General Discussion
In reply to the discussion: Obamacare is Single Payer with a time delay [View all]TheKentuckian
(26,314 posts)while giving them a captured costumer base and a key to the Treasury to make up the difference between the blood squeezed from stones and what they want to make is not a bridge to single payer. The cartel was closer to doomed under unchecked avarice as more and more would be priced out and so forced to give up their coverage which in turn would shrink pools and further increase costs again forcing more and more out until the system underwent cascade failure, choking on systemic entropy and unchecked avarice while an ever growing portion of the American people would lose access and consequentially support for the system that left them, their children, parents, and associations behind to die.
At the same time the health care sector would create enemies across the spectrum of capital because the the skyrocketing costs would tie up and consume an ever increasing percentage of the economy as long as folks and their employers could keep up and other industries and sectors would be forced to turn on them as their ability to produce profits were choked off, commerce gobbled up by high priority players burning the candle far too quickly. The rate of medical inflation alone was the cartel's demise, with them already controlling over 16% of the economy the time was quickly approaching exceeding the carrying capacity of consumers and the overall economy, especially in a time of stagnant and declining wages and slow overall growth.
Of course these conditions are still operative but now maybe mitigated to a large enough degree to extend the vitality of the cartel more than anything else, giving them maybe a generation of additional time in the sun before the inevitable happens and employers, government, and individuals are priced out and pool collapse becomes unstoppable.
The cartel has now been bolstered by the full faith and credit of the United States and compulsory customers, they are more viable going forward than in twenty years.
Cutting a man's calories who is to morbidly obese to leave his room without taking down a wall is not killing them softly, it is extending their health and long term viability. Of course it is possible that there is no calorie reduction anyway, more a different distribution.
The logic also forces one to pretend the cartel didn't participate in the writing of the law and weren't involved in every step of the path but CLEARLY they did and were, it wasn't even a wink and a nod deal. The cartel was all up in Baucus' mark, were a part of about every major negotiation, had very friendly people heading the effort like Zeke Emanuel, and a framework built from acorn to leaf to bolster the industry and maintain the existing profit centers.
I hope you are right as rain but it seems pretty far past wishful to me and approaching delusion. The Heritage Foundation didn't design this scam to take down the insurance cartel but rather to kill off actual systemic reform and keep the money rolling as long as possible before the bottom falls out.