Comments on: What We Need To Know http://www.ohiomm.com/blogs/blog_mass_destruction/2009/06/12/what-we-need-to-know/ID=6290/ Fri, 10 Feb 2012 21:04:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: The Reverend http://www.ohiomm.com/blogs/blog_mass_destruction/2009/06/12/what-we-need-to-know/ID=6290/comment-page-1/#comment-8748 The Reverend Sat, 13 Jun 2009 12:14:20 +0000 http://www.ohiomm.com/blogs/blog_mass_destruction/?p=6290#comment-8748 Thanks for the comment G-mann. My more conservative commenting friends are mad at me. I'm no economist, that's for sure, ....it just seems to me that if more and more people are chasing after a service or product with their money (or government money), that the product or service being chased would rise in price. For instance, I haven't seen pharmaceutical prices go down since Plan D was put in place. I think health care prices continue to go up...because the market isn't working. While choices are all well and good in a free society.....today's for-profit insurance-based health program works to eliminate choices, not increase them. Mandating coverage for everyone will only make that problem worse. We will wind up dealing with a monopoly much like the oil industry. Just my opinion. Additionally, bankruptcies caused by personal health crises (over 60% of all bankruptcies) will continue with an entirely free market health insurance plan. Good for capitalists who want to keep everything "in play"....but bad for the masses. Thanks again. Thanks for the comment G-mann. My more conservative commenting friends are mad at me.

I'm no economist, that's for sure, ….it just seems to me that if more and more people are chasing after a service or product with their money (or government money), that the product or service being chased would rise in price. For instance, I haven't seen pharmaceutical prices go down since Plan D was put in place.

I think health care prices continue to go up…because the market isn't working.

While choices are all well and good in a free society…..today's for-profit insurance-based health program works to eliminate choices, not increase them. Mandating coverage for everyone will only make that problem worse. We will wind up dealing with a monopoly much like the oil industry. Just my opinion.

Additionally, bankruptcies caused by personal health crises (over 60% of all bankruptcies) will continue with an entirely free market health insurance plan. Good for capitalists who want to keep everything "in play"….but bad for the masses.

Thanks again.

]]> By: G-Mann http://www.ohiomm.com/blogs/blog_mass_destruction/2009/06/12/what-we-need-to-know/ID=6290/comment-page-1/#comment-8745 G-Mann Sat, 13 Jun 2009 02:29:38 +0000 http://www.ohiomm.com/blogs/blog_mass_destruction/?p=6290#comment-8745 Econ 101? See there is a fatal flaw in your logic. The laws of supply and demand only fit the tangible goods situation. Housing, meat, wood, steel. Insurance is a service, that is not created it exists because of a pool of money. As more people contribute, the service becomes less expensive. Now, forcing people to pay should be your issue. What causes health care to go up is not additional customers, its additional service rendered without receipt of payment. Do I like the idea? No, you force people to get insurance, they will demand higher income, higher income results in higher costs for other goods. Ideally what would fix health care, is helping those who work obtain health care for a lower cost. Help create a new company that can provide low cost insurance with a slightly higher deductable. Also, open up peoples options to pick who their health provider is. Right now I get the choice of 4 companies but there are way more than 4 companies out there that provide health care. Make the health care insurance market a true free market, so that weed out some of this high cost. People will migrate to more affordable coverages and it will force other companies to lower it to compete. They will have better rating scenarios to properly cover the costs of health care. Econ 101? See there is a fatal flaw in your logic. The laws of supply and demand only fit the tangible goods situation. Housing, meat, wood, steel. Insurance is a service, that is not created it exists because of a pool of money. As more people contribute, the service becomes less expensive. Now, forcing people to pay should be your issue. What causes health care to go up is not additional customers, its additional service rendered without receipt of payment.

Do I like the idea? No, you force people to get insurance, they will demand higher income, higher income results in higher costs for other goods. Ideally what would fix health care, is helping those who work obtain health care for a lower cost. Help create a new company that can provide low cost insurance with a slightly higher deductable. Also, open up peoples options to pick who their health provider is. Right now I get the choice of 4 companies but there are way more than 4 companies out there that provide health care. Make the health care insurance market a true free market, so that weed out some of this high cost. People will migrate to more affordable coverages and it will force other companies to lower it to compete. They will have better rating scenarios to properly cover the costs of health care.

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