Thursday, March 18, 2010

Where Does The Time Go?

I'm just sitting down here to start writing and looking at the clock, thinking, "how the heck did it get to be a quarter to nine?" Where did the time go? Germany?

I turned the computer on about 4 hours ago. Of course, I probably spent more than two hours watching partial clips on the Fox News website about this damnable healthcare bill that the President is trying to push on us without the benefit of a kiss. I am praying so hard for this thing to finally die the death that it should have died in committee.

I love the way they are trying to "help" us. According to all the accounts that I have heard about this bill, it would force all Americans to be covered by some sort of health insurance. That sounds great, right? Well, just how great does it sound? I was talking to a friend of mine who works for the state of North Carolina. Do you know how much he has to pay to cover his 30ish-year-old wife? Over $600 a month. Now let's consider someone who is working for minimum wage. I think that rate is $7.25/hour.

Let's assume a 3,000 hour work year. For normal people it would be 2,000, but someone on minimum wage would have to work two jobs at least best case scenario. That would amount to an annual wage of $21,750 prior to taxes - $1,812.50 a month BEFORE taxes.

Based on the percentages that I found for a typical US household approximately $600 would be spent on housing, $230 on food, $275 on transportation. At least another $300 would be spent on utilities. That tallies to $1,405, leaving only $407.50 for taxes and all other expenses. This scenario would be difficult for a single person. It would only be exacerbated for a single income family.

Check my math, but how would someone in that income bracket afford a $600 monthly insurance bill? Yet the government is going to tell that person that he must choose between, food, clothing, heat, or transportation and health insurance or face a fine - a fine that could eventually land the individual in jail if not paid. A fine that would end up causing the individual to incur legal expenses in addition to their other normal expenses. No thanks. I don't want help like that.

So, it would appear that the government is coming down on the side of insurance. I mean, if everyone has to have some sort of health coverage and there isn't going to be a public option then that means insurers will be the ones still making the money. And I am sure that there will be minimum coverage requirements. This is going to prevent any real change from taking place. If everyone is having to cough up the big bucks that the insurers will charge or face a fine then you are creating a situation that will introduce a moral risk.

It is a lot like people who go to a buffet. They may satisfied after the first plate, but because they have paid a higher fee for "all you can eat" then the inclination is to make sure that they got their money's worth even if they have to make themselves miserable to do it.

The same thing will happen with health care. Because you will have people who are having to sacrifice to make their monthly insurance payments, you can rest assured that they are going to go to the doctor for every little thing. This will put further pressure on the insurance companies to maintain the hefty profits that they are accustomed to resulting in rate increases and compensation decreases to medical providers. It will also increase demand on medical resources.

These pressures will create another "HEALTHCARECRISIS!!!!!!" That will give the government an excuse to create a one-payer system - a system with a dismal success rate historically. The only joy I would get from that is watching Michael Moore's fat butt getting turned away from a government run health clinic because he used up his quota of medicine.

I pray to God that this mess can be undone.

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