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[QUOTE]Originally posted by SeekingFreedom: [QB] Sorry for the delay, busy week. Big...look at the posts that you, Tex and Glass wrote in response to my questions... From Glass: [QUOTE]LOL.. why are the costs so high? because docotors have never been reigned in until now. ...... we are already paying alot SF, there is no evidence that we will pay more or less in the future... [/QUOTE]Nothing in this bill attempts to change this. In fact, the supposed Medicare\Medicaid payment reduction (that is supposed to happen each year [b]by law[/b]) gets overridden [i]every year[/i] by Congress. It is held over the medical community like a guillotine to keep them in line. Once the insurance companies are gone, do you really think that will change? From your own post: [QUOTE]Insurance is pooling resources to share risk and thereby average costs. In order for insurance to work correctly a maximum number of people from cross spectrum classifications should be involved. Our private insurance companies have decided they aren't interested in a working system anymore[/QUOTE]I was going to go into a huge schpiel pointing out the miskate in premise there, but Tex beat me to it. Tex: [QUOTE]yes and no. That is, they are not in business to create safe policies that benefit people. Insurance "products" are merely a way to gather capital to reinvest, to play the market.[/QUOTE]While perhaps more cynical than I would have put it, I don't dispute his evaluation. The insurance comapnies aren't in the business of providing affordable health care. That's a side effect of their business. Their 'job' is to raise capital to invest in [i]other[/i] profitable businesses. If you take that source of capital generation away by imposing artificial limits on premium increases (as this law has done), while increase capital drain via forcing them to pay for pre-exisiting condition folks; it is going to cause these companies to [b]leave the business[/b]. Make sure you understand this point clearly, Big. These companies will NOT sit around and let this law bleed them dry. They WILL pull up stake and move on leaving the American people with only two choices: pay the full cost of health care alone, or go on the government programs (medicare\medicaid or some new 'insurance' program run by Big G). [QUOTE] Private Insurance will never die as long as there are those with money who want more than the average bear.[/QUOTE]That only holds so long as the company has the [i]freedom[/i] to set their own inlays to offset their outlays. The law removes that freedom and, quite the opposite, imposes higher costs while [b]forbidding[/b] them to offset that increase. This WILL kill the private health insurance industry, Big. Any belief to the contrary is based on willful suspension of the accepted understanding of how business MUST operate to survive. Finally, one more except from Glass: [QUOTE]there's alot of stuff we can do to fix this mess... unfortunately alot of the fix really is socialism,(with a little S not a big s) and as a capitalist, i have a hard time trying to decide what's moral and what's not.. it will take awhile to fix the health care bill, but there's alot of opportunity there..[/QUOTE]General rule of thumb...destroying private industry is bad. Increasing government control (as opposed to establishing necessary oversight) is bad. Doing both and claiming it is [i]helping[/i] the public...is worse. :( [/QB][/QUOTE]
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