For every dollar you spend on health care, the actual practitioner gets only a taste. The system of "administration" gets a good chunk just for shuffling paperwork. And if you really get sick, this system of Health "Care" will drop your coverage so fast you won't know what hit you.

Thursday, December 24, 2009

bill passes Senate

The Senate passes health care bill.

Except that, having removed the public option to appease conservative Democrats, it is now just a regulatory/oversight thing - a police action.

And as various examples in society demonstrate --- the economic mess on Wall Street and main street, the mess on the fronts of two foreign wars --- our government does a piss-poor job of policing and regulating.

It is essentially rewarding the insurance industry for a badly done job by forcing millions of additional Americans to purchase coverage from those same "health care providers" who have showed a knack for murder and financial profit.

A public option would have helped to keep insurance companies in check by allowing market forces to have a balancing effect. If a public plan can run with about 10% or less administrative costs, private insurance would have to stop ripping off consumers and compete on a value basis.

Not unlike TARP, another victory of Socialism for the rich.

A more in depth rundowm here.

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