"Obamacare's Financial Unraveling; Predictable and Predicted"

Started Oct 9, 2013 | Discussions thread
vadimraskin Veteran Member • Posts: 3,596
Re: Government Cost vs Health Care Costs

Sante Patate wrote:

RBFresno wrote:

Obamacare's Financial Unraveling: Predictable and Predicted

Most of what the article says is either true or plausible. The point it ignores - deliberately, since this guy is too smart not to have noticed - is that the more the Government has to contribute so that people can get health insurance and care paid for by insurance, the more clearly the failure of the current system is demonstrated.

The argument goes like this: (a) there is an undisclosed gap in health care funding, and as a result it will cost too much to provide even the limited health insurance for most people proposed by Obamacare, and (b) once the system is in place there will be political pressure to spend more to provide less limited care for more people. This will increase the deficit. (We are left to assume increasing the deficit to fund health care is a bad thing, although the author does not tell us why - again, deliberately, because he is too smart not to know it isn't).

There are certainly inefficiencies in the ACA system, compared to a single-payer system, but they are much less than those in the current system. So, nearly all of the extra money the Government pays is going to provide health care - immunisations, and ante-natal care, and treatment of high blood pressure and diabetes. How is that a bad thing? What possible justification can there be not to do that - on economic grounds, if compassion is not enough reason?

I have one question: it seems to be that running this HUGE military machine with the budget that is running a deficit is perfectly fine with our esteemed friends  here but providing access to the health care to millions of people is not because it adds to the deficit? So we had started and fought two wats that were not paid for and cost us billions of money borrowed from China and it wasn't a "violation of the Constitution" but rather a heroic effort but financing medical care is viewed as a financial crime. How it is possible? Maybe GOP should de-fund Pentagon?

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