This past week, the Republicans found that talk was cheap compared to the actions that they needed to take to repeal and replace the monstrosity known as ObamaCare. The solution that they came up with fell far short of what was expected of them.
One would think that it would be easy to simply repeal the existing law and set everything back to the way it was before the Democrats inflicted this POS legislation upon the American people. But it’s not that easy.
The problem is that ObamaCare has become an entitlement that some people depend upon at the expense of hurting far more people. The result is a program that is failing (it was designed to, by the way) – insurance companies fleeing the exchanges with those that remain charging higher and higher premiums with deductibles that people ultimately cannot afford.
The bad news is that the Republican’s replacement to ObamaCare failed to get the necessary votes in the House to pass the Bill to the Senate where, in my opinion, it would have been shot down in flames with all its flaws exposed. The worse news is that ObamaCare is still law, and it is going downhill fast.
The bigger question is who’s going to be hurt most by this failure. I will guarantee that it won’t be the insurance companies or the politicians – the insurance companies have been playing both sides where they would come out winners (remember the section in ObamaCare that guarantees for the Government to cover any losses by the insurance companies?), and the politicians have their own health plan (they quietly repealed the section of the ObamaCare law that mandated that they would be on the same plan as the rest of us). So once again, the American taxpayer will bear the costs of this insanity.
I found a commentator by the name of Dan Carlin who takes a neutral political view of the situations in the world. His take on health care finances, the healthcare industry, and the politics behind it are eye-opening and interesting. While I do not agree with everything he says, he does make a compelling case for an alternative healthcare system in his latest audio “Common Sense 314 – Unhealthy Numbers.” His show notes point to a resource that has graphs that show that our healthcare system is sick, and probably headed for financial collapse. For example:
To sum up the audio and the show notes, Americans spend the highest amount for healthcare insurance and health care, but receive lower benefits from that health care. Where does that help anyone in the long term?
Regardless, the passage of ObamaCare was to force the health care insurance industry into a single payer system – the government – with the health insurers as their surrogates. The end result is that the American taxpayer would pay not only for the program in taxes, but fees to the insurance companies in amounts greater than if the politicians had stayed out of it.
The solution, in my opinion, is to 1) repeal the Affordable Care Act (aka ObamaCare) in it’s entirety, 2) provide a financial safety net for those who have paid voluntarily into an optional program that would not be used for any other purpose except health care (something that Social Security was originally set up to be), 3) enact laws that will allow insurance companies to compete across state lines with the usual protections against price fixing/gouging and monopolies, 4) establish tax-free health savings accounts similar to Roth IRAs, and 5) remove any governmental management of health care from the private sector (we all can see how well government management works in the healthcare industry with the Veteran’s Administration).
I’m sure there are other ideas on this subject, but I already know that the politicians are ill equipped to handle any financial decisions. Otherwise, how in the Hell could our country be trillions of dollars in debt, and needing loans from other countries to keep afloat?