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brooklynite

(96,882 posts)

49. Why? There'll still be insurance.

Sat Feb 23, 2019, 04:46 PM

Feb 2019

Medicare Parts B, C and D are all private supplements.

There'll also be home insurance, car insurance, boat insurance, life insurance, accidental death and dismemberment insurance.

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This message was self-deleted by its author [View all] DemocratSinceBirth Feb 2019 OP

There is a little bit of info area51 Feb 2019 #1

It doesn't say anything about share holders. DemocratSinceBirth Feb 2019 #5

Smart investors will safeinOhio Feb 2019 #9

Change happens, elleng Feb 2019 #2

maybe they could learn to code? rampartc Feb 2019 #2

. . . googling to figure out what MFA stands for n/t Ms. Toad Feb 2019 #4

Any luck? I find multi-factor authentication and the Museum of Fine Arts. nt LAS14 Feb 2019 #10

I got master of fine arts and Missouri Farmers Association Ms. Toad Feb 2019 #28

Ah. Yes, Medicare For All. Thanks! nt LAS14 Feb 2019 #74

Assuming Medicare for all... Luciferous Feb 2019 #35

Like FedEx and UPS we have nothing to worry about uponit7771 Feb 2019 #6

Private insurance can still exist. Mr.Bill Feb 2019 #7

I'm hoping a MFA plan will be better than what Medicare dflprincess Feb 2019 #64

Both the senate and house versions over Voltaire2 Feb 2019 #68

Love it dflprincess Feb 2019 #72

They'll have to find new jobs, Triloon Feb 2019 #8

It doesn't happen to a whole industry in one swell foop. LAS14 Feb 2019 #11

People who hold those shares and whose shares are held in their pensions are real people. DemocratSinceBirth Feb 2019 #12

no they won't. Voltaire2 Feb 2019 #13

How are shareholders different from holders of private property? DemocratSinceBirth Feb 2019 #16

Their property is not be taken. Voltaire2 Feb 2019 #18

They will be forbidden to sell health insurance policies. DemocratSinceBirth Feb 2019 #19

Not true, but even if it were, that is not 'property being taken'. Voltaire2 Feb 2019 #21

It would be no different than telling insurers they can't sell other types of insurance. DemocratSinceBirth Feb 2019 #22

so for example the assault weapons ban in the 90s Voltaire2 Feb 2019 #24

No. But banning all guns clearly would be a violation of the 2nd Amendment. DemocratSinceBirth Feb 2019 #26

MFA would ban certain types of insurance Voltaire2 Feb 2019 #30

Do some companies only provide health insurance? DemocratSinceBirth Feb 2019 #31

I guess they should have diversified. Voltaire2 Feb 2019 #32

What other property can the government take for not being sufficiently diversified? DemocratSinceBirth Feb 2019 #33

Alcohol. Voltaire2 Feb 2019 #34

Prohibition was repealed. DemocratSinceBirth Feb 2019 #38

So what? There was no compensation. Voltaire2 Feb 2019 #41

So your examples are a law that was repealed 86 years and a ban on DemocratSinceBirth Feb 2019 #44

1971 amphetamines moved to class II. Voltaire2 Feb 2019 #51

I said I would be willing to pay the shareholders in the transition. DemocratSinceBirth Feb 2019 #53

The insurance industry will be fine. Voltaire2 Feb 2019 #55

How will they survive if you appropriated their main product without compensating them? DemocratSinceBirth Feb 2019 #57

1978 CFC ban. Voltaire2 Feb 2019 #58

It was replaced by other compounds. DemocratSinceBirth Feb 2019 #59

It eliminated the entire CFC industry. Voltaire2 Feb 2019 #60

Scale. DemocratSinceBirth Feb 2019 #61

Oh so now compensation for taking property Voltaire2 Feb 2019 #66

Of course scale is important. One trillion dollars of property is substantial. DemocratSinceBirth Feb 2019 #67

Legally it is irrelevant. Voltaire2 Feb 2019 #70

No they don't. Cold War Spook Feb 2019 #63

The government closed coal mines and banned buggy whips? DemocratSinceBirth Feb 2019 #65

I doubt the government would ban private health insurance. Cold War Spook Feb 2019 #73

it is not a whole industry. It is a segment of the insurance industry. Voltaire2 Feb 2019 #14

OK, but I bet "health insurance" is big enough to count as an industry on its own. LAS14 Feb 2019 #15

I'll bet making exaggerated claims is one way to throw up bogus roadblocks. Voltaire2 Feb 2019 #20

I am not against single payer. I am against taking away people's property without compensation. DemocratSinceBirth Feb 2019 #23

lulzd Voltaire2 Feb 2019 #25

Are stocks not property? DemocratSinceBirth Feb 2019 #27

It isn't any different than any other company going out of business. Luciferous Feb 2019 #37

It's different because the government is telling you that you can't do business anymore. DemocratSinceBirth Feb 2019 #39

MFA would prohibit a specific type of Voltaire2 Feb 2019 #42

They just can's sell health insurance which is what they were chartered to do. DemocratSinceBirth Feb 2019 #46

Sure they can. Voltaire2 Feb 2019 #56

Are you joking? jberryhill Feb 2019 #77

Why? There'll still be insurance. brooklynite Feb 2019 #49

ask the coal miners how they coped onethatcares Feb 2019 #17

It amazes me when people defend our corrupt and heartless healthcare system. walkingman Feb 2019 #29

Ask Buggywhip manufacturers. gibraltar72 Feb 2019 #36

I don't recall hearing about the government outlawing the use of horses MichMan Feb 2019 #40

Wasn't this the argument against ending the coal industry? MrsCoffee Feb 2019 #43

As long as the coal miners are found new work and the owners and shareholders compensated DemocratSinceBirth Feb 2019 #48

Thanks. MrsCoffee Feb 2019 #50

I feel sorry for anyone who... tonedevil Feb 2019 #69

It would most likely need to be phased in. Turbineguy Feb 2019 #45

You mean like unemployment compensation? Midnightwalk Feb 2019 #47

I don't know. They will have good healthcare though. n't theophilus Feb 2019 #52

There will still be a need for private insurance with MFA, they wont all go away. nt Autumn Feb 2019 #54

Suppose they'll do what employees and shareholders of telegraph companies Jake Stern Feb 2019 #62

Simply allow them to continue selling their health 'insurance' (I call it extortion) pecosbob Feb 2019 #71

Why would it not create more jobs in the industry. WeekiWater Feb 2019 #75

thanks for clarifing mfa . was about to ask you that . AllaN01Bear Feb 2019 #76

Insurance companies wouldn't have to go out of business. They could sell super, duper, premium Vinca Feb 2019 #78