How the Health Care Reform Bill will improve the economy

How the Health Care Reform Bill will improve the economy

We know that Congress will be voting on the final Health Care Reform Bill in two days. (Sunday March 21st, 2010)  What I want to discuss, though, is how the health care bill will improve the national debt, and strengthen the economy.  My argument, is that after the bill is passed, there will not be any more privately owned health insurance companies, which means that those companies can't keep premiums at an excruciatingly high rate anymore.  This in turn will force these companies to lower premiums according to government standards.  With that, Americans will see less taxes on health insurance, and more money in their pockets to spend at businesses.

 

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Reply #1 Top

If your profile is correct "future governor", I see you'll have many years to dig deep in your wallet for your hope and change. Be sure to get a good job and pay plenty of taxes. I want the best care your money can buy. No skimping. Oh, and please accept my thanks and gratitude to you, your children, and your grand children. Don't spend it all in China.

Reply #2 Top

"future governor",

Sounds like a Grandholm to me.

What is more likely to happen (instead of the nirvana that he depicts) is that business will pull out (there is no law that says you have to operate at a loss), leaving the feds the only game in town.  And what do they call a ONE source market?  A monopoly.  And what happens with monopolies?  Prices go through the roof and service goes into the toilet.

So don't worry, be happy!  Everyone is going to be denied good coverage now!

Reply #3 Top

Well at least the OP will be considered a child (i.e. remain on his or her parents insurance until age 26). Wonderful new for parents that want to get kids out of their house. Maybe the voting age should be raised to 26 as well. You know give a little time for that premium liberal education to be dulled by the reality of life for a bit.

Reply #4 Top

This in turn will force these companies to lower premiums according to government standards. With that, Americans will see less taxes on health insurance, and more money in their pockets to spend at businesses.

NC, you mention child.  I think this quote by him is proof of his immaturity.  It just drips with "But it's not fair!!!" type of rhetoric.  No basis in reality, or indeed in fact, just wishful thinking.

When the reality is that all Americans are going to have less to spend starting now, and no benefits to see for another 4 years.  I think my granddaddy called that "buying a pig in a poke".