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Old June 6th, 2017, 09:58 PM   #1
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A Healthcare: "Insurance" Now Just Means Redistribution

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The price controls reform proposals incorporate are also about income redistribution, rather than health insurance. Say that my age makes my actuarial risk six times that of my students. If, as Obamacare required, I could not be charged more than three times what they were, that does not reflect actual risks. Obamacare regulations simply force the young to subsidize the old. That rip-off of the young also explains why Obamacare threatened them with a penalty to force them to accept that bad "insurance" deal.

The mandate that insurance cover pre-existing conditions shows even more clearly that “reforms” were not really about insurance. Rather than pooling those with similar circumstances and risks, allowing the law of large numbers to reduce people’s exposure, it forces others to subsidize those who are already sick, while misdirecting their blame from government requirements to insurance companies who must charge others more to pay for them. Those sorts of after-the-fact possibilities are not offered in fire, automobile or life insurance. Similarly, casinos don’t let you bet once the roulette ball has stopped or the dice are still. Only government mandates can create such windfalls through health insurance.

In addition, if health insurance reform truly aimed to benefit all Americans — rather than benefiting some by the intentional pick-pocketing of others — it would not have been “marketed” with so many lies, damned lies and statistics (See my article “Comparing Obamacare scams.”). Honesty would have sufficed if reform did what was being promised.

The health insurance debate has been so contentious in part because it has allowed massive income redistribution to be misrepresented as about overcoming market failures in health insurance. It helped sell Obamacare dishonestly and now portrays reducing massive theft from government targets as imposing heartless harm on others. Such misrepresentation may be able to produce misinformed political support, but it cannot generate policies that advance Americans’ general welfare.

https://mises.org/blog/healthcare-in...redistribution
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Old June 12th, 2017, 06:29 PM   #2
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What's wrong with redistribution of wealth?
That's what an economic system is supposed to do, move wealth around.
What we have is a rigged system that redistributes wealth from the many to the few.
Property is an invention to redistribute wealth to the few.
The best way to finance health care, is for the government to handle it.
That's the way it works in those places with the most efficient health care systems.
In the US we have a wealth redistribution scheme designed to milk the middle class for the benefit of the top 0.1%.
ObamaCare was never going to be the end game, it was just a step away from a death spiral, to something that was slightly more sustainable, but eventually it leads to single payer and then to government run health care.
That's inevitable, it's the only way to afford health care, in the long run.
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Old June 12th, 2017, 07:20 PM   #3
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More reasons to seperate the states. We need to lump all of the collectivist together so their parasitic economic theories can only effect them.
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Old June 12th, 2017, 07:24 PM   #4
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The Party that claimed that 9 months worth of hearings and 127 Republican amendments was rushing healthcare legislation through, is the same Party that refuses to hold public hearings or allow amendments to healthcare legislation that will effect 1/6 of our economy. The Republican Party lacks all credibility. They damage America.
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Old June 12th, 2017, 08:06 PM   #5
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Medicare for all is the answer. Everyone knows this. Even those on the right. They are just wanting to scream the same old tired rhetoric of socialism and gubbermint ran health care. Without even pausing to think how medicare works.
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Old June 12th, 2017, 08:12 PM   #6
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Quote:
Originally Posted by goober View Post
What's wrong with redistribution of wealth?
That's what an economic system is supposed to do, move wealth around.
What we have is a rigged system that redistributes wealth from the many to the few.
Property is an invention to redistribute wealth to the few.
The best way to finance health care, is for the government to handle it.
That's the way it works in those places with the most efficient health care systems.
In the US we have a wealth redistribution scheme designed to milk the middle class for the benefit of the top 0.1%.
ObamaCare was never going to be the end game, it was just a step away from a death spiral, to something that was slightly more sustainable, but eventually it leads to single payer and then to government run health care.
That's inevitable, it's the only way to afford health care, in the long run.
I love hearing about the 1%. It finally dawned on me one day why the left loves to talk about the 1% and redistribution of their wealth. Because if the left actually talked about who really has the wealth and wanting to confiscate that wealth they would never win an election again.
The truth is the wealth is in the hands of retired and soon to retire baby boomer generation. My generation has the lions share of the wealth. The 1% is just a convenient cover story. You want to redistribute wealth? Then go take it from Grandpa, he has all the money
https://dqydj.com/the-net-worth-of-d...ps-in-america/
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Old June 13th, 2017, 01:33 PM   #7
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ALL insurance needs to disappear. The welfare of the people is the job of the government. Not the job of those who can afford insurance coverage. And even then, the number of people who have had their claims denied for some BS reason dug up from their deep past medical history is legion. Universal health care is the only way to go.
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