The Affordable Care Act? What the Heck Is That?

No, my friend, insurance companies have already figured out the way around the restrictio­ns in the bill.  The con game in the legislatio­n -- Medical loss ratio.  The amount of money insurers must spend on healthcare­, 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.

Don't believe me?  Meet Wendell Potter.

On Countdown with Keith Olbermann, whistleblo­wer Wendell Potter talks with Lawrence O'Donnell. 

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 this legislatio­n, much less mechanisms for lowering the costs of medical care.  No controls over co-pays, no controls on deductible­s.

Obama's legislatio­n 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.

"Covering the kids up to age 26" is a cruel farcical joke.  To begin with, how many people do you think were bought off with that?  To have insurance, to pay for it, you need to have a job.  To keep a job in this economy.  To get a job in this economy.  Not just the 26 year olds who can't find a job in this economy, but their middle-age­d (and up) parents who need to keep their jobs, not be outsourced or downsized, in order to keep these 'children' on their insurance policies.  

And with Obama's 'Super Congress' planning Medicare and Medicaid cuts, including upping the age for qualifying­, as seniors they won't be getting "affordabl­e" insurance.  

Then there's the prohibitio­n on 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.

Put your money into private prison stocks; that's where the growth is going to be.
Read the Article at HuffingtonPost