Even More Obamacare Follies

#4,052
#4,052
Velo Vol said:
Health care reform is largely a misnomer because it's mostly health insurance reform.
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Disagree to an extent. I don't think you can have one without the other. Cost of healthcare here is really high for what you get. So insurance cost has to go up to compensate for that. But people without insurance don't pay their bill which causes the cycle to go up again. It's a viscous cycle.

As someone said earlier it really is the freeloaders that are causing the prices to go up on the first place. But you can just refuse healthcare to an individual especially in an emergency situation. So how do you fix it? Make sure everyone has insurance? Sounds familiar..
 
#4,053
#4,053
TNsnyper20 said:
Disagree to an extent. I don't think you can have one without the other. Cost of healthcare here is really high for what you get. So insurance cost has to go up to compensate for that. But people without insurance don't pay their bill which causes the cycle to go up again. It's a viscous cycle.

As someone said earlier it really is the freeloaders that are causing the prices to go up on the first place. But you can just refuse healthcare to an individual especially in an emergency situation. So how do you fix it? Make sure everyone has insurance? Sounds familiar..
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The taxpayer is at the tipping point ... Which would be great to reset in which everyone pays taxes and level sets the cost structures of these programs
 
#4,054
#4,054
Biopsyman said:
The taxpayer is at the tipping point ... Which would be great to reset in which everyone pays taxes and level sets the cost structures of these programs
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I'm on board with tax reform and other reforms as well. Government reform among them. But to your point... I agree.
 
#4,056
#4,056
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#4,057
#4,057
TNsnyper20 said:
"A universal single-payer system for the entire health-care system would have reduced overhead by $375 billion in 2012, according to one recent estimate."

This is what the story goes on to suggest. This is what Canada has. Not that I'm against a single payer system... But are you for it?
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No but I knew from day one this is what we are going to move towards.
 
#4,064
#4,064
#4,065
#4,065
Vol8188 said:
What's wrong with the social security system? Seems like that would be a point in favor of a single payer system.
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So Social Security Is Going Broke? Yes. The disabled worker benefit fund will be exhausted in just four years (2017). The fund that gives benefits to retirees and their families will be exhausted in 2033. The CBO notes Congress could allow funds to be transferred from the retiree fund to the fund for the disabled to keep it going longer. If Congress were to take that action, both funds would be exhausted in 2031. - See more at: The Future of Social Security | 5 Things To Know | Bankrupting America | Government spending and waste in Washington, DC are bankrupting America and increasing our national debt to nearly $17 trillion.
 
#4,066
#4,066
Carl Pickens said:
So Social Security Is Going Broke? Yes. The disabled worker benefit fund will be exhausted in just four years (2017). The fund that gives benefits to retirees and their families will be exhausted in 2033. The CBO notes Congress could allow funds to be transferred from the retiree fund to the fund for the disabled to keep it going longer. If Congress were to take that action, both funds would be exhausted in 2031. - See more at: The Future of Social Security | 5 Things To Know | Bankrupting America | Government spending and waste in Washington, DC are bankrupting America and increasing our national debt to nearly $17 trillion.
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SS is not in anyway bankrupting this country. It's actually a net positive, having very few years where it's been in the negatives. The only issue SS has is congress stealing from it.

Trust Fund Data

They actually have only had 10 years since 1957 where expenses have exceeded receipts. And that last occurred in 1981.
 
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#4,067
#4,067
Vol8188 said:
SS is not in anyway bankrupting this country. It's actually a net positive, having very few years where it's been in the negatives. The only issue SS has is congress stealing from it.

Trust Fund Data

They actually have only had 10 years since 1957 where expenses have exceeded receipts. And that last occurred in 1981.
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It all a move to lift the yearly CAP on contributions. Dems want 6.25% on all earning not just the first 118K only
 
#4,068
#4,068
Vol8188 said:
SS is not in anyway bankrupting this country. It's actually a net positive, having very few years where it's been in the negatives. The only issue SS has is congress stealing from it.

Trust Fund Data

They actually have only had 10 years since 1957 where expenses have exceeded receipts. And that last occurred in 1981.
Click to expand...

Social Security On Track to Go Broke, Says CBO - Hit & Run : Reason.com

The so called "trust fund" (really, just a federal line item) will let the federal government keep its promises in terms of both Disability Insurance (DI) and Old-Age and Survivors Insurance (OASI) for a while, but the day of reckoning is getting awfully close, in terms of entitlements just crowding everything else out of the budget.

CBO projects that under current law, the DI trust fund will be exhausted in fiscal year 2017, and the OASI trust fund will be exhausted in 2032. If a trust fund's balance fell to zero and current revenues were insufficient to cover the benefits specified in law, the Social Security Administration would no longer have legal authority to pay full benefits when they were due. In 1994, legislation redirected revenues from the OASI trust fund to prevent the imminent exhaustion of the DI trust fund. In part because of that experience, it is a common analytical convention to consider the DI and OASI trust funds as combined. Thus, CBO projects, if some future legislation shifted resources from the OASI trust fund to the DI trust fund, the combined OASDI trust funds would be exhausted in 2030.
Which is to say, the system is still consuming an ever greater take of the federal budget, and costing far more than we can afford
 
#4,069
#4,069
Carl Pickens said:
Obamacare sends health premiums skyrocketing by as much as 78 percent - Washington Times

Now There Can Be No Doubt: Obamacare Has Increased Non-Group Premiums In Nearly All States - Forbes

The Obama administration conceded that health insurance premiums on federal Obamacare exchange HealthCare.gov are rising in 2015 — but proposed that customers deal with the problem by again getting rid of their plans
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I'm on mobile.. But from the looks of this report it focused only on non group premiums. So it excludes anyone who has insurance through a group or employer group system. Am I right on this?
 
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#4,070
#4,070
S.S. woes are tied to the fact that we have a growing proportion of old people.

How is that the fault of program administration?
 
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#4,071
#4,071
Carl Pickens said:
Social Security On Track to Go Broke, Says CBO - Hit & Run : Reason.com

The so called "trust fund" (really, just a federal line item) will let the federal government keep its promises in terms of both Disability Insurance (DI) and Old-Age and Survivors Insurance (OASI) for a while, but the day of reckoning is getting awfully close, in terms of entitlements just crowding everything else out of the budget.

CBO projects that under current law, the DI trust fund will be exhausted in fiscal year 2017, and the OASI trust fund will be exhausted in 2032. If a trust fund's balance fell to zero and current revenues were insufficient to cover the benefits specified in law, the Social Security Administration would no longer have legal authority to pay full benefits when they were due. In 1994, legislation redirected revenues from the OASI trust fund to prevent the imminent exhaustion of the DI trust fund. In part because of that experience, it is a common analytical convention to consider the DI and OASI trust funds as combined. Thus, CBO projects, if some future legislation shifted resources from the OASI trust fund to the DI trust fund, the combined OASDI trust funds would be exhausted in 2030.
Which is to say, the system is still consuming an ever greater take of the federal budget, and costing far more than we can afford
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Social security is not "costing far more than we can afford". It's funding itself, and other government projects when congress decides to steal from it. I just gave you the data on SS showing that it is not operating in the red. Nor has it done so since 1981. So how is it costing more than we can afford?
 
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#4,072
#4,072
Velo Vol said:
S.S. woes are tied to the fact that we have a growing proportion of old people.

How is that the fault of program administration?
Click to expand...

It's also not had any actual issues with funding. Yet republicans have been claiming its running dry for decades now (while simultaneously stealing large sums from it)
 
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#4,073
#4,073
Vol8188 said:
It's also not had any actual issues with funding. Yet republicans have been claiming its running dry for decades now (while simultaneously stealing large sums from it)
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You are sniffing the chlorine for the pool aren't you?

It's ok, we all try it once.
 
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