Obama's health plan takes shape - page 6
Barack Obama's health plan takes shape Source... Read More
Jun 24, '09Quote from wowzaIn other words, you claim UHC to be a "redistribution of wealth" yet totally ignore the consequences of such redistribution.A redistribution of wealth does not mean there will be no one in poverty. It means that money or property is taken from one group and used by another. Pretty sure this fits the exact definition of redistribution of wealth.
Jun 24, '09Quote from blue noteWhy, thank you. I've got more - Fixed News, Fox Noise.....
Same old Republican fearmongering that we've all heard hundreds of times before. And all centering around the false premise that "ObamaCare" means "rationed or restricted access to doctors, therapies and care." Article also ignores polls which show that a plurality of Americans favor a public option, the most recent of which by the NYT was linked to just a few posts up!
I've heard ABC being called the All Barack Channel. Each side has its cute, and somewhat accurate names. Where there's smoke...
Regardless, no one knows how this is all going to end up. Maybe neither the Republicans nor the Democrats are correct. Even President Obama does not know what's going to happen. No one knows.
According to statistics, in 2007, the U.S. spent $2.26 trillion on health care, or $7,439 per person. I have health insurance and my total health expenditures this year have been $0. I don't smoke, drink, use drugs, engage in promiscuous sex or illegal activities, I never "accidentally" got pregnant nor had a baby I couldn't afford to care for. I exercise regularly, eat healthy foods, and drive within speed limits. I went to school so that I could make a living for "me and mine". I made a decision as a youth to take care of the one body I have. I have been fortunate, I acknowledge, but good fortune tends to go hand-in-hand with preparation. I have prepared all my life for good health, and my good health, I believe, is a consequence of how I treat myself. If everyone took good care of their bodies, I suspect the cost per person would be significantly lower - low enough that health care expenditures would not be a problem.
On the other hand, I may have a stroke tomorrow and need medical help for the rest of my life.
Jun 24, '09Quote from blue noteWrong. The consequence of the redistribution is that they get free health care (or rather health care off the backs of others). That in itself has monetary benefit.In other words, you claim UHC to be a "redistribution of wealth" yet totally ignore the consequences of such redistribution.
Look you're not going to win this argument because UHC is a textbook example of redistribution of wealth. You're just wrong in this instance.Last edit by wowza on Jun 24, '09
Jun 24, '09Quote from wowzaHow arrogant. Just because you and conservatives call UHC redistribution of health does NOT make it fact.Wrong. The consequence of the redistribution is that they get free health care (or rather health care off the backs of others). That in itself has monetary benefit.
Look you're not going to win this argument because UHC is a textbook example of redistribution of wealth. You're just wrong in this instance.
Jun 24, '09Once again: for threads like this to remain open, please remember the Terms of Service and post your opinions WITHOUT aiming caustic or belittling remarks at other members.
Jun 24, '09Quote from PierretteBut we do know that the current system is costly, cumbersome and fails too many people. We do know how costs will increase if nothing is done.Regardless, no one knows how this is all going to end up. Maybe neither the Republicans nor the Democrats are correct. Even President Obama does not know what's going to happen. No one knows.
Insurance Premiums On The Rise
Premiums for employer-sponsored health insurance rose by 119 percent from 1999-2008, while wages grew by only 34 percent, according to the Kaiser Family Foundation.
Health Spending, In Billions 1960-2018 (projected)
Annual health care expenditures in the United States have gone from $27.5 billion in 1960 to $2.24 trillion in 2007 and are projected to reach $4.35 trillion by 2018. Source: Department of Health and Human Services, Center for Medicare and Medicaid Services, the National Health Expenditures Accounts (NHEA).
Jun 24, '09Quote from blue notecall me arrogant all you want but it doesnt change the facts. redistribution of wealth, by definition, (let me highlight that again by definition) is when money or goods are taken from one group and given to another. this is often used for taking goods/taxes/income from the more wealthy of society to pay for programs for the poor. uhc fits both of these definitions, plain and simple.how arrogant. just because you and conservatives call uhc redistribution of health does not make it fact.
other examples of redistribution include: graduated income tax used for social programs, welfare, inheritance tax among others.
you agree with redistribution of wealth- it goes hand-in-hand with much of your political ideology. you just dont like the connotation that comes with the term redistribution of wealth because it can (and has been in the past) used as leverage in media bytes and has closely been linked to socialism in mass media.Last edit by wowza on Jun 24, '09
Jun 24, '09i think what president obama wants to do is make healthcare accessible to all americans. this means: everyone! rich, poor, middle-class, etc. most of the poverty stricken americans have better access to healthcare then us hard workin middle class folks. most of the people living below the poverty level in the usa can access healthcare and their are programs to help them like medicaid. larger citied have non-profit organizations that help them get meds, free clinic visits, etc. these people your so afraid of supporting are already being supported by you, me, and all other tax payers....that will not change! what the prez is trying to do is cover the rest of us. the healthy wealthy person is already set up, the poor medicaid recipient is already set up....what he's trying to do is fill in the gaps!!!
you can live a healthy lifestyle, work hard everyday for your family and their health insurance, and still be left without insurance if you were unable to work due to disability from accident of disease!!
example: you can be the epitome of physical health...get in an accident and boom!!!---your unable to work due to a fx pelvis, head injury, c-spine fx with paralysis...whatever, you get the point...lets say you exhaust all your fmla, short-term disability, etc and you have to cobra out on your insurance through your former employer at about... 1,000/month(much cheaper now since obama agreed to pay 60%, but still expensive!). you have to do this because all your injuries are "pre-existing" so u dare not lose the insurance you have!!! your short-term disability is running out, your depleting your savings account, etc.
due to the loss of your job and $175,000/yr salary, you get behind on mortgage, car, blah, blah, blah. you've exhausted savings and are now faced with losing your cobra because it'll only cover you for 1-2 years and you still need 2 more operations and extensive pt before your able to return to work, if you ever do return to work. so there you are!!! unable to work, unable to get better, losing your assets, exhausting all options!!! wouldn't it have been nice to have a health insurance plan that wouldn't have demanded all your savings and covered you with your big salary or without????? now, after all this you will probably qualify for medicaid.....does this make you a "leech on society" or another victim of our flawed healthcare system???
Jun 24, '09Here's a random question: Instead of trying to jam everyone into the current healthcare system, why not create an alternate system like the VA system at least temporarily?
Have hospitals specifically designed to take gov't health insurance. Pretty much every academic center is already set up like that but why not make more use of it? We can increase the number so that we can train more doctors and nurses, meet the up coming shortage, provide health care to those who need it.
Dont get me wrong, I would still be opposed to this system but it makes more sense at least until obamacare gets off the ground and the recession has passed.
Jun 24, '09#1. Have u tried to get into a specialist now???? Takes a couple months....It will not change! Canada has the same wait time that we have overall.
#2. No, the drug companies depend on development...If costs are contained and governed plus they take away the CEO's private jet and quit paying a drug rep $80,000/yr to pimp their products they will be just FINE!!
#3. This will not change. We have an excellent education system and most of these things are developed with aid of grants, at University Hospitals throughout the US---and fyi: Drs and researchers will still study, research, and invent...enough private and public institutions pay for that stuff.
#4. UUHHHHH......anyone ever heard of a PPO or a HMO???? What the heck could get worse then that??
#5. We will still be provided with supplemental plans to cover certain items...but if we have "universal" healthcare it will be the SAME for everyone and cover anywhere or any provider (like in CANADA).....so ya that one is probably true....AND A GOOD THING
#6. Unless we **** off another country it probably won't change. lol. We will still get access to the research and development of Japan, Sweden, UK, ETC>>>BELIEVE IT OR NOT AMERICA...WE DON'T DEVELOP ALL THE TECHNOLOGY OR MEDICAL ADVANCEMENTS OR BREAKTHROUGHS
Jun 24, '09Quote from wowzano, i do not see your narrow definition as the be-all and end-all of uhc. and while i have no problems with the term "redistribution of wealth," i'll thank you to not presume to know what i like, don't like or think.call me arrogant all you want but it doesnt change the facts. redistribution of wealth, by definition, (let me highlight that again by definition) is when money or goods are taken from one group and given to another. this is often used for taking goods/taxes/income from the more wealthy of society to pay for programs for the poor. uhc fits both of these definitions, plain and simple.
other examples of redistribution include: graduated income tax used for social programs, welfare, inheritance tax among others.
you agree with redistribution of wealth- it goes hand-in-hand with much of your political ideology. you just dont like the connotation that comes with the term redistribution of wealth because it can (and has been in the past) used as leverage in media bytes and has closely been linked to socialism in mass media.
Jun 24, '09how health insurance companies redistribute wealth
they take our premiums and spend it in ways that do not provide any healthcare.
this is because they have a fiduciary duty to their shareholders.
* the major health interests have spent an average of $1.4 million per day to lobby congress so far this year and are on track to spend more than half a billion dollars by the end 2009. that comes out to about $2,600 per day per member of the house and senate. the pharmaceutical lobby alone spent $733,000 per day in the first quarter of 2009.
* health insurance companies donated $20,319,441.00 to congressional campaigns in 2008. http://www.opensecrets.org/
* 2008 compensation from the u.s. security and exchange commission.
1. ron williams, aetna - $24.3 million
2. h. edward hanway, cigna - $12.2 million
3. angela braly, wellpoint - $9.8 million
4. dale wolf, coventry health care - $9 million
5. michael neidorff, centene - $8.8 million
6. james carlson, amerigroup - $5.3 million
7. michael mccallister, humana - $4.8 million
8. jay gellert, health net - $4.4 million
9. richard barasch, universal american - $3.5 million
10. stephen hemsley, unitedhealth group - $3.2 million
* denial management distribues wealth too.
Jun 26, '09economics professor uwe reinhardt asks, "is health care reform worth $1.6 trillion?" and puts the numbers into perspective:
a price tag of $1.6 trillion seems immense if one contemplates the figure in the abstract. it is, however, only about 4 percent of the total cumulative health spending of $40 trillion, the amount government actuaries now project for the decade from 2010 to 2020. that is also less than the 6 to 7 percent that total national health spending has increased each year in the past decade.
and $1.6 trillion is only about 1 percent of the amount of g.d.p. that america can reasonably be expected to produce in the next decade (about $150 trillion to $170 trillion).
that 1 percent would not be lost to g.d.p., of course, because health spending is part of g.d.p. rather, it would be a diversion of g.d.p.-away from other uses, and toward providing the otherwise uninsured with the peace of mind that comes with health insurance and access to timely health care. it would represent merely a change in the composition of g.d.p.
a change in the composition of g.d.p. should be distinguished from an actual loss of g.d.p.
indeed, to give a sense of perspective: whatever waste there might be in any new spending on health care, the loss of welfare it implies is dwarfed many times over by the actual loss of g.d.p. and human welfare over the coming decade caused by the reckless mismanagement of our financial sector. not to mention the diversion of additional g.d.p. to wall street bailouts and away from uses that taxpayers probably would have preferred.
to be sure, congress may have a political problem of financing an estimated $1.6 trillion price tag for health reform without raising taxes of some sort, a subject to be explored in a future post to this blog.
but that price tag is not much of a real burden, if any, on our economy over all.
as congress is hemming and hawing over this price tag, america's middle class might take a moment to contemplate its future fate in health care without any government subsidies toward health insurance.
let's start with the graph below.
milliman medical index published annually by the benefit consulting firm milliman inc.
based on a sample of several million american families with employment-based health insurance, the index represents the average annual cost of health care for a typical american family of four.
the "cost" figures in the graph are all inclusive. they are the sum of employer- and employee-paid health insurance premiums plus the family's out-of-pocket spending on health care.
at the trend over the last decade, which is likely to continue, this cost index will stand at $18,000 by 2010. it will have more than doubled its level since 2001. and if that trend continues for another decade-and there is a good chance it will-then 10 years hence america's health system will be able to extract from the rest of society the sum of $36,000 per typical nonelderly family of four.
consider now an average american family that is sustained economically by a gross wage base of $60,000 today. by "gross wage base" economists mean the wages earned by the household's breadwinners before deduction of fringe benefits and taxes, whether paid by employer or employee. businesspeople would think of it as all the debits they make for an employee to the account "payroll expense." economists call it the "price of labor."
all of the health care costs included in the milliman index are financed by this gross wage base, which must also finance all of the family's taxes and living expenses.
in the past decade, average wages in the united states have grown at about 3 percent a year. with the economy likely to be in the doldrums for years to come, it would be highly optimistic to expect an average growth rate in wages any higher than 3 percent. most probably it will be lower.
but even at an optimistic 3 percent growth rate in the average gross wage base, a base of $60,000 now will have grown to only about $80,000 a decade hence. the $36,000 of projected health spending would have to come out of that wage base of $80,000. in other words, health care alone would chew up 44 percent of the wage base that must support such a family.
one can change the assumed growth rates for such a calculation to get slightly different forecasts. but the conclusion for any realistic set of assumptions remains the same: in the coming decade, an ever larger number of middle-class american families will have their household budgets chewed up inexorably and mercilessly by the cost of health care.
millions upon millions of middle-class families will see themselves pushed into the ranks of the uninsured-and possibly into bankruptcy-unless someone helps them financially. but it is doubtful that it can be done if the 10-year budget cost of the proposed health reform bill is constrained to $1 trillion or less.