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The Crony Capitalists in Big Pharma and Insurance started Obamacare under the guise of helping people.
They needed stealth bailouts because they would have needed to take paycuts in this globalist utopia where many Americans are having to take paycuts and can't afford their highway robbery prices anymore.
So their brilliant solution is make everyone pitch in to prop these maggots up
Switzerland has a private insurance mandate , birth- death. Every adult pays the same premium. This includes the elderly because the Swiss do not have the equivekent of Medicare and by law, insurers cannot discriminate by age. Insurers are not allowed to profit off the sale of basic mandated insurance. Subsidiaries/ affiliates of US insures participate in the Swiss insurance healthcare market.
The rest of the developed world has universial healthcare. Governments negotiate the price of prescription meds, many of which are owned by Big Pharma. The largest payer of prescription meds in the US is Medicare. Congress twice, since 2001, denied Medicare the authority to negotiate the price of prescription meds.
Congress tends to not bite the wallets that feed them.
Individual policy owners do not get a refund based on what the individual has cost, if the total spent by the insurance company for all policies does not exceed 80% then all policies holders get a refund.
On the flip side if they are above the 80% threshold they will be asking for premiums to be raised such as they are doing here.
Switzerland has a private insurance mandate , birth- death. Every adult pays the same premium. This includes the elderly because the Swiss do not have the equivekent of Medicare and by law, insurers cannot discriminate by age. Insurers are not allowed to profit off the sale of basic mandated insurance. Subsidiaries/ affiliates of US insures participate in the Swiss insurance healthcare market.
The rest of the developed world has universial healthcare. Governments negotiate the price of prescription meds, many of which are owned by Big Pharma. The largest payer of prescription meds in the US is Medicare. Congress twice, since 2001, denied Medicare the authority to negotiate the price of prescription meds.
Congress tends to not bite the wallets that feed them.
Why? Because they fear them more than us. What will be the turn over in Congress? A small percentage.
When one side screws up it's always "well the other side is no better". Quit thinking only two sides. Quit defending something that is wrong, period.
Yes, the (D)'s did something but they did something that in no way fixes any problems we have. Could the (R)'s help make it better now? Yes, they could and no they won't because in part it would take doing things neither party is interested in doing.
Quit voting for them.
Germany's universal multi- payer healthcare system is 132 years old. It is living legislation and is amended on an annual basis and periodically reformed.
My read on this you are about 75% right - it is working as designed and SS is next - but not for the bankers.
Once the ACA completely destroys the health insurance market (which, according to ACA architect Zeke Emanual, is what is was designed to do) the government will have to step in and create a federal health service. This new program will wrap Medicare, Medicaid and Social Security all together.
There is already a term for it in the back hallways of congressional office buildings: "Medicare-like."
Watch for that term over the next four or five years to be used more frequently, and more publicly.
Social Security has nothing to do with healthcare. Who, what, when, where and how would " Medicare- like" be achieved?
Germany's universal multi- payer healthcare system is 132 years old. It is living legislation and is amended on an annual basis and periodically reformed.
Germany doesn't have the same problem with fraud that the US does.
If the US created a ''single payer'' system, the leeches wouldn't pay a dime into it and would set up businesses to defraud it.
Individual policy owners do not get a refund based on what the individual has cost, if the total spent by the insurance company for all policies does not exceed 80% then all policies holders get a refund.
On the flip side if they are above the 80% threshold they will be asking for premiums to be raised such as they are doing here.
2 years ago I got a refund $3. and change.
Last year my premiums increased by 93%.
In November I should find out what this next year's damages will increase to.
Insurance always went up but not as often and not nearly as much.
Germany doesn't have the same problem with fraud that the US does.
If the US created a ''single payer'' system, the leeches wouldn't pay a dime into it and would set up businesses to defraud it.
The biggest Medicare fraudsters have been healthcare providers, hospital systems, physicians and Cancer Treatment Centers.
FBI estimates 3-10% of Medicare claims are fraudulent. Interestingly, it's the same range used by German authorities as it relates to their healthcare system.
Social Security has nothing to do with healthcare. Who, what, when, where and how would " Medicare- like" be achieved?
It all goes back to funding.
Medicare is the most successful health program the government has. (Compare it to Medicaid - rife with fraud and inefficiency; VA - enough said; and Tricare - soon to be dispatched.) So when there is no longer a suitable funding source for medical care, the government will have to step in and fund it. The current thinking in the hallways where the staffers lurk is to create something that is as successful as Medicare. Hence, the term "Medicare-like," and creating it has become the goal. As I hear it, they are working on a plan that will amass all of the government health programs into one "Medicare-like" program. Think - maybe ten years down the road.
The problem is that there is no money to fund it. (The ACA came in just under a trillion for entirely political reasons, but how they managed that is a different history lesson). On paper, the SS retirement fund is one of two pools of money that exist today. (The other one is all of the privately held IRAs - also a different lesson.) Because the SS retirement fund has money on the books, it can be tapped to provide those things that Congress wants us all to have - like health care on the government dime.
Problem is twofold: One: the SS retirement fund's books are filled with "IOUs" from congress, not actual dollars. But on paper, both are booked as assets, so they are indistinguishable to the public. Two: The SS retirement fund has already been tapped to supplement the SS disability fund, which ran out of money a couple months ago. That makes the SS retirement fund smaller, and thus not able to pay as much.
Based on my 30 years in the federal government - the last 17 directly in the health business, my guess is that the remaining SS retirement funds will be involved in the funding mechanism of whatever "Medicare-like" universal program is developed.
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