Comments on: Obamacare Infomercial: What Were They Thinking?

By: Must-See Video: Steven Crowder Exposes CanadaCare « Calvin Freiburger Online

Wed, 22 Jul 2009 22:06:04 +0000

[...] comprehensive, and eye-opening—just what we need to cut through the Left’s spin and the media propaganda on the joys of socialization before they demolish health care on our side of the border. Posted [...]

By: Juan

Juan — Fri, 26 Jun 2009 19:03:32 +0000

I wasn’t offended!

Hahaha. No problem.

By: Dmac

Dmac — Fri, 26 Jun 2009 18:53:44 +0000

Juan, if you’re still reading this, I looked at my responses to your posts and realized that I over – reacted to them, and I apologize for my comments. While I still think your naivete’ is apparent, my fervent hope is that you don’t find yourself bereft of a safety net if you suddenly find yourself in dire medical straits.

By: starboardhelm

starboardhelm — Fri, 26 Jun 2009 18:47:50 +0000

That ABC spooned so openly with BHO on this has done more harm to BHO’s agenda than if they had merely stuck with their slightly more subtle love affair of the past. Nobody watched because the fact that they did it at all said everything that needed to be heard. It’s so damaging, I wonder if ABC is actually trying to undercut him now.

By: OldGeezer

OldGeezer — Fri, 26 Jun 2009 14:28:54 +0000

Hello out there in Right-Wing land. The Big “O” and his Chicago buddies has facked you out!

While all of you are jumping up and down and ranting on about the possibility of the nataionization of health care the Cap & Trade bill is about to sneek out of the House.

Worry about the here and now.

By: Mike K

Mike K — Fri, 26 Jun 2009 12:32:48 +0000

The usual operating principle of young people who choose not to buy health insurance is to declare bankruptcy if they lose their bet with statistics. That works because people like me will take care of them for free if they get badly injured or seriously ill. I spent one Memorial Day holiday (1986) with a guy who was walking on the railroad tracks listening to his SONY Walkman.

The train came and he wound up in my operating room. After 68 units of blood and several hours, he made it. His brother brought him to the office for his postop visit and I learned they had a yard care business. I told him he could repay me for saving his life by mowing my lawn for a year.

No, he said. They were too busy.

By: daleyrocks

daleyrocks — Fri, 26 Jun 2009 05:42:20 +0000

Juan – I am not disagreeing with you, just you naive characterizations of how insurance companies operate. People such as yourself who choose to self insure often only decide it is worth buying insurance after they develop some health condition which makes it more difficult or expensive for them to obtain at that point. Also, as varios insurance groups have already told President Obama, one of the only ways they can cut premiums is to ensure the broadest participation in the program, e.g., force inclusion of the young and healthy to offset the adverse experience of the older and infirm.

By: JD

JD — Fri, 26 Jun 2009 05:12:21 +0000

Juan – It is comes as a suprise to many that some insurance companies actually operate at an underwriting loss, but are able to be profitable due to investment incomes from the premium payments. In these cases, payouts + expenses actually exceed collected premiums.

By: Juan

Juan — Fri, 26 Jun 2009 04:36:57 +0000

Alright, alright… that’s true daleyrocks.

But theoretically, insurance companies are out to make a buck (good for them!) and are betting that you will use less service than they are paid for.

They even think hard about how much you are likely to need and charge you more.

Nothing wrong with that… and of course, some (most) are willing to forgo the high liklihood of losing a bet like that in order to get peace of mind.

No problem. They should have that choice. I want that choice. Obama will be taking my tax money and therefore completely screw up how this should work because it is apparently a tragedy that I chose to self insure.

By: daleyrocks

daleyrocks — Fri, 26 Jun 2009 04:09:23 +0000

“Most people who get insurance would be better off not getting it. that’s just a plain fact proven by the fact that insurance companies make a profit (which I do not begrudge them).”

Juan – It’s just a plain fact that insurance companies do not always make money. They can misprice their risks and lose money just as you can underestimate your risk of have a serious illness or injury for which you are uninsured. There are plenty of insurance companies in receivership. Check with your state department of insurance if you don’t believe me. They depend on the law of large numbers to price products such as health insurance, where all insured will not become seriously ill in any given year. Actuarially, younger, healthier insureds subsidize the coverage of older, less healthy insureds in group plans.

What I want to know is what kind of club is Obama going to use to force doctors and other providers to participate in any government plan if it is offered rather than opting out.