Big Scam

Gipper

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and Obamacare only makes it worse, while adding trillions more in debt...


50 signs that the U.S. health care system is a massive money making scam
The following are 50 signs that the U.S. health care system is a massive money making scam that is about to collapse…
#1 Medical bills have become so ridiculously large that virtually nobody can afford them. Just check out the following short excerpt from a recent Time Magazine article. One man in California that had been diagnosed with cancer ran up nearly a million dollars in hospital bills before he died…
By the time Steven D. died at his home in Northern California the following November, he had lived for an additional 11 months. And Alice had collected bills totaling $902,452. The family’s first bill — for $348,000 — which arrived when Steven got home from the Seton Medical Center in Daly City, Calif., was full of all the usual chargemaster profit grabs: $18 each for 88 diabetes-test strips that Amazon sells in boxes of 50 for $27.85; $24 each for 19 niacin pills that are sold in drugstores for about a nickel apiece. There were also four boxes of sterile gauze pads for $77 each. None of that was considered part of what was provided in return for Seton’s facility charge for the intensive-care unit for two days at $13,225 a day, 12 days in the critical unit at $7,315 a day and one day in a standard room (all of which totaled $120,116 over 15 days). There was also $20,886 for CT scans and $24,251 for lab work.
#2 This year the American people will spend approximately 2.8 trillion dollars on health care, and it is being projected that Americans will spend 4.5 trillion dollars on health care in 2019.
#3 The United States spends more on health care than Japan, Germany, France, China, the U.K., Italy, Canada, Brazil, Spain and Australia combined.
#4 If the U.S. health care system was a country, it would be the 6th largest economy on the entire planet.
#5 Back in 1960, an average of $147 was spent per person on health care in the United States. By 2009, that number had skyrocketed to $8,086.
#6 Why does it cost so much to stay in a hospital today? It just does not make sense. Just check out these numbers
In 1942, Christ Hospital, NJ charged $7 per day for a maternity room. Today it’s $1,360.
#7 Approximately 60 percent of all personal bankruptcies in the United States are related to medical bills.
Read the rest here.
 
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I'm not an economist,(I like to think I am) but my daughter has been in the insurance business for over a decade.She said..." Day one of insurance licensing class, you learn that in order to properly price an insurance product you have to be able to determine what definable risk you're insuring". The affordable care act began by eliminating lifetime maximums for health insurance policies on 9/1/2010 (I think) and we have seen a significant rise in premiums...in 2014, insurers will be unable to fully underwrite health policies...so, by force of law, the gub'ment is saying to insurers that you are 1) on the hook for everything and 2) you have to take any and all comers regardless of risk...this is going to be a disaster...
 
I'm not an economist,(I like to think I am) but my daughter has been in the insurance business for over a decade.She said..." Day one of insurance licensing class, you learn that in order to properly price an insurance product you have to be able to determine what definable risk you're insuring". The affordable care act began by eliminating lifetime maximums for health insurance policies on 9/1/2010 (I think) and we have seen a significant rise in premiums...in 2014, insurers will be unable to fully underwrite health policies...so, by force of law, the gub'ment is saying to insurers that you are 1) on the hook for everything and 2) you have to take any and all comers regardless of risk...this is going to be a disaster...

Once insurance companies figure this out they will be dropping like flies. I have thought all along that that was their plan to begin with. To destroy private paractices and the insurance companies. The health sector in the UK takes something like 26% of their labor force. Can you just imagine having that many people here being government employees working in government owned hospitals, clinics etc? Your right, it's a disaster.
 
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Obamacare was always designed to be a slam-dunk single-payer communist system.
It was chosen as the wedge to bring down the republic and create communism.
Pelosi and Reid are members #2 and #3 of the Politburo.

Would you like to be a communist--like Obama's worthless mommy, daddy, grammy and grandpap--or would you prefer to die?
If that fails--well that's what drones are all about.
Neutralizing any militias or citizens who wish to protest the takeover.

Something Wicked--This Way Comes.
 
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