipes"The truth about obamacare". 1/3 of docs do not accept medicare patients due to low reimbursement rates. The reimbursement rates are due to be further cut in the near future. On top of that, obamacare throws millions more on medicare to be funded by states that cannot afford it and are suing to get out.
As for the $5 billion/week spent on the wars, you must know that the US has run trillion $ deficits each of the last 4 years. It's been borrowed. Worse, it's been counterfeited by the Fed thru treasury purchases. You should read "The creature from Jekyll Island" which begins: "What is the Federal Reserve? The answer may surprise you. It's not federal, and there are no reserves. Further, the federal reserve banks are not banks."
Finally, who is this mysterious deep pocketed "single payer" who will fund unlimited healthcare costs? It's not the gov. It's not the ins cos. It's not you. Who!? It is a mirage.