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Two things I didn't realize before the press conference:

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hedgehog Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-22-09 10:27 PM
Original message
Two things I didn't realize before the press conference:
1. Insurance company profits are going up.

2. Rising premiums are one reason wages have stagnated (although I should have realized that one!)
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-22-09 10:29 PM
Response to Original message
1. The profits going up makes me want to puke. Who are they trying to fool
with their access to the media? Its obvious they will fight any reform tooth and nail.
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TomCADem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-22-09 10:32 PM
Response to Original message
2. The Wage v. Increased Cost Of Benefit Issue Is Key!
As healthcare costs go up, a great portion of potential wages must go to healthcare benefits in order to maintain the same level of benefits.
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dflprincess Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-22-09 10:47 PM
Response to Original message
3. And the public option plan that, per the CBO will not be any cheaper
Edited on Wed Jul-22-09 10:47 PM by dflprincess
and will not be open to most of us for several years will change this how? Especially when you consider we will be required to purchase insurance from the private companies. I'm beginning to suspect the insurance companies wrote the House bill.

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hedgehog Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-22-09 11:18 PM
Response to Reply #3
7. Does that make sense? Everyone pays in , the government picks up
the tab if you can't afford it, you have the option of buying into a non-profit government plan and your fees aren't raised to compensate for those who have no insurance but need emergency care.
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John Q. Citizen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-23-09 02:11 AM
Response to Reply #7
10. Where do you get the option of buying into a non-profit plan? The CBO scored the bill
that passed out of 3 committees in the house and said that by 2019 10 million people would be enrolled. That's 3.5 per cent of thew country, a drop in the bucket. At no savings over private insurance.

Who pays for uninsured emergency care then? If the government does, then we do, through taxes or premiums.

And what happens if prices go up, since there is no cost containment. Are everyones benefits cut like is currently happening in MA?

How is this any different that Romney care?
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John Q. Citizen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-23-09 02:02 AM
Response to Reply #3
9. Several years? The CBO said 10 million enrolled people by 2019. That's what, less than
3.5% of the country after 10 years?

It's a joke.
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dflprincess Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-23-09 12:17 PM
Response to Reply #9
15. I missed that figure
the last I heard was 2013 (hence my "several"). That was bad enough but this thing gets worse the further you dig into it, doesn't it?

I nearly had apoplexy (but I can't afford to) this morning while listening to Stephanie Miller. Rep. Donna Edwards was on pushing the bill. What nearly drove me over the edge was that, at one point she said she had read the whole thing, then later mentioned that people can't afford private plans with $5,000 annual out of pocket expenses. If she actually read the (House) bill she would have seen that a single person making more than $43,000 would a have maximum out of pocket of $5K (over & above premium costs). Of course, in the bill it's now called "cost-sharing" so maybe she didn't make the connection that it's the same thing, different name... As is pretty much the whole bill.

I just love the people who call in to shows extoling the virtues of the systems in other countries and the hosts agree with them - but never mention that this bill is a long, long way from any of those programs.
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John Q. Citizen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-23-09 02:27 PM
Response to Reply #15
17. 2013 is when the pool starts up but it starts with no one in it anbd there are barriers to getting
in.

So the CBO estimates that the pool might have as many as 10 million enrollees after 7 years
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dflprincess Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-23-09 09:01 PM
Response to Reply #17
18. A lousy 10 million by 2019 is not acceptable
haven't it been implied that the 45-50 million who are currently uninsured could get into it quickly - in fact would be the first ones in?

This whole thing really is a bait and switch scam.

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John Q. Citizen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-23-09 09:04 PM
Response to Reply #18
19. As currently written, yes it is bait and switch.
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-22-09 10:55 PM
Response to Original message
4. Kick for
new info.
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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-22-09 11:15 PM
Response to Original message
5. Both were great points. # 2 really stuck with me.
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-22-09 11:18 PM
Response to Original message
6. yes the sooner insurance companies leave the better
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bleever Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-22-09 11:38 PM
Response to Original message
8. That was dynamite.
He nailed that piece right up on the insurance industry's door.

Hell yeah, the private health insurance corporations have a right to play. But they also have to be able to compete. Otherwise, they can find something else to do.
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Lorax7844 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-23-09 02:34 AM
Response to Reply #8
11. kick kick kick
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Lorax7844 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-23-09 02:51 AM
Response to Reply #11
12. and rec'd too
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JBoy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-23-09 09:28 AM
Response to Original message
13. Here's a stat I just learned about insurance company profits:
The profits of U.S. health insurance companies are about the same as what the entire Canadian health care system costs (to cover 31 million people).
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-23-09 09:56 AM
Response to Original message
14. Kick
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Lorax7844 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-23-09 01:46 PM
Response to Reply #14
16. kick kick kick
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