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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsObamacare Protects the Free Market: Why Repealing It Would Mean a Return to Socialism
Obamacare Protects the Free Market: Why Repealing It Would Mean a Return to SocialismBenjamin Feinblum in Politics, 2012 Elections 8 hours ago
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...Polls show high approval of most individual parts of the law. When asked about the entire law together people hate it. Political misinformation campaigns have convinced people that socialism is taking over America.
I will address the socialism argument first and then address some of the other critics concerns.
...Where did we come from before the ACA? And where are we now?
Prior to the Affordable Care Act the costs of uninsured free riders skipping their medical bills were socialized. Rather than going bankrupt, hospitals increase the prices for the insured. Hospitals split the losses with the government. The government then taxes you higher to socialize the losses.
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Repeal of the Affordable Care Act is a call for a return to that socialist system.
Socialism is - a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, or capital, land., in the community as a whole. (Dictionary.com)
The ACA ends the spreading of costs for unpaid bills through the community (socialism) to you that led to higher health insurance payments and higher taxes. It does this by using a method that Mitt Romney pioneered as governor of Massachusetts, which now has 98% of its residents insured. Romney even ran his first presidential campaign on his method for fixing the free rider problem. ..
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...So should we repeal Obamacare?
Only if you want a return to the free rider problem that socializes the costs and makes you pay for the uninsured.
Only if you want to lose the Patient's Bill of Rights. If you want insurance companies to be able to drop your coverage when you get sick.
Only if you want 2500 pages of things that benefit you removed.
Only if you want the inefficient Medicare Advantage socialist program put back into place.
Only if you want the deficit to add 100 billion dollars more over this decade that the Affordable Care Act saves.
Repealing the Affordable Care Act is a return to socialism that I don't support...
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MUST READ: http://www.policymic.com/articles/10565/obamacare-protects-the-free-market-why-repealing-it-would-mean-a-return-to-socialism
vaberella
(24,634 posts)Although I it misrepresents socialism.
eridani
(51,907 posts)In health care, "free" markets mean mass murder, period.
Eikers
(11 posts)Being a Norwegian having lived all my life with a universal tax financed health coverage, the thought of making a universal insurance based health care sounds frankly speaking rather nuts to me.
From my experience with insurance companies in general they are an unlikely mean of cutting costs for the customer. Since the main purpose of any insurance company is making money, they are generally reluctant to reducing their turnover and profit potential. They rather throw in a little more coverage than offering a less expensive insurance. Normally they tend to like having you buy the same insurance as last year for the same price adjusted for inflation.
Also I find the prices for US health insurances to be incredibly steep. I read elsewhere that the premium for a family of four is now at an incredible $20,000 a year. Allow me to compare a little. Norway has a GDP per capita of about 105% of that of the US. A Norwegian family of four would contribute financing health care through tax. For a one salary low income family that starts off at about $2,000 per year. A two salaries average income family contributes about $6,200 (out of a $133,000 household income). This pays for GI's, specialists, hospitals, recovery centers and local nursing homes or services for the elderly. Premium services can be added through voluntary insurance. Residents not paying income taxes for some reason are still fully covered.
I agree with the comments on socialism made in the article. To me the ACA seems more like some extreme handout to corporates within the health industry.