Sunday, November 22, 2009
If it says "affordable", its got to be good!
Not having health insurance does NOT constitute a crisis. Any person in this country, for any reason, can receive health care regardless of ability to pay. And simply because this piece of legislative diarrhea contains the term "Affordable", what makes people believe that cost will ever go down?
Insurance is nothing but risk management. It works by having many healthy people pay into the system to cover the few sick people who take out of the system. Should this travesty be allowed to occur, you can be certain this will change. Since nobody can be turned down, a sick person can buy a policy at the same price as a healthy person.
Healthy people will decline coverage, and simply pay the penalty at tax time, a fraction of the cost of a decent policy. If they get sick, they will go buy a policy, then check into the hospital. Employers will drop their group plans, since "qualifying" plans cost much more than the penalty.
Insurance providers, who we all know are greedy trolls who are driven purely by the pursuit of profit, will no longer sell policies. They cannot possibly maintain a margin of profit that their shareholders will accept, and will simply follow some other path to satisfy their greed.
The end result is that only sick people will purchase "insurance", and it will be only sold by our government's "public option". Insurance will no longer be a risk management tool, but simply a revolving finance plan. Simple economic principals dictate that expenditures will rise, revenues will drop, and cost to manage this new entitlement will climb.
Early debates claimed there would be no government interference, there would be no rationing of health care. The rationing has already begun. Our Government recently suggested delaying mammograms until the age of 50. This is nothing but a cheap ploy to reduce costs for their new, whiz-bang health Ponzi insurance scheme. The idea is to get more money out of young people, then reduce benefits to old people, so that the entitlement train can keep chugging along for a few more decades.
Now, explain what it is that everyone thinks they're getting again? Oh, that's right - better coverage for more people for less money. Only an idiot could possibly believe that we can get something for nothing. And you actually believed it? P.T. Barnum would have been proud of you.
Opinion by A. Dumas