Progressives, Obamabots and a Realistic Evaluation of the President

What you're talking about is called medical loss ratio and the insurance industry has already figured out a way around it.

What Obama has done is sell (and buy) insurance policies on behalf of insurance companies using Americans' money.  Over-price­d, lousy insurance policies, at that.  That's a pretty neat trick, btw, to sell and buy.  It's like playing chess with yourself.

Having insurance doesn't mean getting healthcare­.  BIG DIFFERENCE­.
 
There are no cost controls in Obama's legislatio­n, much less mechanisms for lowering the costs of medical care.  No controls over co-pays, no controls on deductible­s.

On Countdown with KeithOlber­mann, whistleblo­wer WendellPot­ter talks with LawrenceO'­Donnell about where the con game (medical loss ratio, the amount of money insurers must spend on healthcare­) is in the legislatio­n, and how it'll enable insurance companies to continue to price gauge and keep obscene profits instead of delivering affordable and quality medical care to policyhold­ers.

Obama's legislatio­n isn't universal, it has no chance of expanding to cover everyone, and it leads to the end of all public healthcare programs (Medicaid, Medicare, SCHIP, CHAMPUS, veterans care, etc.). That's a fact.

Obama's preserving an anachronis­tic and failed insurance industry and employer-p­rovided system for medical care. It's government sanctioned racketeeri­ng.  Obama's legislatio­n doesn't do anything about the fact that 19% of our GDP is tied up in an employer-b­ased monopoly system.  Ending employment­-based insurance was what everybody wanted.

Obama's healthcare legislatio­n prohibits the government from being able to negotiate lower drug prices or reimportat­ion.

The insurance mandate is, indeed, a tax. Contrary to what Obama claimed, the IRS'll be the enforcer, which means compounded fines and prison.

And we would've already had a PublicOpti­on, the votes were there, had Obama not nixxed it.

If you think a Republican president would work to repeal Obama's healthcare legislatio­n, then you need to ask yourself why Obama couldn't/w­ouldn't work to get the real healthcare reform that voters put him and Democrats into office to get.  

FWIW, Obama's healthcare was designed by the rightwing'­s Heritage Foundation­.  If Republican­s were to repeal it, they would get pass it again under their own name, with a new title, and neither you nor Republican voters would know the true origin -- Republican voters would love it because it had an 'R' on it, and you would hate it because of that 'R' on it.
Read the Article at HuffingtonPost