Single Payer Action Confronts Barney Frank

[greenego]

Sounds like Barney thinks a single payer health care system is in the works.

[Guest Letereat!]

:stunned:Wow!! As Much as I hate that Guy You gotta give it to him. He knows how to tapdance around an issue and hammer home the same drubberie for argument better than any ive seen in a while. He actually gets a rush from it i think! SCARY EVIL METER in the red.

[Oh Shoot]

Old post, but of course it's still in the works, even though ObamaCare 1 didn't call for it.

My terrible insurance just went up 50 bucks/month, even though they've never had to pay the first dime yet in the 5 years I've had it.

How many folks out there are like me, can barely afford to keep catastrophic health insurance, but can't really afford very much actual health care?

I've been saving for a year just so I can have a full physical and another test or two without totally upsetting the budget.

De gummit is already scheduled to step in a few more years and start subsidizing folks for premiums; that's but a short step from taking it over period.

And I imagine that timeframe is going to be bumped forward, as more and more folks find they can't afford the premium increases that all the insurance companies are loading up.

Not that I think ObamaCare is worth a crap, but I don't have very much sympathy for the insurance companies either. Maybe if any actually go out of business I'll change my viewpoint.

- OS

Edited October 5, 2010 by OhShoot

[StPatrick]

Insurance companies (health, not life, which tends to be a full-on swindle outside of term policies) have been shown to have a margin of 2-4% per year. If the cost of care were lower, the cost of insurance would be as well.