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Monday, January 24. 2011

Krauthammer:

Suppose someone - say, the president of United States - proposed the following... I've got a great idea for deficit reduction: We increase spending by $540 billion while we increase taxes by $770 billion. He'd be laughed out of town.

Related, Why Obama Should Drop the Insurance Mandate - Oregon Sen. Ron Wyden has a face-saving way out.

Posted by The News Junkie in Hot News & Misc. Short Subjects at 10:14 | Comments (6) | Trackbacks (0)

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It sounds good, but I still don't trust Wyden.

#1 Sam L. on 2011-01-24 11:25 (Reply)

The first problem with DemCare, ObamaCare, federal tort reform of malpractice law, etc etc is that the federal government has no Constitutional responsibility and therefore no authority over healthcare finance.
I understand there's a federal law that prohibits the interstate sale of healthcare insurance. That could fit under the Commerce Clause as Constitutional even if it's a bad idea, and it probably is. Remove the federal prohibition and let the competition kick in. Each state would be expected to vet insurance providers for soundness, as they do car insurers and mortgage lenders.
Even states have no business establishing insurance mandates for the providers to cover specific items or for individuals or companies to take out insurance. They may take unto themselves the authority, but it remains bad policy.
Let the insurers offer different packages at different rates; let the buyers make their own selections. If we're going to offer any incentive, let it be a tax deduction for the premiums. But not a refundable deduction or credit. Let freedom ring; let charity and perhaps government be the payor of last resort, not the manager of the whole thing.
Not a takeover of healthcare industry... indeed.

#2 Geoff Brown on 2011-01-24 11:47 (Reply)

Totally agree with you, Geoff. And...all members of government should be required to use the same system.

Cutting these outlandish government pensions that they keep voting to increase for themselves would free up some state money to set up pools for the "problem" cases, such as babies born with pre-existing conditions. We in Illinois have way too many bureaucrats in this category; they play the system then retire to Florida at age 55.

#2.1 jma on 2011-01-24 12:38 (Reply)

Geoff Brown ... You make some good points above. But, as this Administration usually does, it wants to take over our private lives and private decisions. It has an innate hostility toward the free market system, and is pursuing plans to destroy it here in America. Like that has worked so well in every other socialist country on the globe.

The thing that's so annoying about Obama is that he refuses to learn the lessons of history, just as he refuses to listen to the voters. And as one pundit remarked, "Those who refuse to learn the lessons of history are doomed to repeat them."

Marianne

#3 Marianne Matthews on 2011-01-24 12:24 (Reply)

Geoff Brown: You are correct about tort reform. The 2003 Texas Tort reform allowed the medical community to murder their citizens without accountability. More citizens in Texas are killed in Texas hospitals in the emergency rooms because it is almost impossible to generate a lawsuit. The politicians and CEO's of the hospitals are aware of the murders that occur and the damage that is done to those who survive, and yet, nothing is being done. A cap of 250,000 dollars has been placed on the Tort reform Act, which again I describe as the murder weapon. Governor Rick Perry signed that reform Act and claimed that it saved on medical costs. And it probably did, because now Texas can murder their citizens without accountability.

If this is happening here, just think of how many Americans will die with Obamacare.

#4 Cilla Mitchell, Galveston Texas (Link) on 2011-01-25 06:36 (Reply)

Of course the reason the mandate was put in Obamacare was that, without it, nobody would buy insurance. They would wait to get sick and then-- since denial for pre-existing conditions is verboten-- they would then buy "insurance". If the mandate dies, either by court ruling, or Wyden's bill then the entire 2300 pages of junk is DOA. 27 states are suing to destroy it by outlawing the mandate. Wyden's bill probably won't matter.

#5 Mr. Dart on 2011-01-25 12:19 (Reply)

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Monday, January 24. 2011

Health scam