OBAMA IS AN IDIOT
Obamacare is guaranteed to raise health care costs more than anything else. Here is what is wrong with it:
- It is based on insurance. Insurance raises health care prices by taking supply and demand pricing out of
the market.
- There is nothing to control how much doctors and medical facilities charge. There are cases where the
doctor charges $75 and the medical facility charges $600 per office visit. Medical prices are outrageous.
- The plan requires people to buy health insurance, whether they can pay for it or not. This raises the
price of health insurance. And any government subsidy for those unable to afford health insurance probably has the
typical Democrat greed of requiring people to spend down such assets as an owned home, life insurance, and pension
accounts, leaving these people destitute.
- The only reason Democrats want this is it is egalitarian. But egalitarianism doesn't pay the bills.
Doctors love this plan, because it makes them even richer. Obviously, they contributed to get this. Democrats
usually abhor the rich.
Obamacare does not stand up to economic analysis. This plan is destined to fail, bankrupting the economy in the
process.
The US will never come out of recession as long as this plan is law.
THE MEDICAL SCAM
The medical profession is running a greedy scam to take as much money as they can:
- They won't quote prices before doing the work.
- They always find ways to tack on more charges.
- Some equipment manufacturers demand royalty payments for each use of the equipment.
- They charge for an entire box of supplies, even though only a few items were used.
- Doctors band together in monopolistic cartels, so they can charge more.
- They charge more for uninsured patients than they do for insured patients.
- They practice featherbedding - Several people now do what the doctor himself used to do.
- They charge for use of the building.
- They limit the number of doctors through the AMA, so they can charge higher fees.
- They charge amounts several times a monthly salary, and expect to be paid immediately.
All of these activities are wrong. They must be investigated and abolished.
INSURANCE VS LOW-COST CLINICS
The economic effects of insurance, compared with the effects of subsidized clinics:
- Insurance lets doctors set a high "going rate." This raises the price of medicine.
- Subsidized clinics provide competition, bringing the price of medicine down.
- Insurance companies demand a volume discount, raising prices for the uninsured.
- Subsidized clinics pay doctors more than they charge, lowering the price for the uninsured.
- Doctors band together in monopolistic cartels, so they can charge insurance companies more.
- Subsidized clinics remove the monopoly effects of doctor cartels.
- Insurance lets clinics charge for use of the building. Subsidized clinics don't do this.
Insurance always raises the price of medicine. Low-cost clinics always lower it.