Thursday, March 29, 2012
Obamacare Is a Big Scam
President Obama's healthcare reform isn't something that's intended to benefit the public. It benefits private insurance companies by forcing uninsured people to purchase private insurance. This is supposed to help keep healthcare costs down by having everyone have insurance. According to this theory, hospitals would be helped out as they would no longer have bills from people they couldn't pay. According to this theory, insurance premiums would go down if everyone paid insurance. But every time more money is available to the general public, the price of everything goes up. Requiring everyone to pay into private insurance will likely cause healthcare prices to increase. Hospitals and pharmaceuticals have no incentive to lower price as it is. With Obamacare in place, they would raise prices even higher. The other big problem with this is the constitutionality of it. The government is forcing an individual to do business with a private company. There is no other precedent. Automobile insurance cannot be compared to this because you are not required to have a car, though you are required to have automobile insurance if you have a car. Those who don't have cars are not being forced to pay into the automobile insurance business. The federal government has no right to force you to do business with a private company. There is no statue in the US constitution that gives Congress the authority to pass a bill specifically requiring that you buy a particular service. Lets hope the Supreme Court rules this provision of Obamacare unconstitutional. Another problem with this is lets face, it insurance companies are profitable only if most of their customers are almost never sick. Truly sick people private insurance companies simply find ways to get rid of and put on medicare or medicaid. It should be up to the individual to determine whether or not they need health insurance. Many comparatively healthy people, who may not make much money, would be forced to effectively subsidize the severely ill and hypochondriacs. I remember when as a student I had to buy private health insurance. Student insurance is a goldman for insurance companies. Students tend to be pretty healthy people (a really sick person can't stick to an university schedule) and they are too busy to be hypochondriacs. Ditto for people who work full time jobs. So if a job gives good insurance benefits, typically in most cases the insurance company knows that they won't use said benefits. Its really a small percentage of people that disproportionately use most medical resources. Its wrong to force the working poor and young people just starting their careers to pay for the sickest people. Its effectively making their lives more miserable by reducing the income that these working poor or young people have, and taking away their freedom of choice.