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Thread: Health care repeal will cost $230 billion

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by apdst View Post
    It costs, "X", to process each person. The more people that the insurance companies have to process, the more it's going to cost them to do it.

    So, no, it's not the market.
    You are ignoring the fact that more people will be paying in! You have to look at ALL of it.

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by apdst View Post
    It costs, "X", to process each person. The more people that the insurance companies have to process, the more it's going to cost them to do it.

    So, no, it's not the market.
    So, they don't want new cutonmers because of the cost to process them? If the market works, more premiums means more profit. the more people you cover, the more likley you will have people not sick paying for those who are. It really should not cost insurance companies more. We should not accept their word that there is a need to raise premiums. We should see what the evidence shows.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by apdst View Post
    Oh, so now we're back to Bush causing the depression?
    No, I am saying he is the only one to even slightly reduce government oversight. And if you believe that his action played no part in contributing to it, then you probably believe in the tooth-fairy too.

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by tlmorg02 View Post
    You are ignoring the fact that more people will be paying in! You have to look at ALL of it.
    You're ignoring the fact that the cost to process each new customer is going to stay the same, thereby adding to the insurance company's overhead. All the while, their operating capital is shrinking.

    Increasing overhead and reducing operating capital is pure stupidity.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by Boo Radley View Post
    So, they don't want new cutonmers because of the cost to process them? If the market works, more premiums means more profit. the more people you cover, the more likley you will have people not sick paying for those who are. It really should not cost insurance companies more. We should not accept their word that there is a need to raise premiums. We should see what the evidence shows.

    Not if the operating capital is reduce, unless--as we're seeing--premiums go up.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by tlmorg02 View Post
    No, I am saying he is the only one to even slightly reduce government oversight. And if you believe that his action played no part in contributing to it, then you probably believe in the tooth-fairy too.
    Tell us exactly which Bush policies caused the depression.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by apdst View Post
    You're ignoring the fact that the cost to process each new customer is going to stay the same, thereby adding to the insurance company's overhead. All the while, their operating capital is shrinking.

    Increasing overhead and reducing operating capital is pure stupidity.
    Wrong, the bill provides for government funding to streamline the processing of patients and records. Thus overhead drops.

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by apdst View Post
    Tell us exactly which Bush policies caused the depression.
    I never said his policies "caused" the depression. I said the lack of government "oversight" his policies created, prevented regulators from stopping the growth of the ballooon.

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by tlmorg02 View Post
    Wrong, the bill provides for government funding to streamline the processing of patients and records. Thus overhead drops.
    So, hows does this reduce the deficit?

    Government subsidies to insurance companies is going to reduce the deficit?

    Ya'll need to stop, really.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by tlmorg02 View Post
    I am not against profits nor saying it increases profits. I am saying that they force the cost higher by having to accumulate so much income to keep theirselves afloat and their CEO's in million dollar bonuses. Thus they fight to pay doctors less, while charging us more.
    ObamaKare has a provision in it capping executive compensation at insurance companies at $500,000. / year. The only company exempted from this requirement was the AARP who spent millions of dollars on ads and lobbying to get the bill passed.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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