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So, the solution, is for government to pass legislation that caused insurance rates to go even higher and then force people to buy health insurance?
Yeah! I'm pumped!
the raison d'etre for obamacare was to reverse the cost trajectory
otherwise, why so radically redraw 1/6 of the united states economy?
Because more than half of all bankruptcies filed in the United States are medical related. I believe the President said it best, "the last thing you should be worried about is whether you’re going to go broke or make your parents broke just because you get sick.".
Where did you get that information and how many of those people had an opportunity to have healthcare but chose not to participate or failed to sign up for available services? As I recall the number of individuals who declared bankruptcy was around 1.6 million so 800,000 or so declared bankruptcy because of medical expenses. No one knows how many of those 800,000 had access to insurance but chose not to participate. Doesn't stop you from using that number however to promote your cause. how any libertarian can support a massive govt. program like this healthcare program is beyond comprehension.
Illness or medical bills contributed to 62.1% of all personal bankruptcies in 2007, with 57.1% of the entire sample (92% of medical bankruptcies) having high medical bills. Among recent homeowners (as compared to all debtors) who were medically bankrupt, 34.7% had medical bills that exceeded either $5000, or more than 10% of annual family income.
Again, the President said it masterfully.
senator barack obama, jan 13, 2006: raising the debt ceiling is "a sign of failed leadership"
Dems, GOP jockey over debt ceiling - Jonathan Allen and Jake Sherman - POLITICO.com
The real vote is on the annual budget.
senator barack obama, jan 13, 2006: raising the debt ceiling is "a sign of leadership failure"
Dems, GOP jockey over debt ceiling - Jonathan Allen and Jake Sherman - POLITICO.com
the party punted its responsibility of proposing a blueprint for 2010
Dems won
that's why we had to get by with all those stopgap appropriations, the last one being reid's ugly omnibus which he too surrendered
Democrats concede budget fight to Republicans - David Rogers - POLITICO.com
How about answering the question, how many of those that filed bankruptcy chose not to participate in insurance programs available to them?
In a country of 308 million what percentage is 800k? You would create a Federal Monstrosity to cover 800K?
Robert Gibbs said Wednesday that Obama voted against it, knowing it would be approved without his vote.
In 2006, we were not in a deflationary recession.
if he's so concerned about medical bankruptcies why did his hhs surrender the elimination of the annual limit?
So soon do republicans forget. I support deficit spending in the current environment. However, it was really inexcusable to be running deficits from 2001(I think) to 2007. There was absolutely no economic reason to support it. The tax cuts to stimulate the economy by bush were a joke. By a typical definition of recession, the early 2000's "recession" does not even meet the criteria of 2 consecutive quarters of GDP loss.
Cost ceilings are the solution?
Goldenboy219;1059206931]I have no idea. The new legislation will force people on programs available to them!
These 800k force health care costs to rise. Reason be, if they declare bankruptcy, they no longer have to pay the hospitals and doctors who have performed the services. To mitigate this shortfall, hospitals and doctors raise prices on those who can afford to pay.
Amen brother.
How some people can condemn Keynesianism in one hand, and then turn a blind eye to it when it is implemented by their ideology, is totally beyond me.
Which I believe is unconstitutional in this country. The govt. doesn't have the right to force anyone to purchase health insurance and those that don't should face the consequences of their poor choice.
800000 spread over the nation is a drop in the bucket and ignores the total picture which you refuse to address. To insure those who cannot afford insurance doesn't require Obamacare and when the SC rules that the Govt. doesn't have the authority to force anyone to purchase healthcare insurance, the legislation will fail completely? MA is a perfect example of what is going to happen with Obamacare, suggest you research the results there.
A lot of those bankruptcies were suffered by people who did have insurance. Insurance (prior to the reform, at least) have a way of excluding "pre existing conditions", of dropping clients who become too costly, and of finding ways of delaying payments until it is too late.
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