Surprise! Surprise! Suddenly, myriad reports are saying Obamacare is on the verge of collapse. Implementation of certain provisions effecting businesses are being delayed. Of course, those requiring us peasant to buy policies from the “insurance mafia” (See “A Pairadocs) are not. This will mean increased revenue to the Federal Government as people who can't afford to comply are taxed to beat them into submission. The question becomes, “How much blood can the government get out of turnips that have lost their jobs and are loosing their homes?”
It was obvious from the beginning that “Obama's plan” (the plan shoved down his throat by the insurance lobby) wouldn't work because it ignores the three main components of ever increasing healthcare costs, inflation, insurance, and government regulation.
Inflation is almost always created by government or by those who control the issuance of “money.” It is nothing more than the money supply being increased at a rate exceeding the ability to create goods and services. When more money is available, if the supply of goods and services doesn't rise accordingly, then the prices of goods and services go up to meet the money supply. Unfortunately, many are not able to increase their incomes at the pace of the inflation, but that doesn't apply to some like the medical profession. Doctors, hospitals, and other health care providers are able to raise their rates to keep pace with the inflation because people must have their services.
When insurance is widely available, there is more money available for medical care and it produces an effect similar to inflation. For all intent and purpose, it becomes a sort of localized inflation. Simply put, the money is there so medical professionals charge accordingly. A contributing factor is that many people think the insurance should cover everything. It should only be for major expenses not for routine problems and office visits. When it covers everything, it just becomes prepaid health care and is expensive.
Government regulation and, simply put, interference in health care provision drives costs up. As an example from my own experience. I had a contract engineering assignment to develop the manufacturing controls segment of an application for approval to market a medical device. When the engineering manager was explaining what was needed, he told me they already had a stack of about 3-4 feet of documentation for other aspects. I said such requirements must be infuriating. He said no. They were happy with it because they didn't think any of the competition was going to bother, so they could charge anything they wanted, $10, $15, or more a pair. What was the product? O-rings. Rubber bands for tying a woman's tubes for contraception. Pennies to make and dollars in profits. Add to that the record keeping and mark up costs at the hospital and who knows what will be added to the bill. And that's just for a very simple product.
Here's yet another source of big “healthcare” spending to drive inflation. I regret I lost the source. It anyone can link me to it, I'd appreciate it.
"The Obama administration has shoved an unprecedented expansion in taxpayer funding of abortion down our throats over the past four years. The nation's largest abortion provider, Planned Parenthood, can attest to the explosion in taxpayer funds.
Planned Parenthood just recently released their annual report for 2011-2012. And 2011 was a big money-maker for the abortion giant.
They crowed about the number of abortions they performed in 2011 -- a record 333,964 babies killed.
Cumulatively, their 3 year total brings their death count over that period just barely short of a million.
And your tax dollars paid for this slaughter.
Planned Parenthood received nearly half of their revenue, $542 million, in tax dollars. And now as things currently stand, they're counting on an even greater influx of funds, with the help of their ally in the White House.
Because with his reelection safely behind him, President Obama isn't even trying to hide his use of your and my tax dollars to line the pockets of the abortion lobby. In fact, Obama and his pro-abortion cronies in Congress took advantage of "must pass" legislation just this last December, and snuck in additional taxpayer funding of abortion in a military appropriations bill.
And they're looking to do it once again with the looming debt ceiling and other budget bills."
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