Poor Experience With Government Health

                                                        

ObamaCare planning overlooks past experience with regard to government health coverage.  

                       

Fact: The bad service the Canadians and Europeans get in terms of care and rationing of care.

                       

Fact: The sharply rising costs of Medicaid and Medicare, present forms of government sponsorship in this country, and the fraud in Medicaid and Medicare that now exists.

                       

Fact: The current shortage of doctors and providers without adding additional patients.

                                   

Fact: The poor experience of the few states that have what ObamaCare eventually wants for “guaranteed issue” coverage.

                       

ObamaCare can propose step-by-step changes without emulating problems encountered elsewhere, but, unfortunately, does not attempt nor does so. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

ObamaCare and the Supply of Doctors

The Law of Supply and Demand applies to doctors and health providers as it does to commodities.

                       

You may tell the public you will increase their ability to get medical care. But to do so, you must also increase the number of doctors, aides, and medical facilities.   

                   

It takes about eight to ten years to educate and train a student both willing and smart enough to become a doctor. At a cost of at least $100,000.

                       

ObamaCare attempts to cut health costs, in part,  through a reduction of doctor income. This makes it tougher to explain the investment or acquired debt of becoming a doctor. 

Nobody mentions training new doctors at government expense, but if it ever happens, why train so hard for so little compensation? (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Difference Between Public and Private Worker Unions

Why not have the House of Representatives in Washington approve the pay and work contract of all federal employees?

                       

There is no reason for government unions. FDR wouldn’t stand for it during the New Deal and Great Depression. If Fed government labor wants better pay, they can vote for a labor party or its equivalent.

                       

Private workers can and should have the right to join private unions. Negotiation with private employers is totally different than dealing with taxpayers where a union has the ability to influence government politicians and bureaucracy. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

State and Local Government Pension Problems

Public pension deficit gaps are worse than what the mainstream media mention. That’s because the projected income used for investments in them is still are too high at 7% and 8% when actual earnings are more like 6% and often less.

                       

In reality, the estimated earnings on investments to pay future public

employee pension payments ought to be equivalent to what the state or city or other local entity has to pay when it borrows to finance the pension money.

                       

Therefore, the problem we see has, unfortunately been hidden too long by politicians kicking the proverbial can down the road. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Uncontrollable Medicare and Medicaid Fraud

Medicare fraud is estimated to be well over  $60 billion each year. Widespread criminal operations go mostly unchecked because of poor government oversight on varying levels. It consists of ploys such as using dead doctor reports, fake patients and non-existent treatments.

                       

The FBI says Medicaid fraud is a $10 billion annual industry. Practices involve billing for nonexistent or unnecessary services, kickbacks and inflated costs.

                       

Therefore, how is the government going to undertake a massive ObamaCare plan that will entail one sixth of our entire economy?

                       

Politicians on the left tell you only how this fraud-infested system is going to save money. We now know the opposite is true, even without massive fraud. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Education For Educator Benefits

 The primary purpose of education is to teach a student to think, not to merely graduate and collect a degree.

                       

By that standard, all current independent research and surveys have come to one conclusion. Education in the U.S. at all levels, from elementary school to high school, through college, has been a complete, dismal disaster for the students.

                       

It has done extremely well for the “educators” who have given the latter term a new meaning. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Plaintiff Lawsuits Add to Health Costs

One cost of health insurance is a subject the administration intentionally glosses over because over 90% of lawyer political contributions go to the Democrat party.

                       

Yet, the cost of malpractice insurance and the need for tort reform to reduce costs, represent a major area for health insurance reform. This has not been directly addressed by ObamaCare, under which MDs can still be sued for malpractice.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)