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Ad nauseum

The famous public option

Date published: 11/4/2009

THAT'S LATIN for "sick of hear- ing about health care reform." Well, you can ignore a funny-colored, ragged-edged wart or mole, too--but at your own risk. Virginians especially, with two Democratic senators, still have a chance to influence Capitol Hill on this hot topic.

First, the usual disclaimer: Health care needs reform. People who lose their jobs, people with special needs, people with pre-existing conditions--these folks need help. But the kind of reform many Democrats in Congress are proposing is the wrong way to go.

An update: After removing the "public option" from the Baucus bill just long enough to get it out of committee, Senate Majority Leader Harry Reid, D-Nev., has re-added it to the combined Senate bill. And House Speaker Nancy Pelosi took to the Capitol steps last Thursday to present her 1,990-page bill, which also includes this provision, to an elite group of invitees.

Mrs. Pelosi justifies the public option (a government-offered plan) by talking about "the immoral profits being made by the insurance industry and how those profits have increased in the Bush years." Truth is, Tupperware is more profitable than health insurance.

The Associated Press places health-insurance companies' profits at about 6 percent. Last year, they were 2.2 percent. In fact, health insurance ranked 35th in profitability out of 53 American industries. Immoral? Hardly--unless capitalism itself is immoral.

Ms. Pelosi, et al. use the term "Bush" as a fire starter. But did those insurance-industry profits increase outrageously during the "Bush years"? No. Insurance's 8.8 percent profits remained steady during that time and were neck-and-neck with Clorox, Tupperware, Coors, and Yum Brands (KFC, Pizza Hut, and Taco Bell).

Meanwhile, our current federal health-insurance program, Medicare, is fast going broke, has higher administrative costs than private plans, suffers $60 billion in fraud losses each year, and compensates doctors so poorly that 29 percent of patients have trouble finding a provider.

So lets expand that, right?



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Date published: 11/4/2009


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Ad Nothing! (posted by mz , Nov. 5, 2009 5:07 pm)   
Point 1 Should Blue Cross/ Blue Shield make a PROFIT on people being sick? The sicker you are the more profit they make! Point 2 Medicare's administrative cost are,on the average less than 10% of private insurers.THIS IS A FACT. I think they should spent more and that gets to the third point. Point 3 Yes there is fraud in Medicare and they need to spent more fighting it. Is there fraud in private insurance --you bet! Are they doing anything about it--who knows! They just pass it on in premium hikes.

Good job Righties! (posted by mz , Nov. 5, 2009 4:29 pm)   
The KKL has more holes in it than your socks Yeah, you can get some kind of health insurance (if you haven't been out of work for more than 63 days) and don't mind paying sky-high premiums for less coverage. Good point on those who don't bother to buy insurance. Thats why the DEMS are mandating coverage. Next time you would be better off sticking with generalizations--you know "socialists", "bloated government" rather then attempting to state some facts.

The socialists have placed the American Public squarely on the slippery slope (posted by Mandrake , Nov. 5, 2009 8:38 am)   
They parade 2000 plus pages of health reform around, get the expected reaction, fiddle with the public option and focus us on the public option as the point of contention. How stupid do they think we are? Very! When they change the public option to a new Federal bloated agency that micromanages insurance companies everyone will think that's ok and bingo the health-not -care package gets passed easily. Those socialists are slick! Fooled all the American people once again...Suckers!

2 Steps (posted by AtackDuck , Nov. 5, 2009 7:54 am)   
Tort reform: The lawyers should get an agreed on hourly rate or lump sum and have it in the filing papers. Loser pays both sides lawyers. NO cut of the settlement for the lawyers. Increased competition: Get rid of the exemption for insurance monopolies, let companies go interstate. These can be done now and easily, the other crap being foisted can wait until we agree on IF it should be done.

Single-payer solution (posted by criselkins , Nov. 4, 2009 3:46 pm)   
If you believe in universal healthcare, and I do, a shared-risk, tax-supported, non-profit plan is the sensible way to go.

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