Comments on: Health Care: Why the Critics of a Public Option Are Wrong http://wallstreetpit.com/5689-health-care-why-the-critics-of-a-public-option-are-wrong Wed, 08 Feb 2012 22:13:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Paul http://wallstreetpit.com/5689-health-care-why-the-critics-of-a-public-option-are-wrong#comment-52915 Paul Thu, 13 Aug 2009 18:13:09 +0000 http://wallstreetpit.com/?p=5689#comment-52915 A full blown public option will lead to the government plan being the only game in town. I find it hilarious when people say that the public option is only an option, and people will be able to keep their current plan. What person or company is going to keep a private plan that costs more money? This WILL lead to most private insurance companies going belly up. There is no way for them to compete with a public plan that gets their rates at Medicare costs. So the government will eventually be the only game in town, as most Democrats want but won't come out and say it. Although, Obama is on record saying he wanted there to be a single payer system before he became president. There is no doubt that healthcare needs overhauling. Insurance companies have agreed to lift preexisting conditions in a healthcare overhaul, although Democrats still vilify them as though they haven't agreed to do this in the future. America has the best and brightest doctors in the world but do you really think this will be the case in the future with the government squeezing hospitals for costs? Will the best and brightest still want to be doctors? I also find it hilarious that people are calling for America to be like Canada or France etc... Do we really want to be like those countries? That isn't what has made this country so great. A full blown public option will lead to the government plan being the only game in town. I find it hilarious when people say that the public option is only an option, and people will be able to keep their current plan. What person or company is going to keep a private plan that costs more money? This WILL lead to most private insurance companies going belly up. There is no way for them to compete with a public plan that gets their rates at Medicare costs. So the government will eventually be the only game in town, as most Democrats want but won’t come out and say it. Although, Obama is on record saying he wanted there to be a single payer system before he became president.

There is no doubt that healthcare needs overhauling. Insurance companies have agreed to lift preexisting conditions in a healthcare overhaul, although Democrats still vilify them as though they haven’t agreed to do this in the future. America has the best and brightest doctors in the world but do you really think this will be the case in the future with the government squeezing hospitals for costs? Will the best and brightest still want to be doctors? I also find it hilarious that people are calling for America to be like Canada or France etc… Do we really want to be like those countries? That isn’t what has made this country so great.

]]> By: Eugene http://wallstreetpit.com/5689-health-care-why-the-critics-of-a-public-option-are-wrong#comment-52576 Eugene Wed, 12 Aug 2009 20:45:02 +0000 http://wallstreetpit.com/?p=5689#comment-52576 How about abolishing the restricted supply caused by the AMA and LCME? Why do our "annointed ones" categorize this as purely a price issue rather than a supply issue (which it is)? Oh, I know why - because more complicated regulations around hospitals would put much money into the hands of lawyers. This plan will only sacrifice something for nothing. The total pie will remain the same. We need to fix the SUPPLY. How about abolishing the restricted supply caused by the AMA and LCME? Why do our “annointed ones” categorize this as purely a price issue rather than a supply issue (which it is)? Oh, I know why – because more complicated regulations around hospitals would put much money into the hands of lawyers. This plan will only sacrifice something for nothing. The total pie will remain the same. We need to fix the SUPPLY.

]]> By: Daniel Habtemariam http://wallstreetpit.com/5689-health-care-why-the-critics-of-a-public-option-are-wrong#comment-26514 Daniel Habtemariam Fri, 03 Jul 2009 16:03:14 +0000 http://wallstreetpit.com/?p=5689#comment-26514 A mandate with no public option is essentially what we have in Massachusetts. Everyone is covered, but absolutely nothing has been done to contain costs. And sure enough, every year since the birth of universal health care here, costs have steadily taken over the state budget while coverage has steadily increased. There really are 2 problems here: coverage (ie 47 million uninsured people in America), and costs (1 in 5 federal dollars expected to be taken over by Medicare and Medicaid expected in 2035) Solving the coverage problem is relatively simple. Solving the cost problem is a thorny issue - ultimately, someone's gonna have to be paid less. Either doctors, or the private insurance companies, or taxpayers (indirectly as a result of removing the tax exemption on health care expenditures) -- SOMEONE will be making less. Imagine for a moment: What if there were only name-brand foods at the supermarket and no generics? What if there was only UPS, FedEx, and DHL and no USPS? What if all universities were private universities, and there were no public universities? What if all elementary, middle, and high schools were private schools, and there were no public schools? See what I mean? A mandate with no public option is essentially what we have in Massachusetts. Everyone is covered, but absolutely nothing has been done to contain costs. And sure enough, every year since the birth of universal health care here, costs have steadily taken over the state budget while coverage has steadily increased.

There really are 2 problems here: coverage (ie 47 million uninsured people in America), and costs (1 in 5 federal dollars expected to be taken over by
Medicare and Medicaid expected in 2035)

Solving the coverage problem is relatively simple.
Solving the cost problem is a thorny issue – ultimately, someone’s gonna have to be paid less. Either doctors, or the private insurance companies, or taxpayers (indirectly as a result of removing the tax exemption on health care expenditures) — SOMEONE will be making less.

Imagine for a moment:
What if there were only name-brand foods at the supermarket and no generics?
What if there was only UPS, FedEx, and DHL and no USPS?
What if all universities were private universities, and there were no public universities?
What if all elementary, middle, and high schools were private schools, and there were no public schools?

See what I mean?

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