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Ian David

(69,059 posts)

8. ObamaCare’s Hidden Trigger Paves The Way For Single Payer

Wed Jan 4, 2012, 01:03 PM

Jan 2012

ObamaCare’s Hidden Trigger Paves The Way For Single Payer

When ObamaCare was passed conservatives slammed it as a government takeover of the health insurance industry and progressives complained the law didn’t offer at the least a public option, but it seems as though that the law had a hidden trigger that may very well pave the road to single payer health insurance system or Medicare for all.

That trigger is the medical loss ratio. This is the part of the law that makes the health insurance industry use at least 85% of your premiums to cover medical expenses.

This is something the for profit health insurance industry detests, because it limits the amount of dollars you pay into the system to go toward CEO pay, bonuses, lobbying and advertisements.

Listen here to my interview with Rick Unger,

More:
http://www.politicususa.com/en/obamacare-single-payer

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I have been critical of Obamacare and I just want to apologize and say [View all] Autumn Jan 2012 OP

Calling it "Obamacare" is a lot like saying "the Democrat Party" to me. DefenseLawyer Jan 2012 #1

President Obama himself said he doesn't mind calling it Obamacare. Ian David Jan 2012 #2

That's fine, but the people that coined the term and the people that generally use the term DefenseLawyer Jan 2012 #6

Yes it is an insurance company's wet dream, but there Autumn Jan 2012 #7

I'll agree with that. But the trade off to get a few good things DefenseLawyer Jan 2012 #9

Exactly zipplewrath Jan 2012 #13

ObamaCare’s Hidden Trigger Paves The Way For Single Payer Ian David Jan 2012 #8

This is a real stretch zipplewrath Jan 2012 #11

Ooh. That's a scary thought. Ian David Jan 2012 #12

Just charge more zipplewrath Jan 2012 #14

But to do that, they have to get the doctors and hospitals to charge them more. Ian David Jan 2012 #15

No convincing is required, all they have to do is increase the allowable charges on their end. TheKentuckian Jan 2012 #17

We'll have to draft new rules to prevent that. n/t Ian David Jan 2012 #18

Oh Yes. bvar22 Jan 2012 #19

To my way of thinking, he is the only one who has spent Autumn Jan 2012 #10

I like the term. Obama is the only President who Autumn Jan 2012 #3

And as John Fugelsang says, we should call welfare for billionaires BushCare. n/t Ian David Jan 2012 #4

That should be a rallying cry.... a kennedy Jan 2012 #16

i've gotten to where it depends on who's saying it barbtries Jan 2012 #5