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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 tlmorg02 View Post
    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.
    Give us some specific examples of wha Bush did that caused the depression. Thanks in advance.
    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 saying that the author says that the system should not be thrown out, just fixed. He says we should learn from Europe's mistakes. Kinda how we did when we formed this nation.
    But the system is being thrown out and we are going the other direction.

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by Gill View Post
    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.
    i didn't know that. compensation, not just salary?

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by apdst View Post
    Not if the operating capital is reduce, unless--as we're seeing--premiums go up.
    Which were going up before reform. You still haven't addressed that. But, again, with more people paying, then more are likely to be younger and healthier, therefore it adds to capital, and thus the market would provide enough to cover additional costs.

    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 liblady View Post
    i didn't know that. compensation, not just salary?
    That's what I read:

    The AARP is also exempt from the new law's $500,000 cap on executive compensation for insurance executives. (The nonprofit's last CEO received over $1.5 million in compensation in his last full year, 2009.) It won't pay any of the estimated $14 billion in new taxes on insurance companies, though according to its 2008 consolidated financial statement, it gets more money from its insurance offerings than it does from dues, grants and private contributions combined. Nor will it have to spend at least 85% of its Medigap premium dollars on medical claims, as Medicare Advantage plans must do; the AARP will be held to a far less restrictive 65%.
    Interesting read on all the "special" perks the AARP got for supporting this bill: Rove: ObamaCare Rewards Friends, Punishes Enemies - WSJ.com

    • "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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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by Boo Radley View Post
    Which were going up before reform. You still haven't addressed that.
    The government didn't forcibly reduce the authorized operating captical, before Obamacare was passed.

    But, again, with more people paying, then more are likely to be younger and healthier, therefore it adds to capital, and thus the market would provide enough to cover additional costs.
    You can't cut operating capital, increase operating costs and expect anything other than an increase in premiums. To think that volume is going to displace the increase in operating costs in this situation is the dumbest thing that anyone could ever think of.

    At some point common sense has to take over.
    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 Conservative View Post
    But the system is being thrown out and we are going the other direction.
    He means the European model, not our model.

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by Boo Radley View Post
    Harvard Economist Estimates Health Repeal Would Destroy Up To 400,000 Jobs Per Year Over Decade
    Just as House Republicans gear up to repeal the “job killing” Affordable Care Act, the Department of Labor is reporting that the U.S. economy added 103,000 jobs last month, pushing the jobless rate down to a 19-month low of 9.4 percent.
    Where are these 400,000 jobs? Were they created in the last six months? They just passed the stupid thing.

    And I thought Harvard was an institution of higher learning.

    Doesn't it seem like the politically expedient thing to say?

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by tlmorg02 View Post
    He means the European model, not our model.
    Yes, I know what he meant but as was pointed out the countries of Europe are going the opposite direction of this country. Any idea why?

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    Re: Health care repeal will cost $230 billion

    Quote Originally Posted by apdst View Post
    The government didn't forcibly reduce the authorized operating captical, before Obamacare was passed.



    You can't cut operating capital, increase operating costs and expect anything other than an increase in premiums. To think that volume is going to displace the increase in operating costs in this situation is the dumbest thing that anyone could ever think of.

    At some point common sense has to take over.
    Where do you keep saying that? Operating funds are not cut, nor are costs increased. The system will be streamlined, that is a cut in cost. More will pay into the system, that is an increase. Is that not common sense to you? Perhaps you just can't see the forest for the trees?

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