FEOS wrote:
Jay wrote:
Sorry FEOS, that's the company line but it defies sound economic thought. All it would do is raise premiums.
It's not the company line. I'm not a "company man". I'm someone who deals with medical insurance--both public and private--day in and day out in my private life.
It does not defy sound economic thought. It is in line with the competitive market place driving costs down for the consumer. Insurance companies will have to compete for business they never had to compete for before, and consumers can be more discriminating about what care they receive (or don't receive) for their money.
Yes, competition drives down costs for the consumer, but not when the government is providing a subsidy. When the government raises the subsidy it pays out for low income students to attend college, colleges turn around and raise tuition rates. It's not because they are trying to keep those low income students out, it's simply because they know they can squeeze more money out while maintaining the same number of students.
Medicare sucks, but I don't think suddenly dumping billions of (tax) dollars into the insurance market is the best alternative. Also, his plan doesn't address really address the problem (though it's too late at this point), those 55+ that are grandfathered in still haven't paid enough damn taxes to fund their own retirements. They're about to skate into retirement, thumb their nose at the rest of us, and slam the door behind them. Fucking hate baby boomers.