Important: Call/Fax To Prevent Unaffordable Healthcare Scam
by architek, Sun May 10, 2009 at 05:25:44 PM EDT
The Finance Committee is meeting again next Tuesday. The options they have been discussing so far are anemic. They can't save enough to make healthcare affordable and won't - don't even seem to try, to address the huge number of uninsured or especially the uninsurable people (everyone with chronic health issues, the 20% of all uninsured Americans - the people who the commercial insurers don't want to insure for any price.)
Their care wont EVER be "profitable". Obama is implying that he may help them, but his proposals don't begin to save enough money to do it. Certainly it wouldn't be possible without subsidies that, because of adverse selection would become too expensive. If Obama's publc option needed to be revenue neutral, premiums would rise as sick people joined up, subsidies if they existed, would not be funded adequately. There would be bitterness because of the unaffordable expense of the premiums of the public option. Lets not fool ourselves, there is no safety net. Obama's public option doesn't provide one. In this economy it isn't what we need. What we need is single payer, universal health care for all. Politically, this nation is in a state of crisis because of the unaffordability of basic healthcare. It is the single largest cause of bankruptcies and homelessness. There is no safety net. Just look at the states failure to fund a Medicaid for single adults, in 41 states you can be penniless with NO income and unless you have kids, they wont help you with one penny. That means that adults dont get care - people are desperate. We can't let them waste another decade. In ten years, the money wont be there. Realistically, Obama's public option can't help most of us. Its rearranging deck chairs on the Titanic, his own economic advisors have admitted that they cant have a mandate BECAUSE they wont be able to make healthcare affordable. Subsidies would probably be limited to the poorest of us only- Obama's proposals to date conspicuously preserve the existing system which ties insurance to jobs, keeping wages down, reducing innovation in our economy by making it hard to start new businesses, and by all accounts preventing those near or over 40 from getting jobs that they are otherwise qualified for because of the higher cost of insuring them.
Obama says "nobody will be turned away IF they can afford the premiums". That is a big "if" because if the public option requires guaranteed issue, the public option will be a magnet for people with high medical costs. The name of this effect is adverse selection, and its been a serious problem from the beginning with Obama's proposals.
If the public option looks like the high risk pools.. as insurer of last resort its premiums will rise.. We wont be able to afford Obama's untested experimental procedure because of adverse selection
Please follow the link below to the phone numbers for the Finance Committee. Dont let them sacrifice affordable healthcare and subject millions of Americans to Obama's risky untested medical procedure..Its designed to fail, its not going to be affordable, and our rising costs won't stop. He throws away a historic opportunity and exposes us to much more risk and costs than we can afford - probably for another decade - Our lives and futures will be sacrificed on the altar of their lobbyists and their status quo.
Senate Finance Commitee: 202-224-4515
MAX BAUCUS, MT: 202-224-2651
JOHN D. ROCKEFELLER IV, WV: 202-224-6472
KENT CONRAD, ND: 202-224-2043
JEFF BINGAMAN, NM: 202-224-5521
JOHN F. KERRY, MA: 202-224-2742
BLANCHE L. LINCOLN, AR: 202-224-4843
RON WYDEN, OR : 202-224-5244
CHARLES E. SCHUMER, NY: 202-224-6542
DEBBIE STABENOW, MI: 202-224-4822
MARIA CANTWELL, WA: 202-224-3441
BILL NELSON, FL: 202-224-5274
ROBERT MENENDEZ, NJ: 202-224-4744
THOMAS CARPER, DE: 202-224-2441