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December 20, 2009 at 11:40 AM #496656December 20, 2009 at 12:18 PM #495794NeetaTParticipant
Fantastic everyone; welcome to the wonderful world of hedging. When oil prices were peaking, I invested in oil companies and made a lot of money with the intent of hedging against higher gas prices. This is a wonderful situation. The insurance companies procuring a win-fall. Now I can invest in health insurance companies to offset the price of health care. See, we all have options. Remember the hackneyed expression, “if you can’t beat them, join them.” What an opportunity!!!!!
December 20, 2009 at 12:18 PM #495951NeetaTParticipantFantastic everyone; welcome to the wonderful world of hedging. When oil prices were peaking, I invested in oil companies and made a lot of money with the intent of hedging against higher gas prices. This is a wonderful situation. The insurance companies procuring a win-fall. Now I can invest in health insurance companies to offset the price of health care. See, we all have options. Remember the hackneyed expression, “if you can’t beat them, join them.” What an opportunity!!!!!
December 20, 2009 at 12:18 PM #496333NeetaTParticipantFantastic everyone; welcome to the wonderful world of hedging. When oil prices were peaking, I invested in oil companies and made a lot of money with the intent of hedging against higher gas prices. This is a wonderful situation. The insurance companies procuring a win-fall. Now I can invest in health insurance companies to offset the price of health care. See, we all have options. Remember the hackneyed expression, “if you can’t beat them, join them.” What an opportunity!!!!!
December 20, 2009 at 12:18 PM #496420NeetaTParticipantFantastic everyone; welcome to the wonderful world of hedging. When oil prices were peaking, I invested in oil companies and made a lot of money with the intent of hedging against higher gas prices. This is a wonderful situation. The insurance companies procuring a win-fall. Now I can invest in health insurance companies to offset the price of health care. See, we all have options. Remember the hackneyed expression, “if you can’t beat them, join them.” What an opportunity!!!!!
December 20, 2009 at 12:18 PM #496661NeetaTParticipantFantastic everyone; welcome to the wonderful world of hedging. When oil prices were peaking, I invested in oil companies and made a lot of money with the intent of hedging against higher gas prices. This is a wonderful situation. The insurance companies procuring a win-fall. Now I can invest in health insurance companies to offset the price of health care. See, we all have options. Remember the hackneyed expression, “if you can’t beat them, join them.” What an opportunity!!!!!
December 20, 2009 at 12:33 PM #495799Carl VeritasParticipantYour right ends where someone else’s right begins.
No one should go hungry, but —
Since the government does not produce anything, it must take away the farmers right to his property (in this case, food he produced) and give it to you, if you declare that everyone has a right to eat. That is not social cooperation, it’s coercion.
That goes for health care too.
In the beginning of the 20th century, 90 percent of the nations hospitals were private, for-profit enterprises. State and local governments began taking over the hospital industry that by early 1990s only 10 percent were private. T.DiLorenzo
December 20, 2009 at 12:33 PM #495956Carl VeritasParticipantYour right ends where someone else’s right begins.
No one should go hungry, but —
Since the government does not produce anything, it must take away the farmers right to his property (in this case, food he produced) and give it to you, if you declare that everyone has a right to eat. That is not social cooperation, it’s coercion.
That goes for health care too.
In the beginning of the 20th century, 90 percent of the nations hospitals were private, for-profit enterprises. State and local governments began taking over the hospital industry that by early 1990s only 10 percent were private. T.DiLorenzo
December 20, 2009 at 12:33 PM #496338Carl VeritasParticipantYour right ends where someone else’s right begins.
No one should go hungry, but —
Since the government does not produce anything, it must take away the farmers right to his property (in this case, food he produced) and give it to you, if you declare that everyone has a right to eat. That is not social cooperation, it’s coercion.
That goes for health care too.
In the beginning of the 20th century, 90 percent of the nations hospitals were private, for-profit enterprises. State and local governments began taking over the hospital industry that by early 1990s only 10 percent were private. T.DiLorenzo
December 20, 2009 at 12:33 PM #496425Carl VeritasParticipantYour right ends where someone else’s right begins.
No one should go hungry, but —
Since the government does not produce anything, it must take away the farmers right to his property (in this case, food he produced) and give it to you, if you declare that everyone has a right to eat. That is not social cooperation, it’s coercion.
That goes for health care too.
In the beginning of the 20th century, 90 percent of the nations hospitals were private, for-profit enterprises. State and local governments began taking over the hospital industry that by early 1990s only 10 percent were private. T.DiLorenzo
December 20, 2009 at 12:33 PM #496666Carl VeritasParticipantYour right ends where someone else’s right begins.
No one should go hungry, but —
Since the government does not produce anything, it must take away the farmers right to his property (in this case, food he produced) and give it to you, if you declare that everyone has a right to eat. That is not social cooperation, it’s coercion.
That goes for health care too.
In the beginning of the 20th century, 90 percent of the nations hospitals were private, for-profit enterprises. State and local governments began taking over the hospital industry that by early 1990s only 10 percent were private. T.DiLorenzo
December 20, 2009 at 12:40 PM #495804urbanrealtorParticipantI don’t think health care is a right.
However, basic survival-oriented and educational public goods are a practical necessity in non-poor countries.
To that extent, it is a government responsibility.
I also think that increasing the efficiency of the distribution of public goods is a responsibility.
Right now we have universal health care.
Anybody showing up at an ER in the US gets treated regardless of income.
That is universal, often publicly subsidized, and very inefficient.
People in this country can’t really starve either.
The only people who starve here are people who have some true disability (like mental illness) or actually desire to starve (like supermodels).
We just make it uncomfortable to live on the dole (fill out these 6 forms then stand in a line for a an hour and then you get 2 loaves of bread and a brick of cheese).
Just as there is no real option for letting poor people starve, there is no real option for letting injured and sick people die for lack of cash.Therefore, this is really about the following issues:
-how to minimize outlays from government and institutions currently providing that inefficient health care (thus improving the bottom line of hospitals, government entities, and other payers)
-about how to minimize personal bankruptcies (or just general financial burden) associated with insufficient coverage (thus improving global consumer effective demand)
-giving US companies a comparative advantage over their foreign competitors who enjoy more efficient and/or subsidized healthcare (part, though only part, of the reason our companies are currently seeing waning competitiveness)Also, to Allan’s concern about authoritarianism in the form of required insurance:
1: How is representative democratic legislation “authoritarian”?
2: How is this different from being required to pay unemployment insurance (or having that as an employer-cost associated with you) or paying retirement insurance (social security)?The purpose of any government is the welfare of its people and right now the inefficiencies in US healthcare have created a self-reinforcing economic burden upon the country. I think that, as a fix, this is an acceptable option.
December 20, 2009 at 12:40 PM #495961urbanrealtorParticipantI don’t think health care is a right.
However, basic survival-oriented and educational public goods are a practical necessity in non-poor countries.
To that extent, it is a government responsibility.
I also think that increasing the efficiency of the distribution of public goods is a responsibility.
Right now we have universal health care.
Anybody showing up at an ER in the US gets treated regardless of income.
That is universal, often publicly subsidized, and very inefficient.
People in this country can’t really starve either.
The only people who starve here are people who have some true disability (like mental illness) or actually desire to starve (like supermodels).
We just make it uncomfortable to live on the dole (fill out these 6 forms then stand in a line for a an hour and then you get 2 loaves of bread and a brick of cheese).
Just as there is no real option for letting poor people starve, there is no real option for letting injured and sick people die for lack of cash.Therefore, this is really about the following issues:
-how to minimize outlays from government and institutions currently providing that inefficient health care (thus improving the bottom line of hospitals, government entities, and other payers)
-about how to minimize personal bankruptcies (or just general financial burden) associated with insufficient coverage (thus improving global consumer effective demand)
-giving US companies a comparative advantage over their foreign competitors who enjoy more efficient and/or subsidized healthcare (part, though only part, of the reason our companies are currently seeing waning competitiveness)Also, to Allan’s concern about authoritarianism in the form of required insurance:
1: How is representative democratic legislation “authoritarian”?
2: How is this different from being required to pay unemployment insurance (or having that as an employer-cost associated with you) or paying retirement insurance (social security)?The purpose of any government is the welfare of its people and right now the inefficiencies in US healthcare have created a self-reinforcing economic burden upon the country. I think that, as a fix, this is an acceptable option.
December 20, 2009 at 12:40 PM #496343urbanrealtorParticipantI don’t think health care is a right.
However, basic survival-oriented and educational public goods are a practical necessity in non-poor countries.
To that extent, it is a government responsibility.
I also think that increasing the efficiency of the distribution of public goods is a responsibility.
Right now we have universal health care.
Anybody showing up at an ER in the US gets treated regardless of income.
That is universal, often publicly subsidized, and very inefficient.
People in this country can’t really starve either.
The only people who starve here are people who have some true disability (like mental illness) or actually desire to starve (like supermodels).
We just make it uncomfortable to live on the dole (fill out these 6 forms then stand in a line for a an hour and then you get 2 loaves of bread and a brick of cheese).
Just as there is no real option for letting poor people starve, there is no real option for letting injured and sick people die for lack of cash.Therefore, this is really about the following issues:
-how to minimize outlays from government and institutions currently providing that inefficient health care (thus improving the bottom line of hospitals, government entities, and other payers)
-about how to minimize personal bankruptcies (or just general financial burden) associated with insufficient coverage (thus improving global consumer effective demand)
-giving US companies a comparative advantage over their foreign competitors who enjoy more efficient and/or subsidized healthcare (part, though only part, of the reason our companies are currently seeing waning competitiveness)Also, to Allan’s concern about authoritarianism in the form of required insurance:
1: How is representative democratic legislation “authoritarian”?
2: How is this different from being required to pay unemployment insurance (or having that as an employer-cost associated with you) or paying retirement insurance (social security)?The purpose of any government is the welfare of its people and right now the inefficiencies in US healthcare have created a self-reinforcing economic burden upon the country. I think that, as a fix, this is an acceptable option.
December 20, 2009 at 12:40 PM #496430urbanrealtorParticipantI don’t think health care is a right.
However, basic survival-oriented and educational public goods are a practical necessity in non-poor countries.
To that extent, it is a government responsibility.
I also think that increasing the efficiency of the distribution of public goods is a responsibility.
Right now we have universal health care.
Anybody showing up at an ER in the US gets treated regardless of income.
That is universal, often publicly subsidized, and very inefficient.
People in this country can’t really starve either.
The only people who starve here are people who have some true disability (like mental illness) or actually desire to starve (like supermodels).
We just make it uncomfortable to live on the dole (fill out these 6 forms then stand in a line for a an hour and then you get 2 loaves of bread and a brick of cheese).
Just as there is no real option for letting poor people starve, there is no real option for letting injured and sick people die for lack of cash.Therefore, this is really about the following issues:
-how to minimize outlays from government and institutions currently providing that inefficient health care (thus improving the bottom line of hospitals, government entities, and other payers)
-about how to minimize personal bankruptcies (or just general financial burden) associated with insufficient coverage (thus improving global consumer effective demand)
-giving US companies a comparative advantage over their foreign competitors who enjoy more efficient and/or subsidized healthcare (part, though only part, of the reason our companies are currently seeing waning competitiveness)Also, to Allan’s concern about authoritarianism in the form of required insurance:
1: How is representative democratic legislation “authoritarian”?
2: How is this different from being required to pay unemployment insurance (or having that as an employer-cost associated with you) or paying retirement insurance (social security)?The purpose of any government is the welfare of its people and right now the inefficiencies in US healthcare have created a self-reinforcing economic burden upon the country. I think that, as a fix, this is an acceptable option.
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