Well the first phase of Obamacare has left its mark on the American people and the results are horrendous. It has created 20% to 50% rate increases both individual and group health plans and forced business’ to change the types of plan coverage and participation from employees. I have talked to seniors in the Florida state group health plan facing $850.00 per month premiums next year, this is a direct result of Obamacare and not out of the norm. Below is the latest results of rate increases and their effects from the Society of Human Resource Managers a very progressive group!
The real effects are now just being felt and the biggest causal factor is the Minimum Loss Ratio requirement of 85% for large group and 80% for small group and individual plans.
For more on calculating MLR go to: http://healthcare-legislation.blogspot.com/2010/04/reporting-minimum-loss-ratios.html
This requirement forces all health insurance companies to spend 80 to 85 cents out of every dollar on the health care of the policy holder or group member and if they do not, they must reimburse these funds back to the consumer.
So lets extrapolate that concept:
1. You own auto insurance or homeowners insurance and did not get into an accident or have a claim on the policies, so you should get back 15% to 20% of your premium $$$. 2. You own life insurance or disability insurance and did not die or become disabled this year so the insurance company should give you back part of your premiums. ( they do have Return Of Premium policies that are 125% more expensive than their non ROP policies) 3. You have a cable or satellite subscription and you only watch broadcast stations so you don’t miss Dancing with the Stars, so the company should give you back your monthly fee because you can get that station with an antenna.
4. You buy groceries and before you eat them they spoil because you decided to eat out every day this week or you went out of town, so the grocery store should reimburse you for the spoilage even after an obvious consume by date.
Insurance is to protect you from RISK not to provide you with free consumption or reduce your responsibility to provide for your own well being! The Declaration of Independence states the following: http://www.ushistory.org/Declaration/
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.
No where in that statement does it say that this government was created to guarantee that a minority of the population was entitled to a free ride or that any citizen was entitled to anything more than the right to live, the right to be free and the right to pursue your dreams as long as they did not take these rights away from anyone else!
The Fascist ruling class elitist’s in their infinite wisdom decided to enslave another section of our economy by enslaving both sides of the industry by controlling the financial profitability of both the payer and the payee and using you Mr. & Mrs. America as the cause celebre'. This is the first step in breaking the back of the system itself, destroy from within and then replace with their ideal plan: the failing socialist system now bankrupting Europe, Canada, Cuba and everywhere else.
They are now forcing every health insurance company in America to recreate its business model and cut commissions to agents, cut payments to doctors, drop hospitals and clinics from networks, drop plans offering lower premium / higher shared costs, look for alternative lines of business and reduce their work force! Assurant health recently “laid off” over 20% of its employees and the others are doing the same. This legislation is destroying the healthcare system from within and that is exactly what it was designed to do from the start! Do you really think it took 550 legislators, 1000’s of lobbyists and the ruling class elite plus puppet masters such as George Soros, 5 different attempts to create 1 plan to turn our country into 1934 Germany and their health care system?
Are you that stupid?
The ruling class elite are using the double digit masses they helped create, with the multitude of social reformation programs they have shoved down our throats and created billion dollar departments that are self sustaining bureaucracies full of their like minded minions that continually attack our Constitutional Republic! They occupy the ranks of the unions that espouse socialism as their doctrine. They are the so-called intellectual elite that “educate” our children in our schools, administrated by one most obvious socialistic dept’s. in our government the Dept. of Education aka. the Dept. of Indoctrination! But that is a discussion for another day and blog.
Their goal all along is control you by controlling who gets care and who does not. Population control at its most insidious!
So how do you fix it?
Repeal this nightmare and make the individual responsible again, this is where we have gone wrong every time, we keep allowing the “ruling class elite” to dictate policy for the few, to the many! We have been silent too long, we have slept too soundly and we have doubted their evil hearts! And oh yes! they are evil in both thought and deed, they are willing to destroy everything to gain power and will sell out all for their profit. They point the finger at you and say: “you the conservative patriot are the problem” because we kept waking up just in time stop them: well this time we did not! They have for 40 years stolen our right to liberty and the pursuit of happiness and all that is left is life: and now with Obamacare that is now in jeopardy!
It is time to remove the evil from our government and our society, this past November was a good start but now we must be even more vigilant and determined in our oversight! And never forget what it was that created this Republic the United States of America.
That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.-
The Founding Fathers got it right the first time when after much debate they realized that government not the people were the greatest threat to freedom!
In Freedom and Liberty,
Dr. Keith C. Westbrook Ph.D.