TYT: Pros & Cons of the Health Care Reform Bill

[ihavenobias]

Run time: 14:33 https://www.youtube.com/watch?v=sO6JXVBeBgs   Posted on YouTube: March 23, 2010 By YouTube Member: TheYoungTurks Views on YouTube: 5641   Posted on DU: March 23, 2010 By DU Member: ihavenobias Views on DU: 2968

 

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Summary: Cenk explains some of the major pros and cons of the healthcare reform bill, the most serious of the latter being long-term cost control (or having insurance companies jack up the rates right before the next election). I also included a direct video link at the end of this video to Cenk's interview yesterday with Rep. Alan Grayson.

[OhioChick]

1. Bookmarked for later....K&R n/t

[mrcheerful]

2. Got to love the comment section on youtube, the wing nuts whine and cry about

free trade having the answers and how this effects supply and demand, now that everyone is being forced into coverage prices are doomed to rise. Didn't they learn anything when the oil companies jacked up the price of oil products that people bought gas saving cars thus meaning demand dropped yet the prices kept going up because oil companies started slowing down production at refineries?

Supply and demand has no effect on prices any longer since Wal-mart started dictating to businesses how much they would pay for a product. Doesn't anyone read their medical bills? I do and one thing that jumps out at me is how a doctor or hospital charges say $100 for example, My insurance pays $90 to the bill leaving the doc or hospital $10 short which they can bill me for, though few do, but I have received bills for those charges medicare wouldn't pay. Which leads me to believe most of those people posting on youtube as being very young and not understanding how the system works.

[phantom power]

3. If they had based SS on private investment firms, it would have been a corporatist nightmare.

Which is what this incarnation of HCR is in immediate and long-term danger of becoming.

[ihavenobias]

6. We share the same fear. n/t

[Mithreal]

4. +1 Well said, Cenk. A lot of that Mission Accomplished smell right here too

[ejbr]

5. K & R n/t

[20score]

7. Very good. K&R

[pundaint]

8. It's nice to hear someone who is not all breathless one way or the other. He is right

he could have added the historic perspective about how the for-profit insurers have promised to do better forever and have never yet delivered. I take a harder line on the aggressive mischaracterization of benefits from both sides. Lying Republicans and lying Democrats both exhibit the same qualifications for office by my criteria - none. Democrats are lying to hide the massive giveaways to corporations, and to hide the ways taxpayers will be further bled to help pay small business insurance costs, increased and unnegotiated drug prices, and healthcare costs for the poor - with a cherry on top for the for-profit insurers. The Republicans are lying about the few positive benefits, and the larger goofy political implications. Taxpayer costs will go up, the CBO study isn't concerned with that. We could have spent all that money on healthcare. Our Congress thinks it is in their interest to give 15-20% of that money to private corporations. If you think so too, return them to office. For me, all Republican incumbents and all yea Democrats will not get another one of my votes, I'm against Republicans for no contribution, and demonstrated unsuitability for public administration, and for Democrats for still passing Republican legislation after we made them a super majority. If the votes were not there to pass a Peoples bill why should the People renew their contracts?

[WillyT]

9. K & R !!!

:kick:

[Wetzelbill]

10. K and R

[theFrankFactor]

11. My Bet? This Piece of Shit Bill Will Feed Republicans Red Meat.

It's a shit bill written to appease industry insiders and corporate dems (including Barack Obama). A morass of hose shit finely crafted to fuel the Republican take over of Congress and the White House- There I said it.

Anyone see that fucked up show V? The fucking aliens want to provide "universal health care" I SHIT YOU NOT! I told my wife ten minutes in - these fucking aliens are supposed to be Liberals.

[unapatriciated]

12. K&r

I feel the same way.

[Rhiannon12866]

13. K&R! Thanks for the information... Bookmarking.

And I'll vote for TYT, but throwing Adam Sandler in there isn't much of an incentive... x(

[szatmar666]

14. Cenk as all libs and cons nowadays is a little gun hoe about politicians

and he can't see past the obvious. Obama and the dems are playing 3D chess here buddy, not checkers like you and I and the republicans. No insurance company will dare to raise rates between today and Nov 2nd or EVER, because they will blow their chances of getting into the exchange 4 years from now. The bill cannot be repealed and it will take effect, they know this, it would be foolish from them to try. Starting from today there is nothing for the industry in getting republicans elected and that's why they did all the rate raising while they could: it was simple hedging.

Not only that, Cenk missed the most important immediate benefits: the ones to the real economy. Republicans said this bill is going to upset 1/6th of the economy. they were wrong: it is about to change the WHOLE economy. In a nutshell, it redirects power from the investor class by taxing investment income and by regulating the insurance industry. The largest ones are all owned by private equity or investment banks, for ex MultiPlan (70 million customers) is owned by the Carlyle Group and thus by far the greatest incentive to price gauge americans is not because insurance companies are "evil bastards" but because their largest shareholders have the wrong incentive structure (such as executive compensation and transparency requirements) and that incentive structure is about to be upset by financial regulations as well.

So all I'm saying there is more to this than what meets the eye and it ain't over until the fat lady sings ;)

[pundaint]

18. As if. Obama's game is bait and switch

[grahamhgreen]

15. Cenk - if we can get rid of the mandate, it would be decent reform.

Will the mandate pass a constitutional challenge?

[szatmar666]

16. the mandate and the multipayer system go together

it's not possible to have a private multipayer system without mandates. So, no, it wouldn't be decent without the mandate because it wouldn't work for a simple reason called "adverse selection". single payer is the ONLY alternative to this or stronger regulations that would turn ALL insurance companies to de facto non-profits like in Switzerland.

[grahamhgreen]

19. It's fine to get rid of the mandate - all this will do is reduce big insurance profits.

[ProgressOnTheMove]

17. This bill will be fine, it's just a start now we work on more progressives in Congress to make it ..

the best.