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RiffRaff posted:
skeldon_man posted:

Trump and Sanders are talking some sense..outsourcing and unfair trade practice etc. However, I do not agree with Sanders on giving away everything including the kitchen sink. Who is going to pay for his welfare programs?

WHich one of his programs is welfare?

Go check see what he is giving away for free.

FM

Problem with Uninsured people is that they cannot be refused treatment, and if they cannot pay, taxpayers must foot the bill...and hospital bills are astronomical...

So, one way or another...somebody paying

I don't like the current healthcare system, I thought it would have been less expensive, but I am paying more...plus the deductibles are killing me, so it's a double whammy...I am very dissatisfied with it

FM

This year my family joined millions of others whose health-insurance premium has become their biggest annual expense. More than our mortgage. More than our property taxes. More than our state income tax. More than our annual food or energy costs. With this year’s $194-a-month premium increase, I could roughly buy a Chevy Sonic or Ford Fiesta. Since 1999 our premiums are up 350%. Bad as this is, the story gets worse.

Each year our family is subject to paying health-insurance premiums and, if we see a doctor, deductibles and copays. Think of this total exposure as “health-care cost risk”—the sum of certain payments (premiums) plus the potential payments you could incur (copays and deductibles). Since early 1999 my family’s health-care cost risk has increased 1,190%. Over the same period, the Dow Jones Industrial Average is up about 80%, the consumer-price index is up 42%, gold is up 200%, median new home prices are up 74%, and the average cost per gigabyte of hard drive is down 99% to under three cents from $22.

Here’s the math behind my whopping increase. In 1999, having gone into business for myself, I needed health insurance for my then-young family. To enroll, I met a Blue Cross Blue Shield agent at Starbucks. (Quaint, huh?) We insured our family of four for $274 a month with a $250-per-person deductible.

ENLARGE
PHOTO: GETTY IMAGES/IKON IMAGES

Our annual health-care cost risk was $274 x 12, plus $1,000 in deductibles for a total of $4,288. My individual risk (that is, my personal share, excluding my dependents) was $1,072. By 2009, those figures had jumped to $10,716 in annual premiums for our family of four, plus $2,000 in deductibles—a threefold increase in health-care cost risk.

Since ObamaCare became law, the increase has been more than fourfold. The kids are “OTP”—off the payroll; just my wife and me now. In December 2014, I shopped on the Internet (not so quaint) for new health insurance. I bought a Bronze plan for two people that cost $1,037 a month and had a $12,600 family deductible ($6,300 each). We were blessed last year; we didn’t have perfect health but never filed a claim.

So I was shocked when my 2016 renewal notice showed a 19% monthly premium increase to $1,231—with a higher deductible. All comparable Bronze plans were within dollars of each other, so I grudgingly renewed. My individual health-care cost risk for 2016? It is $1,231 x 12, plus $12,900 in deductibles, for a grand total of $27,672. My individual share is half—$13,836. Nearly 13 times more than the $1,072 of 1999.

I accept that inflation accounts for some of this increase. And, being older, I present a higher actuarial risk. But 13 times more? The increase reflects an enormous shift of economic risk from the insurer to . . . me. One might think that this would lower my premium, not raise it. Alas, no. Risk assessment has gone kablooey.

I never thought I’d look forward to Medicare. If I were eligible today, my premium would be $122 a month, about one-tenth of my current premium. I have 21 months to go.

Many in the workforce have been shielded by their employers from the full effects of these changes. Small businesses, the self-employed, pre-Medicare retirees, part-timers and the unemployed have no shield. Who can be surprised if they go uninsured? If you can’t afford $14,000 in premiums, why pay them when all it buys is the exposure to another $14,000 (in deductibles) you don’t have?

I know the idea is that, over time, higher premiums and deductibles will lead to lower health-care prices, more competitors and better value. But “over time” reeks of the economists’ adage “in the long run”—when we’re all dead and, notably, have no health-care costs.

Meanwhile, how can we claim to have the world’s best health-care system when a healthy family’s insurance premiums are its largest household expense?

Mr. Press, a former president of Blanchard Valley Hospital in Ohio, is a health-care consultant and adjunct professor at Emory University’s Rollins School of Public Health

FM
skeldon_man posted:

Trump and Sanders are talking some sense..outsourcing and unfair trade practice etc. However, I do not agree with Sanders on giving away everything including the kitchen sink. Who is going to pay for his welfare programs?

Who is going to pay for US workers when foreign countries place sanctions on US products? Boeing is a major exporter.  Foreign carriers will buy from Airbus.  Boeing lays of workers. I can say the same for many other US exporters as well.

What folks need to understand is that the US does export.  What folks also need to ask themselves is why does Germany export almost as much as does the USA, and exports MORE industrial products.  Maybe the USA is losing its competitive edge.

Americans also need to ask themselves whether they really want to pay for US labor rates. Companies outsource to reduce labor costs. If labor costs are higher than Americans will have to pay more. Are they willing to do this?

FM
baseman posted:
 

We are losing our advantage and Obama just made it worse!!

His approach to resolving complex issues was as juvenile as his "unclench fist" and his "JV Team" scenarios!!

This is why he could not make headway with the GOP in Congress.

Anyway, I doubt Trump will slam the door shut.  He is a pragmatic international business man who understands the intertwined trade relations!!

How so?

1. The USA has the fastest growing economy among the developed nations.

2. The USA has experienced more job growth out of the depth of the recession.

3. Foreign investors are pouring assets into the USA, and as a result the US dollar has been strengthening.

4.  There has been some transfer of jobs from China back to the USA.

5. The USA auto industry, which was in a dismal state since the 70s is in better shape than it has been for a long time.

Now be a good boy and stop hating Obama because he is a black man. Obama RESCUED this nation from the mess George Bush left it!

FM
baseman posted:

Bush "steroids" were actually run-off of Clinton's!! 

How so?  Bush waged a very expensive war, and tax cuts that he couldn't afford, so the Clinton SURPLUS that he left became a $1.4T deficit (FY ending 2009) when Bush left.

In 2000 derivatives weren't as big as they became during the Bush era.  Democrats tried to insist on oversight and Bush REFUSED.

Under Obama we had increased regulation of the financial services, which the GOP wish to UNWIND, taking us back to the Bush era.

While one could have argued that they didn't know how dangerous derivatives were in 2000, to make the same argument in 2016, which the GOP does, is pure nastiness!  But this is where the GOP wants us, and the hate Trump because he says otherwise.

FM
skeldon_man posted:

. If we all sit down and wait for a handout, this country will go under.

You will note that it was Clinton who got rid of multi generational welfare, and that Obama did not re-install it.

Now I know you are a racist who thinks that black=welfare.  Now continue to wallow in the ignorance of the fact that supporting a white fascist will be good for your health.

FM
Demerara_Guy posted:

 

It is quite likely that Bernie Sanders could become the Vice-Presidential candidate for the Democratic Party.

May well happen as it is obvious that Hillary cannot appeal to the white working class male, who she will need in order to win states like MI, PA, OH.  Especially as no one (except Kari) knows how high the black turn out will be in Nov.

FM
Demerara_Guy posted:

Interesting times ahead, CaribNY.

The Democratic debate this evening was quite interesting which continues to be quite civil, despite strong differences in views -- unlike what has been happening on the republican side.

The GOP will live to regret this, especially as it is anticipated that their Convention will be pure bacchanal.

FM
caribny posted:
skeldon_man posted:

. If we all sit down and wait for a handout, this country will go under.

You will note that it was Clinton who got rid of multi generational welfare, and that Obama did not re-install it.

Now I know you are a racist who thinks that black=welfare.  Now continue to wallow in the ignorance of the fact that supporting a white fascist will be good for your health.

Statistics bwoy...

FM

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