Without a public option, it will be more of the same price-fixing of insurance by the insurance collective monopolies. Even though insurance companies spend a lot of money advertising on T.V. that their company has the lowest rates (which they all say) if you look at their rate cards, there is not a dimes worth of difference.
In order to bring about competition within the insurance industry, the government needs to pay all claims over $8,000.00 since the average stay in a hospital is only about $8,000.00. Not having to worry about large claims – even small companies, churches, and any kind of organization with members could self-insure. This would definitely give the insurance companies competition which they do not have and will never allow.
• WHAT IS A COLLECTIVE MONOPOLY?
A COLLECTIVE MONOPOLY IS ONE OF FEWER THAN TEN CORPORATIONS WHICH CONTROL MORE THAN 90 % OF A COMMODITY OR SERVICE. EXXON MOBIL, WALMART SUPERMARKETS, AND BANK OF AMERICA ARE GOOD EXAMPLES: BIG OIL, BIG FOOD AND BIG BANK.
HEALTH CARE SYSTEM: Since the average health care claims run under $8,000.00, the Federal Government could pay all claims over $8,000.00 for only 16 billion dollars per 1 trillion dollars of total health care cost. Without having to worry about claims for over $8,000.00, small businesses and small organizations could self-insure which would put real competition in the insurance industry where none now exist. THIS WILL LEAD TO A SINGLE PAY UNIVERSAL HEALTH CARE SYSTEM. Obama Care is a giant step toward Universal Health Care. Paying all claims over $8,000.00 is the next step. Public enterprise has as much right to exist as does private enterprise. All the Government wants and needs to do is provide the money to pay for health care. The Government doesn’t want to own doctors or hospitals. It just wants to make sure doctors and hospitals get paid. The last thing that Government wants or needs to do is take over doctors and hospitals. A poor argument made by those who oppose Universal Health Care.
REACH JIM CARROLL 865-470-2610 Visit http://www.internetfreepress.com