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Author: SeattlePioneer Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19257  
Subject: Re: How free gov't health care really works Date: 2/12/2009 10:15 AM
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<<In political discussions it is common to claim that the opposite plans to do "X." When in fact they have made no such statements. This is a device for spreading fear of change. Political arguements need not be based on fact. They may be based on all sorts of garbage. It becomes important to sort these things out when we can.
>>


Speculation about where a political program is likely to go over time is certainly a reasonable thing to do when evaluating political options. And of course government healthcare proposals do that as well, implicitly assuming that they will go on forever despite the fact that they are usually underfunded and vulnerable to collapse, while private medical insurance is usually required to have substantial reserves to cover liabilities.

Medicare started out paying health care providers more or less what they asked, and then in 1980 funding was cut sharply so that access to care became problematic and health care providers often had to subsidize Medicare patients from more generous funding from private paying patients. Medicaid often the same thing, only worse.

The funding for government health care is often unstable and inadequate, as the stupefying unfunded liabilities of Medicare illustrate. Perhaps you have Faith in such programs, but it's not the way I aim to organize my life.

In short, I much prefer spending $818/month for my individual health care insurance to any government health care proposal I've heard about, thank you very much.



Seattle Pioneer
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