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The companies that sell health insurance make billions of dollars and they only have to insure the young.
Medicare insures the geriatic population.
From an actuary point of view this is a deal made in heaven! It is no wonder the Health Care industry is in the pockets of Congress. Donald Trump is RIGHT!
The private health insurance industry has a gravy train since they only insure the young whereas the US government has to insure the OLD which will use a LOT of health care.
Every advanced industrialized European country has a "Medicare type plan" that covers ALL people. Here in America such plan only exists for the old.
What a scam!
And the low-middle class republicans defend this sort of travesty!
It's not just a scam, but a sweetheart deal for the insurance companies. They made fortunes, and not small ones either, off of the health care law.
All health insurance companies do is handle the money. They collect money from the patients and pay the hospitals and health care providers. The surplus is pure profit and they do not provide any health care!
And they make more money by raising insurance premiums and denying care to the patients. And the American people are OK with that! And they have zillions of "gotcha" hidden rules to make the patients pay out of pocket or deny care.
In Europe health care is like an utility. Folks have electricity, running water, and health care. It is a given by simply being a citizen.
Not to mention deductibles that are unaffordable to the average person on the ACA. What good is healthcare if you can't afford the deductible? You can't use the healthcare. You still pay your premium though, so you don't have to pay the fine. The fleecing of America is alive and well.
It's not just a scam it is a criminal and unconstitutional tax upon the People supported by the criminals in the Supreme Court.
And the only thing Health Insurance companies do is handle the money. They provide ZERO health care. And these companies have bought all politicians in Washington DC. And as Trump says: These politicians will be faithful to the folks that donate money.
What a scam! This is crony capitalism where no wealth is created. They simply take money from people. And Republicans defend this system like sheep following sheep!
It is a scam, my parents were paying for around $20k/year for their health insurance because of pre-existing condition. They got a letter saying they will not renew our insurance because they are leaving the state, so all that money being invested into them, out the drain. Thankfully, nothing bad happened to them otherwise they would have been out of luck. My dad was fine getting insurance again, but my mom couldn't get insured until Obamacare came. They both have medicare now at least. I like when Trump said a big problem is having borders for insurance companies because it creates monopolies.
This is what happens when we have healthcare be a for profit industry.
But, these folks do not provide health care!
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