Bread and circuses in health insurance: The Affordable Care Act

That’s what it is, an act.

It is so difficult to communicate with the American public about universal healthcare coverage, particularly those who feel they have been deprived of medical for lack of funds.  The whole effort to provide health insurance coverage for uninsured was a ruse pulled off by the insurance industry in league with politicians.

How does a country that is massively in debt (broke) expand public programs to cover millions more people with health insurance? Answer: it does that on the backs of young healthy workers who don’t need health insurance at this time in their lives and forces them to buy health insurance that will pay for those who don’t qualify for Medicaid. If you are one of those young Americans you are forced to buy health insurance instead of getting your adult life started by buying a car or getting an education.  Americans haven’t a clue.

While more people now have health insurance, efforts to herd Americans into health exchanges also ended up recruiting a lot of people who were eligible to enroll in Medicaid. More than 15 million more Americans are now enrolled in Medicaid and on the public dole, bringing the total Medicaid enrollment to 72 million. [ACA Signups] This raised healthcare costs by $136 billion. [Modern Healthcare] These people are being provided with medical care on borrowed money.

You don’t see doctors and hospitals complaining about the ACA since they just cashed in big time — $136 billion of added business, again, on borrowed money.

You can equate health insurance with health. The uninsured clamor for the healthcare coverage that wealthier families have, but are they any healthier once they are covered by the Affordable Care Act? (Answer: no).  Under the ACA, doctors, hospitals and drug companies get paid.  So it’s a give away to them.  This is revealed in a recent article in the Los Angeles Times.

As an executive for Aetna insurance company stated: “If we were to go out and buy those (1.2 million) members, it would cost us somewhere around $1.2 billion to acquire them,” he said. “If we were to build out 15 markets, it would cost us somewhere between $600 million to $750 million to enter those markets and build out the capabilities necessary to grow that membership.” Those figures were a lot higher than the losses Aetna expected to incur in the first years of the program. “So we see this as a good investment.” [LA Times Aug 5, 2016]  By the force of law, health insurers didn’t have to spend money on rustling up new customers, it just forced them by law to buy.  In political terms, that is called fascism.

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