Based on the response our readers exhibited last week, TSB thought that there should be some clarification regarding OBAMACARE. Before you start whining like a child it behooves those that criticize it to read all 300,000 plus words before it was amended to 900 plus pages. So let's clarify some things.
Many people are screaming about the unconstitutionality of the law, especially about the mandate. The vast minority that scream against it wrap themselves in their cloak of freedom, claiming it will make you do things you don't want to do. Is it a penalty or tax, that my friends is left to your perception, but what we found out today is that Mitt Romney's spokesperson quoted the Governor as calling the Massachusetts Healthcare Law a penalty rather than a tax. I guess calling it a "penalty" is a kinder and gentler way. The difference? Semantics? Beauty is in the eye of whomever can BS the best, isn't it? As the general populous argues about the law, there are many things that people are claiming that the bill does, that is not true. At least get your facts straight. Are you allowed to have an opinion? Absolutely? But you're not allowed to make up your own facts, and that's what the sheep have been fed.
Death Panels: To our knowledge, there is no mention of a Death Panel in the bill. The decision to approve or deny your claim will still be in the hands of your insurer. Can you challenge it if you are denied? ABSOLUTELY, plus the government will provide oversight to ensure that you don't get screwed by the insurance industry. P.23 Section 2719
Free Insurance to Illegal Immigrants: A recipient must be a LEGAL resident of the U.S. in order to receive a tax credit. Read the language in Subpart B "Eligibility Determination" before you react. Can illegals buy healthcare? Yes indeed. Can they still go to the local ER and get care without insurance? Nobody stopped them before, now did they? And whom do you think has been absorbing the cost if hospitals claim that they lost $45 billion in revenues last year alone. Have you ever wondered why your pricing is getting squeezed beside the usual, that we have commoditized the market? Have you ever wondered why your insurance premiums continue to escalate? Maybe Pasterna or Lukianov will save the day, unfortunately so far neither one of them have offered a solution to our crisis.
Rationing Healthcare: There is no language in the bill that will allow anyone to ration medicine, restrict your benefits, raise your premiums, or copays for that matter. If you have an insurance policy you will be able to keep it without having to go on a government program. In addition there is NO PUBLIC OPTION since it was stricken from from the bill on Page 92 under 1323 Community Health Insurance Option STRICKEN.
Did The People Who Passed the Law Read It? At least one more time than those that scream and yell about it, considering that most people formulate their opinions from the PROPGANDA BOX, excuse me the flatscreen they go home to. Contrary to the many that don't like Nancy Pelosi, and TSB includes ourselves in that group, before you quote her, at least try not to quote her out of context.
Is it a Penalty or Tax? Regardless of what you call it, those that bitch the most are those making over $200,000 per annum and they will be taxed by less than 1% (0.9%) by 2013. Once again don't believe go to P.818 and read the facts.
Here is the tradeoff. By 2014 no insurer will be able to invoke their "pre-existing condition rule." All people will be charged the same regardless of their history. (Section 2704, 2701, 1255) If you do not have insurance, you will be charged a fee regardless whether any candidate cloaks it as a penalty or tax. Since insurers are going to have to cover you regardless of what you have, you can't wait until you are sick to get coverage. YOU DO HAVE AN OPTION: you can determine that you will not buy insurance, but you'll have to pay the fee. Do you pay for better schools? Do you pay to have the police protect you? Do you pay for public services like garbage collection or a fire department? What is it about healthcare that makes people crazy? A wealthy person sees no problem in buying a thoroughbred, but bitches about paying their surgeon the difference for services rendered when their insurance plan does not cover 100% of the bill and that my friends is a quote from many surgeons during our tenure in the industry.
Whether you agree with it or not, you all pay for the escalating costs of delivering healthcare. WE DO NOT HAVE THE BEST HEALTHCARE SYSTEM IN THE WORLD, WE HAVE THE MOST EXPENSIVE. And whether you believe it or not, everyone has a right to medical care. When a two and a half year old child exhausts their lifetime healthcare benefits because of illness, the parents are told to divorce in order to qualify for aid. What's wrong with insurance companies not being able to tell people that their "lifetime" benefits have been exhausted? TSB doesn't see the insurance industry rebating those of us that don't get sick and don't use their insurance at all, because you are healthy. And if you're healthy, why do you buy insurance coverage? For those that espouse their Machiavellian mindset that only the strong survive, you'll sing a different song when you or your loved ones are no longer healthy.
As for the medical device tax, well, let's just say that the rules of engagement are changing. If you want to play, you're going to have to pay. Don't like it? I highly doubt Lukianov, Dvorak, Orsinger, Binder, Vater et al are going to stop doing business in the United States, where else will they go? Russia? Malaysia, Israel? India? Why does everyone desire to succeed in the U.S.? Why does everyone want to sell their products in the U.S.? The behavior of some of so-called leaders is despicable. Not only do they believe their own press clippings, the cry like little girls when the can't get their way. You know what TSB's granddaddy use to say, "you can only milk a cow for so long, and then she runs out of milk." That my friends is the U.S. healthcare system.