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Help me understand. The House bill calls for a Govt owned Insurance company to compete with other health companies to drive down pricing & costs. Been trying to figure out all the good and bad logic.
Would this govt owned company be required to at least break even and be a non-profit company not dependent on taxpayer dollars ?
Would we be subsidizing the cost of the company and how would other insurance companies compete with a subsidy and stay in business ?
Would they pay discounted fixed price and cause those extra expenses to be shifted to non subsidized companies? Similar to Medicare.
How would any company compete with a govt run company?
If the Govt owned insurer was required to at least break even, I don't see how they could compete or achieve cost savings.
The way I see it is if we subsidize the govt owned insurance company we will put the others out of business and have less competition.
If we don't subsidize, they will not be competitive or achieve cost savings. So what am I missing ?
Help me understand. The House bill calls for a Govt owned Insurance company to compete with other health companies to drive down pricing & costs. Been trying to figure out all the good and bad logic.
Would this govt owned company be required to at least break even and be a non-profit company not dependent on taxpayer dollars ?
Would we be subsidizing the cost of the company and how would other insurance companies compete with a subsidy and stay in business ?
Would they pay discounted fixed price and cause those extra expenses to be shifted to non subsidized companies? Similar to Medicare.
How would any company compete with a govt run company?
If the Govt owned insurer was required to at least break even, I don't see how they could compete or achieve cost savings.
The way I see it is if we subsidize the govt owned insurance company we will put the others out of business and have less competition.
If we don't subsidize, they will not be competitive or achieve cost savings. So what am I missing ?
What is missing? Any semblance of both honesty and intelligence. This bill has neither.
The governamnt never competes withy privte companies because they do not make a profit but always show a loss.Even then they can do thingsa liie shift cost to another proigram liike medicaid that the current legislation all od. That shifts the actaul cost to sattes whiole showing that less is being spemt. The savings they claim in any bill has never actaully occurred and is another con game.Look at medicare and medicaid they have never cpompeted with private inurance ;are in fiancial problems and they set the rpice they pay providers which is under what insurtnace companies can negotiate.Once the governamnt moves in the privtes will slowly disappear and the finacnes of the governamnt prograsms wioll get to a crisis state and the service offered goes down hill.If the governamnt comoetes fairly it ends up like the postal service in bad service and losing money at the same time.Who pays ;the deep pockets of taxpayers and in this instqance unemployment and raising goods cost has comapnies raise their prices to pay cost.
Mohawkx, if you feel this way can you provide some insight into how the new insurance company would function ?
Don't bother, it is an extreme case of the blind leading the blind. Not only do the liberal politicians not care what the bill says but neither do their blind followers. Truly pathetic.
Sen. Bernie Sanders: The Fight for Better Health Care | Video | AlterNet (http://www.alternet.org/blogs/video/143494/health_care_reform_/?utm_source=feedblitz&utm_medium=FeedBlitzRss&utm_ campaign=alternet_blogs_video - broken link)
Put them out of business!
As Barney Fwank said, "the public option is the best way to get to single payer". Don't think for a second that most of the far lefties in Congress aren't trying to get single payer eventually. The objective of the public option is to create a single payer by making it unprofitable for the other insurance companies. As they fold, more people jump on the public option until it becomes the only option.
Help me understand. The House bill calls for a Govt owned Insurance company to compete with other health companies to drive down pricing & costs. Been trying to figure out all the good and bad logic.
Would this govt owned company be required to at least break even and be a non-profit company not dependent on taxpayer dollars ?
Would we be subsidizing the cost of the company and how would other insurance companies compete with a subsidy and stay in business ?
Would they pay discounted fixed price and cause those extra expenses to be shifted to non subsidized companies? Similar to Medicare.
How would any company compete with a govt run company?
If the Govt owned insurer was required to at least break even, I don't see how they could compete or achieve cost savings.
The way I see it is if we subsidize the govt owned insurance company we will put the others out of business and have less competition.
If we don't subsidize, they will not be competitive or achieve cost savings. So what am I missing ?
1. NO
2. YES/They can't
3. Yes
4. They can't
5. they won't
I don't know why citizens can see how the public option is a good thing.
The gov. spends tax payor money, they don't make money. the middle class is going to get nailed just like they always have been.
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