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Whether Obamacare is better or worse than what we had before is unclear. We'll find out in the coming months, I guess.
Edit: to make this somewhat NYC-specific...out of curiosity I priced some plans w/ federal subsidies at various income levels and concluded that the federal subsidies are simply not adequate in New York because of our cost of living. Also, the plans seem quite expensive, to me anyway.
I chose single payer because of equity and costs. The Total Health Care budget of the United States in about $2.6 TRILLION per year.
The government delivers health care via Medicare and VA at an overhead cost of about 3%. Insurance companies have traditionally used about 28% of the pie as profits, advertising, duplicated billing departments, staffs of lawyers. etc.
Getting rid of that 25% differential would cut the cost of our annual health bill by $650 BILLION per year. This single savings could go a long way towards diminishing our endless stream of deficits. Why should we be so willing to dump all this money into the pockets of Aetna, Allstate, Oxford, and Blue Cross?
Not in NYC, but up here Obamacare isn't really changing much. It's similar to what we already have.
Not true at all. I have numerous friends who have had their work hours slashed from 40 to 29 per week. Btw 2/3 work for universities. Their losing an avg of about 10K a year.
Well, at least the ACA is trying to fix a royally f***** up system. We're supposed to be a developed country but there are so many things that are embarrassingly "third world" in America. What a shame!
Well, at least the ACA is trying to fix a royally f***** up system. We're supposed to be a developed country but there are so many things that are embarrassingly "third world" in America. What a shame!
ACA isn't fixing something for people who were happy with the present system. Now people who were PROMISED that they could keep their plans and current Dr's CANNOT. Actually that number is 19 million counting. If your poor or "worked Off the books" then you hit another great entitlement. if you work it's plain and simple. You WILL pay more. Once again Congress and Obama himself are exempt from the very care that they jammed down the Americans throats.
Last edited by Norwood Boy; 10-31-2013 at 10:18 AM..
To all who like single payor... if the federal government can't even roll out Obamacare effectively, do you honestly think they can handle an even more massive single payor system?
Even medicare will be insolvent in a few years. Medicaid is a total clusterF (I'm a doctor and I'm glad I refuse it).
To all who like single payor... if the federal government can't even roll out Obamacare effectively, do you honestly think they can handle an even more massive single payor system?
Even medicare will be insolvent in a few years. Medicaid is a total clusterF (I'm a doctor and I'm glad I refuse it).
The federal government is not the answer.
Yep...Medicare runs very well. With universal Medicare, there would be no need for Medicaid.
The Federal government runs these huge insurance plans very cheaply but the private insurers charge an immense overhead.
Medicare will not be insolvent any quicker than the military budget which goes insolvent until the next pile of tax money is allocated in a couple months.
Why not compare apples with apples...a 3% tax on all income to pay for DEFENSE? Then we can see whether or nor not Medicare is more or less bankrupting than endless war preparation.
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