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, by the way -- To sell and buy. It's like playing chess with yourself.
Having insurance doesn't mean getting health care. BIG DIFFERENCE.
There are no cost controls in his legislation, much less mechanisms for lowering the costs of medical care. No controls over co-pays, no controls on deductibles.
On Countdown with Keith Olbermann, whistleblower Wendell Potter talks with Lawrence O'Donnell about where the con game (medical loss ratio, the amount of money insurers must spend on health care) is in the legislation, and how it will enable insurance companies to continue to price gauge and keep obscene profits instead of delivering affordable and quality medical care to policy-holders.
Obama's legislation is not 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 will be the enforcer, which means compounded fines and prison.
And we would have already had a public option, the votes were there, had Obama not nixxed it.
About Barack Obama
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