Nobody Cares: There Should Have Been A Revolution
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2019-09-29 10:30 by Karl Denninger
in Health Reform , 205 references Ignore this thread
Nobody Cares: There Should Have Been A Revolution
[Comments enabled]

Long ago there should have been a revolution.

A real one.

A demand that this garbage be stopped -- not band-aided, stopped -- and the responsible parties, if they refused, be jailed.

If there was no jail, then the people needed to pick up their pitch forks and torches, and make the government stop it, under pain of the government not existing any more.

It's not like we need new laws of any sort.  The law has been there for more than 100 years.  The government has willfully and intentionally, at all levels -- federal, state and local -- refused to enforce said law.

Until and unless the people make such a demand and credibly threaten to back it up -- it won't get fixed.

What won't get fixed?

This.

The cost of family health coverage in the U.S. now tops $20,000, an annual survey of employers found, a record high that has pushed an increasing number of American workers into plans that cover less or cost more, or force them out of the insurance market entirely.

“It’s as much as buying a basic economy car,” said Drew Altman, chief executive officer of the Kaiser Family Foundation, “but buying it every year.” The nonprofit health research group conducts the yearly survey of coverage that people get through work, the main source of insurance in the U.S. for people under age 65.

It's five times what it should cost.

And then there's this lie:

While employers pay most of the costs of coverage,

Bull****.

Employers pay zero.

It all comes out of your check.  If your employer didn't pay the insurance company they'd have the money to put in your paycheck instead.  On your employer's financial statements that insurance premium is a cost of labor.  It's a cost to them that, if they didn't have to pay it you would receive either directly in money or indirectly in that the price of what you buy, made by others, would go down.

There are ways to take care of this problem without costing one person the medical care they need.  I've been writing on this for a decade.

Nobody cares; there's too much money being stolen and the politicians are all lying to you about how much they "care" and how "hard" this problem is.

It's not hard.

What's going on in this so-called "industry" is theft on a grand scale.

It won't stop until and unless you demand it does and, given the scale of this theft you're going to have to be willing to back up that demand with something worth more than $3 trillion a year, which is how much is being stolen from you.

There's probably only one threat you can credibly make to back up such a demand if the theft doesn't stop that's worth more than $3 trillion a year.

Are you willing to do it -- not as an individual but as a body politic of the citizens as a whole -- or are you going to continue to consent to being robbed to this degree, and more, every year forevermore?

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