Sunday, December 1, 2013

HEALTHCARE INSURANCE

Insurance is a pooling of money to compensate some of the people for certain losses which are possible,  The probability of their occurring determines the number of claims which will be made and the risk the insurer faces.  The greater the probability, the less the arrangement is "insurance".  It can reach a point where the plan is really not "insurance" but a prepayment, almost a savings account, to pay for any claim. This is reflected in higher "premiums" because almost 100% of the "insured" will use the service(s) which are insured.

Obama is compelling people to pay to insure themselves for risks they do not face.  There is ZERO possibility that they would ever need some services for which they are "insured".  It cannot be called "insurance".  It must be called extortion since they could NEVER benefit from it.  It can't be called a "premium" or a "tax".  It is extortion by deception.

Obama could have achieved his stated goal of insuring the uninsured by leaving all else in place, including Medicaid, and subsidizing private policies for the working poor.  It was never about insuring the poor.  It was about controlling as many people as possible by holding their very lives in the government's hands.

1 comment:

Anonymous said...

In Complete agreement ! Well Said !