Blogs who oppose Gov't interference in our lives have gentle readers who repeatedly, earnestly insist that Obamacare is not socialized healthcare, because there is no 'public option.' Our readers are deluded enough to believe that simply stating a thing, wishing it were true would make it so.
I say poppycock! I say that Obamacare, though it has no overt 'public option,' is specifically designed to -in time- leave NO OTHER OPTION BUT the public option.
And here's why, directly from a dear CPA friend of ours who emailed with his grave concerns about this ghastly new law:
My wife's firm consults with an independent economic analyst out of state. Her firm met with these analysts to tease throught the new healthcare law. What they said is scary.
(Sus & Mr. Sus, this truly is an objective group of analysts - many times their analysis indicates democrat's proposals are indeed good for the economy. That ticks me off b/c the group has a solid history of prognosticating the effect of legislation on the economy. I never want to admit that the Dems could be right on something. Just trying to be honest...)
Anyway, based on their analysis, this law virtually ensures an eventual total government takeover of healthcare.
Don't believe it?
Consider any family who currently has private health insurance:
The employer pays $8,000/year of their insurance costs. The employee pays $6,000, for a total of $14,000 of "insurance."
#1 - Eventually, employers will figure they save $6,000/year by dropping employee health coverage & paying the $2,000/person Gov't fine. (The best argument against #1 is that status quo is 'slow to change,' but slow does not equal never. Another argument is that employers will continue offering good insurance to keep good employees. But honestly, where is the Wal-Mart employee going for better benefits? For professional firms, when the first big firm decides to drop insurance - and they will, b/c they profit $6,000/person per year- then the rest must follow to stay competitive.)
#2 - Next, employers will convince employees that dropping insurance is okay.
How, you ask, does the company sell it as o.k.? Ahem, allow me:
Employer: We're dropping health insurance, but it's really okay.
Employee: What the heck?? I'm going somewhere else to work!
Employer: Not so fast. Just listen. We pay $8000/yr for your benefits. What'dya say we drop those, pay $2000 Gov't fine.
Employee: Okay, so far you've saved yourself $6000 at my expense.
Employer: Hold on; I'm not finished. The company will take $4,000 of the savings & give you $2,000!
Employee: Wow! I just got a raise! Wait...$2000 won't cover the cost of privately purchased health insurance...
Employer: Okay, but remember, you were already paying $6,000 in premiums. So you can
a) add the $2000 & find insurance for $8,000 a year. Or - better yet -
b) Take $2,000 & pay the Govt. $695 penalty for lack of insurance. Then
c) Use the $6,000 that you were paying in premiums (plus what you paid in co-pays, etc.) to cover medical visits & Rx's.
Employee: Oh, I see. I still might come out ahead, huh?
Employer: You bet! In most years, you will come out ahead - way ahead! And in the years when someone gets sick, gee, let's see - you just go get insurance. Insurance companies have to take you now whenever you want to sign up!
Employee: You gotta deal, boss! I sure am glad we're not running an insurance company! We'd be in a heap 'a trouble!
Employer: You said it. I'm happy to be in the flower pot business!
#3 - Where does that leave the country? With all the insurance companies bankrupt, so everyone will HAVE to go to the Government for insurance. Which is what the @#$%'s were after to begin with.
And you'll never convince me otherwise.
And don't EVEN get me started on the taxes.
So you see, when I make a statement like: 'Obamacare is specifically designed to - in time - leave no other option but the public option,' it's based on solid, reasoned, professional, objective financial analysis. Our dear readers who insist otherwise have only their own f00t stamping insistence & ignorance of facts that are as plain as the nose on their face.
Row, row, row your boat, gently down the stream...