Showing posts with label Obamacare. Show all posts
Showing posts with label Obamacare. Show all posts

Thursday, June 28, 2012

Obamacare Upheld!



This is a historic moment, and people have been trying to do what Obama has done for nearly a century. It's access for all, but if we don't pay in, we can't all expect coverage. This is actually something Romney touted as a 'conservative' idea when he enacted Romneycare in Massachusetts, and yet Romney wants to flip and say that the entire country can't benefit from this philosophy?

Insurance companies are being reformed, which has been sorely needed. Just ask anyone who got sick and was denied or had coverage-rescinded due to a 'pre-existing condition'. Just ask people who went broke or are broke due to medical bills from a catastrophic event, or because they could not get coverage. Reform is a GOOD thing, and insurance companies in America may end up like those in Germany, where the government guarantees individuals coverage and they can go to whatever insurance company that offers the best value. Germany, by the way, spends about 11% of its GDP on healthcare (while covering everyone) where America spent 17% of its GDP on healthcare while doing it badly and letting insurance companies line their pockets by covering only the healthy and wealthy. Reform is all about correcting this type of corruption, and SCOTUS has allowed it to happen as-intended.

Those of you who don't get it yet or think this is 'socialism', you will understand in time. Medicare was called 'socialism' by Ronald Reagan back in 1961, before it was signed into law by Democrat president Lyndon Baines Johnson, where former Democratic president and Medicare campaigner Harry Truman was the first recipient.

Medicare was put in-place because insurance companies didn't want to cover higher-risk seniors, and it's a form of socialized medicine that works well, has wide-support from seniors who are happy with it. However, it was the brainchild of Canadian socialist, Tommy Douglas and a lot of people don't know that. Yet, Medicare operates with a 3% admin overhead (very efficient), has been a great success and for many, is the safety net they need if they can make it to age 65.

In 2014, individuals will be able to get their own government healthcare plans, and insurance companies will be unable to refuse someone for a pre-existing condition. This is exactly what we need, because what is the point of a health-insurance company who only sells insurance to healthy people? It's the sick people who need it, but if we don't have a mandate, insurance-buyers will be mostly sick people (adverse selection). We just have to get used to having healthcare (whether we pay-in or provide our own), so everyone can get access. As it is now, we all pay for employer-based coverage, people who use the E.R. as primary care, etc. so we already have lots of 'socialized' pools of money built into a bad system, and the ACA is reforming that system after insurance companies have had a long, profitable run playing the for-profit insurance game with our lives.

We need to re-elect Obama in November so he can complete what he started, or Mitt Romney will flush a century of work toward healthcare for all down the drain.

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