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Thread: U.S. companies hoard record amount of cash

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by finebead View Post
    Those are not cherry picked stories, I just copied 5 consecutive from real people signed up on facebook (their timelines go back years, so they were not created for this exercise). You fail however to see the upside, you just complain about your personal experience. If you got an obamacare policy it is superior to the one that was cancelled, since that one, you could be dropped if the ins. company so chose. If you want your opinion to be respected, you will have to look at obamacare objectively, how it affects everyone, not just you.
    They are cherry picked stories and it's laughable that you got them from Facebook. It is also laughable that you think an obamacare policy would have been superior. The obamacare approved policy I was supposed to sign up for had a nearly 300% increase in the monthly premium and a 500% increase in the deductible. Yes...I could have signed up for a cheaper policy on the exchanges, however it would have still had the massively high deductible and a very shrunken network of doctors and hospitals. Nothing superior there. I was happy with the policy I had that Obamacare canceled.

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    Re: U.S. companies hoard record amount of cash


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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by ObamacareFail View Post
    Yes...we sure can....and with common sense reform based on market solutions as well as tort reform. We just need to make healthcare as affordable as it once was. For instance your individual plan....at least prior to obamacare would be much less expensive if there were not barriers to selling individual health insurance policies across state lines. Competition is what drives the prices down.
    i don't see the market solving the problem when they can charge you basically anything and you have to pay it. when my kids is seriously sick, i doubt that i'll ever say, "nope, that's too much. get bent." it's an essential service with inelastic demand. if my arm is broken, i'm going to the closest emergency room regardless of the cost. the price reflects that. selling insurance across state lines and tort reform will help a little, but not enough. i support doing what we can, though.

    anyway, we've been around this barn plenty of times already. we have a tiny bit of common ground on the issue, but not much. repeating ourselves again probably isn't going to resolve our differences on this issue.

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by ObamacareFail View Post
    They are cherry picked stories and it's laughable that you got them from Facebook. It is also laughable that you think an obamacare policy would have been superior. The obamacare approved policy I was supposed to sign up for had a nearly 300% increase in the monthly premium and a 500% increase in the deductible. Yes...I could have signed up for a cheaper policy on the exchanges, however it would have still had the massively high deductible and a very shrunken network of doctors and hospitals. Nothing superior there. I was happy with the policy I had that Obamacare canceled.


    There are 25 million stories like that.
    "Small people talk about people, average people talk about events, great people talk about ideas" Eleanor Roosevelt

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by ObamacareFail View Post


    Truth:

    https://www.youtube.com/watch?v=wmtaCZmzKWo
    "Small people talk about people, average people talk about events, great people talk about ideas" Eleanor Roosevelt

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by Helix View Post
    i don't see the market solving the problem when they can charge you basically anything and you have to pay it. when my kids is seriously sick, i doubt that i'll ever say, "nope, that's too much. get bent." it's an essential service with inelastic demand. if my arm is broken, i'm going to the closest emergency room regardless of the cost. the price reflects that. selling insurance across state lines and tort reform will help a little, but not enough. i support doing what we can, though.
    Once again, we have had different experiances. When I bought individual policies, I shopped around. And I read the contracts. I knew what was covered and what was not. If anything covered was refused, I had the option of taking the carrier to court for breach of contract.


    anyway, we've been around this barn plenty of times already. we have a tiny bit of common ground on the issue, but not much. repeating ourselves again probably isn't going to resolve our differences on this issue.
    However one area where we should have common ground is that if health insurance was once affordable and efficient(and it was), it can be again. It's just a matter of going back to what worked before. I understand your fears of financial ruin for an unexpected illness, however healthcare should not be an entitlement for the entire population.

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by Fearandloathing View Post
    There are 25 million stories like that.
    Exactly. The obamacare apologists on the talkboard though just do not want to hear it. They hope that everyone has a short memory on major news events such as millions getting their individual policies canceled by obamacare...or the disastrous rollout of "healthcare.com". Theire retort is: "But but but.....more are now insured!" which is meaningless when one considers that most....even on the exchanges are ending up with deductables so high that they need to win the lottery just to take advantage.

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by ObamacareFail View Post
    Exactly. The obamacare apologists on the talkboard though just do not want to hear it. They hope that everyone has a short memory on major news events such as millions getting their individual policies canceled by obamacare...or the disastrous rollout of "healthcare.com". Theire retort is: "But but but.....more are now insured!" which is meaningless when one considers that most....even on the exchanges are ending up with deductables so high that they need to win the lottery just to take advantage.
    LIE!

    Even the CBO says there are still 15 million people without coverage....it was 16 actual [those who wanted it] when this started.

    In 2020 the CBO says there will still be 50,000,000,000 people without coverage, 12 million more than the entire population of Canada. There were 25 million estimated [before Obama inflated the figures unchallenged] so you are NOT better off, but paying more for less covering less.

    Have a nice day America, even an Edsel had value.
    "Small people talk about people, average people talk about events, great people talk about ideas" Eleanor Roosevelt

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    Re: U.S. companies hoard record amount of cash

    In regards to the obamacare mandates:

    https://www.youtube.com/watch?v=Cdfn0Wiywk4

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    Re: U.S. companies hoard record amount of cash

    Quote Originally Posted by ObamacareFail View Post
    In regards to the obamacare mandates:

    https://www.youtube.com/watch?v=Cdfn0Wiywk4
    The point he is making is that it's Fascism. People are forced to provide profits to multinational companies.

    Obamacare might work if there were not-for-profit insurance companies like here, but it can't with insurance companies jacking high profits out of the cash flow.
    "Small people talk about people, average people talk about events, great people talk about ideas" Eleanor Roosevelt

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