Thoughts on the passage of the health care bill?

[Anonymous]

Insurance does not necessarily raise healthcare costs. In many ways it lowers them. HMOs and PPOs can lower costs because they have bargaining power that individual consumers would never have (unless everyone wasted a lot of time/energy shopping around for rates every time they needed care or drugs.)

One can’t put their “insurance fund” in the S&P500 and then assume that they will get the historical average rate of return.

You don’t know when you are going to need it. It has to be liquid. Just look at the chart for the SP&P 500 after the last 15 years or so. Better be sure you get sick at one of the peaks.

And like another posted mentioned, insurance rates were much lower 20 years ago. Which means the plan is even less feasible. Even adjusting for inflation. There’s just no way one could accumulate $700k in 20 years, in a liquid account, simply by skipping insurance premiums.

So how exactly did you accumulate this money? Because if it was more than just not paying premiums, then it’s not really “self insuring.”

But the interesting question is this: what happens to the self insured person that gets sick or hurt early in their plan?

It’s not a plan. It’s a gamble. If it happened to work for someone, they are lucky, not smart.

[svelte]

[quote=Zeitgeist]I guarantee you, your costs are going up, not down. Please enjoy writing the check for those poor 30 million you and that idiot who signed the bill talk so much about. You all deserve each other.[/quote]

The implication in your statement is that costs would NOT go up had the healthcare bill not passed.

Look at the health cost increases for the last 20 years, my friend. Costs were going to go up anyway. Hopefully with this new law, they will go up less.

And are you under the illusion that you are not ALREADY paying for the healthcare of the 30 million poor, since they can’t pay their health bills at the present time? Amazing.

[svelte]

[quote=Zeitgeist]I guarantee you, your costs are going up, not down. Please enjoy writing the check for those poor 30 million you and that idiot who signed the bill talk so much about. You all deserve each other.[/quote]

The implication in your statement is that costs would NOT go up had the healthcare bill not passed.

Look at the health cost increases for the last 20 years, my friend. Costs were going to go up anyway. Hopefully with this new law, they will go up less.

And are you under the illusion that you are not ALREADY paying for the healthcare of the 30 million poor, since they can’t pay their health bills at the present time? Amazing.

[svelte]

[quote=Zeitgeist]I guarantee you, your costs are going up, not down. Please enjoy writing the check for those poor 30 million you and that idiot who signed the bill talk so much about. You all deserve each other.[/quote]

The implication in your statement is that costs would NOT go up had the healthcare bill not passed.

Look at the health cost increases for the last 20 years, my friend. Costs were going to go up anyway. Hopefully with this new law, they will go up less.

And are you under the illusion that you are not ALREADY paying for the healthcare of the 30 million poor, since they can’t pay their health bills at the present time? Amazing.

[svelte]

[quote=Zeitgeist]I guarantee you, your costs are going up, not down. Please enjoy writing the check for those poor 30 million you and that idiot who signed the bill talk so much about. You all deserve each other.[/quote]

The implication in your statement is that costs would NOT go up had the healthcare bill not passed.

Look at the health cost increases for the last 20 years, my friend. Costs were going to go up anyway. Hopefully with this new law, they will go up less.

And are you under the illusion that you are not ALREADY paying for the healthcare of the 30 million poor, since they can’t pay their health bills at the present time? Amazing.

[svelte]

[quote=Zeitgeist]I guarantee you, your costs are going up, not down. Please enjoy writing the check for those poor 30 million you and that idiot who signed the bill talk so much about. You all deserve each other.[/quote]

The implication in your statement is that costs would NOT go up had the healthcare bill not passed.

Look at the health cost increases for the last 20 years, my friend. Costs were going to go up anyway. Hopefully with this new law, they will go up less.

And are you under the illusion that you are not ALREADY paying for the healthcare of the 30 million poor, since they can’t pay their health bills at the present time? Amazing.

[svelte]

One European persective….the US has finally progressed to the 20th century. I guess we have a way to go yet to reach the 21st…

http://news.yahoo.com/s/time/20100324/wl_time/08599197442400

[svelte]

One European persective….the US has finally progressed to the 20th century. I guess we have a way to go yet to reach the 21st…

http://news.yahoo.com/s/time/20100324/wl_time/08599197442400

[svelte]

One European persective….the US has finally progressed to the 20th century. I guess we have a way to go yet to reach the 21st…

http://news.yahoo.com/s/time/20100324/wl_time/08599197442400

[svelte]

One European persective….the US has finally progressed to the 20th century. I guess we have a way to go yet to reach the 21st…

http://news.yahoo.com/s/time/20100324/wl_time/08599197442400

[svelte]

One European persective….the US has finally progressed to the 20th century. I guess we have a way to go yet to reach the 21st…

http://news.yahoo.com/s/time/20100324/wl_time/08599197442400

[Zeitgeist]

I could care less what Europe thinks. That’s why we had a war of independence.

It is such a well put together piece of legislation here is another problem:

WASHINGTON (AP) — Hours after President Barack Obama signed historic health care legislation, a potential problem emerged. Administration officials are now scrambling to fix a gap in highly touted benefits for children.

Obama made better coverage for children a centerpiece of his health care remake, but it turns out the letter of the law provided a less-than-complete guarantee that kids with health problems would not be shut out of coverage.

http://finance.yahoo.com/news/Gap-in-health-care-laws-apf-4272209396.html?x=0&.v=1

[Zeitgeist]

I could care less what Europe thinks. That’s why we had a war of independence.

It is such a well put together piece of legislation here is another problem:

WASHINGTON (AP) — Hours after President Barack Obama signed historic health care legislation, a potential problem emerged. Administration officials are now scrambling to fix a gap in highly touted benefits for children.

Obama made better coverage for children a centerpiece of his health care remake, but it turns out the letter of the law provided a less-than-complete guarantee that kids with health problems would not be shut out of coverage.

http://finance.yahoo.com/news/Gap-in-health-care-laws-apf-4272209396.html?x=0&.v=1

[Zeitgeist]

I could care less what Europe thinks. That’s why we had a war of independence.

It is such a well put together piece of legislation here is another problem:

WASHINGTON (AP) — Hours after President Barack Obama signed historic health care legislation, a potential problem emerged. Administration officials are now scrambling to fix a gap in highly touted benefits for children.

Obama made better coverage for children a centerpiece of his health care remake, but it turns out the letter of the law provided a less-than-complete guarantee that kids with health problems would not be shut out of coverage.

http://finance.yahoo.com/news/Gap-in-health-care-laws-apf-4272209396.html?x=0&.v=1

[Zeitgeist]

I could care less what Europe thinks. That’s why we had a war of independence.

It is such a well put together piece of legislation here is another problem:

WASHINGTON (AP) — Hours after President Barack Obama signed historic health care legislation, a potential problem emerged. Administration officials are now scrambling to fix a gap in highly touted benefits for children.

Obama made better coverage for children a centerpiece of his health care remake, but it turns out the letter of the law provided a less-than-complete guarantee that kids with health problems would not be shut out of coverage.

http://finance.yahoo.com/news/Gap-in-health-care-laws-apf-4272209396.html?x=0&.v=1

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