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Old 06-23-2011, 04:58 PM
wiphan's Avatar
wiphan wiphan is offline
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Originally Posted by Riot View Post
Um, no. There is no estimate whatsoever that "the insurance industry" will lose 800,000 jobs.

What was actually said, in the Congressional hearing that puts out the number you are quoting, where the CBO director spoke, was that 800,000 people, over the next 10 years, will no longer have to work just to afford their insurance, and that they may choose to not continue working.


No that is not what I said. The insurance companies will see a substantial loss of employment period

It should also be noted that 800,000 no longer having to work just to afford insurance means ... insurance will cost less for them. A good thing.



Most people won't experience a change in their insurance, but all will and already have experienced benefits. It is already better for everyone who is insured, as your insurance company will no longer be able to rescind you. You also no longer have a lifetime cap.

Two good things that affects everyone in a positive way.


[b]Who is going to pay for these benefits. Yes they both sound great I agree but someone is going to foot the [b]

The benefits of the PPACA affect everyone, whether they are in a group at work or a group of self-employed. Nearly all the PPACA are simply consumer protections from private insurance companies. No "government takeover of health care".



They do a pretty damn good job with Medicare. So good, that I think Medicare should be offered to everyone.


Yes, I do (both my parents) and those hoops are no different than what private insurance companies require - they are just specific to Medicare.
Another good thing from the PPACA is that it closes the donut hole for them. A big benefit.
I agree with the donut hole thing, but Medicare is not better than my current insurance and definitely has some major issues
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Old 06-23-2011, 05:26 PM
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Riot Riot is offline
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Originally Posted by wiphan View Post
I agree with the donut hole thing, but Medicare is not better than my current insurance and definitely has some major issues
Medicare is worse than some, and better than some, private insurance policies. The point, and the reason it exists, is that it insures people (old, sick) that no private insurance company would. Medicare was created for a reason - and that reason (old sick people need insurance and private companies won't insure them) hasn't disappeared and will not.

I think buying into Medicare should be offered to any and all Americans. Don't declare a single payer, let the market decide.

Let private insurance companies compete with that offered plan, at that price.

That probably would lose thousands of insurance company jobs (which is why we don't have single payer in this country - the insurance company lobby)

PPACA is helping people that are not insured now. Why people who are insured hate that is beyond me - because we are currently paying, through our insurance and medical costs, for those uninsured now. I'd much rather they have insurance, get better medical care because they can afford it, and stop only being seen in crisis mode (expensive for us).

And the consumer protections for us who are insured are a good thing - not something to dislike. That's crazy!

Quote:
No that is not what I said. The insurance companies will see a substantial loss of employment period
How will the insurance companies will see a loss of employment? 30 million more people will now be insured by them (it's estimated 18 million additional have already been ensured) The private insurance companies certainly won't lose business, they are gaining it.

You'll notice the day the PPACA passed, insurance stocks went up - not down.
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