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Health Care Premiums Will Be Reduced By 3000% ???
#24
Mr.Kimball Wrote:Hey Bud, I asked you once of you would kindly go into detail on how this works but you seemed to ignore my previous request. What are these tax credits that you so gloatingly refer too? Do you have any idea what they may be? Interesting that you know, when the ones voting on the bill dont even know what they are.

Are you getting your information from something such as the Huffington Post? Perhaps from Lynn Samuels? Heck perhaps you are listening to a moron president whose entire cabinet's combined experience in the private sector involving business or any other financial background totals up to a grand total figure of 8%. Yeah, that's really who I want to make decisions on how to spend my money.

Lets just get down to the brass tacks here, you dont have the first clue as to what you are talking about. Have you ever been involved in a business venture for yourself? Do you happen to own a small business for yourself? I do, and I can tell you that the things that you are spouting off about, you are 100% dead wrong on. If you had any first hand experience at all you would be condeming this whole plan. Actually what you will find out happening, is that there will be millions and millions that are currently employed that will be without jobs if this bill passes.

Actually insurance companies that have more clients that that will lose money on, means only one thing..............It'll only help them go out of business at a faster pace. This business does not work on the premise that volume reduces costs. It only exploits the opposite. Think about the common sense aspects of this thing before you rattle on about it.

I don't see insurance companies making a alot from this. Volume does not equal profit. You will have to take in account the total cost and the marginal cost per unit sold. Then you will have to determine the marginal benifit. However there will be an increase in marginal social benifit due to the outside influence of total well being. In the end it will not mean a whole lot in dollar amounts though. However the lack of accountability for ones health is a negative factor with our nations health. Our obesity rate will drive cost up year after year as it increases. I wonder once our health becomes property of the US government if they can issue an obesity tax to help cover the excess cost.
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Health Care Premiums Will Be Reduced By 3000% ??? - by Matman - 03-27-2010, 11:48 AM

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