+ Reply to Thread
+ Post New Thread
Page 18 of 19 FirstFirst ... 8141516171819 LastLast
Results 171 to 180 of 184

Thread: The U.S healthcare fiasco

  1. Default

    Quote Originally Posted by lynnlynn View Post
    BC/BS provides insurance in every state, Aetna, United Healthcare, Humana, and others also do business in multiple states. They are doing business across state lines however the consumer is limited to purchasing their policy in their home state since rates are determined by zip code plus the network is limited by those providers of care who contract with them in that state only.
    and do you consider this a free market?

  2. Default

    Quote Originally Posted by thinkitout View Post
    Do you advocate universal coverage paid for by taxes, or individual contributions with no mandate?
    That is a very good question since our taxes has not been used responsibly or with the highest level of integrity. Individual contributions with no mandate will not work either if it is not structured properly and again with the highest level of integrity and accountability. We need massive change to how healthcare is delivered first to eliminate waste in cost and administration before we can tackle how it is to be financed that will cover everyone.

    I would like to see the medical community get more involved in coming up with ideas that would allow medical care to be affordable for everyone. I would like to see the entire insurance industry be eliminated from our healthcare system since expensive premiums combined with high deductibles renders their policy worthless to the consumer except with a catastrophic illness or injury. We can do better with handling those problems.

    If the government must run this then I think Medicare for the entire population with a new law that any surplus money paid into this system cannot be used for anything else but healthcare. We should eliminate employers from having to provide coverage since it ultimately discriminates from hiring the older worker. There are many ways to restructure the entire system that would make it affordable.

    The problem is since our economy has been stripped with the only one growing is the health sector, it won't be easy to change it since so many people are employed in this sector. Politicians depend heavily on political donations from our health industry where those donations allow the money flow going to people that are not involved in providing healthcare. CEO's of insurance companies and hospitals, their goal is to please the stock holders. We have large monopolies that is eliminating competition and it will get worse if the big 5 major health companies are allowed to merge with each other.

  3. Likes thinkitout liked this post
  4. Default

    Quote Originally Posted by Mike12 View Post
    and do you consider this a free market?
    Yes it's free. Laws do not prevent marketing insurance across state lines. Insurance companies restrict themselves in this because they cannot logistically structure a PPO in every other state. Hence they cannot offer insurance with approved providers in other states so they keep those operations within their own state.
    "Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Benito Mussolini

  5. Default

    Quote Originally Posted by lynnlynn View Post
    If the government must run this then I think Medicare for the entire population with a new law that any surplus money paid into this system cannot be used for anything else but healthcare.
    Isn't that what we have? Money has poured into the Trust Fund, far more in years gone by than now, and the money was invested in Treasury securities. Those securities remain in the Trust Fund earmarked only for use in Medicare expenses.

    How is your idea different?
    "Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Benito Mussolini

  6. Default

    Quote Originally Posted by Kode View Post
    Isn't that what we have? Money has poured into the Trust Fund, far more in years gone by than now, and the money was invested in Treasury securities. Those securities remain in the Trust Fund earmarked only for use in Medicare expenses.

    How is your idea different?
    A treasury security isn't that just a piece of paper like an IOU with earned interest? The cash surplus (tax payer money) was used for other government expenses that had nothing to do with healthcare. How our those securities cashed in and where does this cash come from?

    The government has borrowed close to 5 trillion (cash) from the public funds and replaced them with treasury security notes. It is nothing more than an IOU note. In order to make good on these notes, the funding has to come from the tax payers to replace those notes with cash.
    Last edited by lynnlynn; Jan 11 2017 at 10:21 AM.

  7. Default

    Quote Originally Posted by Mike12 View Post
    and do you consider this a free market?
    If you consider monopolies a free market.

  8. Default

    Quote Originally Posted by Mike12 View Post
    and do you consider this a free market?
    yes. Premiums are based on claims history in a particular area. How does it make sense to live in the highest claim frequency zone, but purchase a policy with premiums based on the lowest claim frequency zone?

  9. #178

    Default

    Quote Originally Posted by lynnlynn View Post
    That is a very good question since our taxes has not been used responsibly or with the highest level of integrity. Individual contributions with no mandate will not work either if it is not structured properly and again with the highest level of integrity and accountability. We need massive change to how healthcare is delivered first to eliminate waste in cost and administration before we can tackle how it is to be financed that will cover everyone.

    I would like to see the medical community get more involved in coming up with ideas that would allow medical care to be affordable for everyone. I would like to see the entire insurance industry be eliminated from our healthcare system since expensive premiums combined with high deductibles renders their policy worthless to the consumer except with a catastrophic illness or injury. We can do better with handling those problems.

    If the government must run this then I think Medicare for the entire population with a new law that any surplus money paid into this system cannot be used for anything else but healthcare. We should eliminate employers from having to provide coverage since it ultimately discriminates from hiring the older worker. There are many ways to restructure the entire system that would make it affordable.

    The problem is since our economy has been stripped with the only one growing is the health sector, it won't be easy to change it since so many people are employed in this sector. Politicians depend heavily on political donations from our health industry where those donations allow the money flow going to people that are not involved in providing healthcare. CEO's of insurance companies and hospitals, their goal is to please the stock holders. We have large monopolies that is eliminating competition and it will get worse if the big 5 major health companies are allowed to merge with each other.
    Medicare has been vilified by its detractors as "socialized medicine", but it is much more cost-effective, and in the 3 years I have had it, I have not encountered ANY of the predicted disadvantages.

  10. Default

    Quote Originally Posted by lynnlynn View Post
    A treasury security isn't that just a piece of paper like an IOU with earned interest?
    No, it is nothing like an IOU. Research the characteristics of IOUs. U.S. Treasuries are recognized around the world as the safest of investments. Pension funds, managed investment funds, financial planners, chartered financial consultants and wealthy individual investors trust them as the safest way to protect principle and to earn interest. But I have often asked those who criticize the Treasuries in the Trust Funds as "IOUs" to suggest an alternative investment that would be better. No one has offered such an investment, so I ask you for your alternative.


    The cash surplus (tax payer money) was used for other government expenses that had nothing to do with healthcare. How our those securities cashed in and where does this cash come from?
    That is neither the responsibility nor legal concern of the Medicare system nor the Trust Fund. Once the taxpayer revenue is invested in Treasuries, the investment is complete and the use of the money received by the government is then the responsibility of only the government including the question of how to repay it. And the government has a system for such redemption and it does not change the national debt nor does it require taxpayers to face added expense. An equal value of Treasury bills are sold in the open market, mostly to foreign investors at times, in order to raise money to redeem the Trust Fund Treasuries. This keeps the debt as it was and simply moves the obligation from one owed to the Trust Fund to one owed to individuals. So the question is then more clearly how that debt to individuals will be paid off one day but the Trust Fund is no longer owed for that debt.


    The government has borrowed close to 5 trillion (cash) from the public funds and replaced them with treasury security notes. It is nothing more than an IOU note.
    The characterization of the Treasuries as an "IOU" is always and only a right wing disinformation strategy. There is no similarity to IOUs which are also recognized by law. Look into it and stop acting as a mouthpiece for right wing distortions and propaganda.
    "Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Benito Mussolini

  11. Default

    Quote Originally Posted by Kode View Post
    Yes it's free. Laws do not prevent marketing insurance across state lines. Insurance companies restrict themselves in this because they cannot logistically structure a PPO in every other state. Hence they cannot offer insurance with approved providers in other states so they keep those operations within their own state.
    When you say 'they cannot', who is stopping them from offering insurance with approved providers in other states?

+ Reply to Thread
+ Post New Thread
Page 18 of 19 FirstFirst ... 8141516171819 LastLast

Similar Threads

  1. question about the VA and healthcare
    By tsuke in forum Political Opinions & Beliefs
    Replies: 14
    Last Post: May 29 2016, 06:47 PM
  2. Replies: 12
    Last Post: Oct 16 2014, 05:06 PM
  3. Fox News: Hammering the Security of Healthcare.com
    By FAHayekowski in forum Current Events
    Replies: 12
    Last Post: Jan 20 2014, 10:35 AM
  4. Hiding the Hacking at HealthCare.gov
    By Professor Peabody in forum Current Events
    Replies: 76
    Last Post: Dec 26 2013, 02:48 PM

Tags for this Thread

Bookmarks

Bookmarks