Intel's Ronler Acres Plant

Silicon Forest

Thursday, November 12, 2015

Obamacare


Alternet dot org has a story about a short film about health insurance in the USA. The film was produced by Richard Master, the owner of a small east coast company, 'small' being a relative term. The film just skims over the issues. One point they make is that one-third of the three trillion dollars that gets spent on "Healthcare" in the USA goes for "administrative" costs. That's one trillion dollars. That's $3,000 for every person, man, woman and child in the country. Since only about half of the people in this country work (children, retirees, prisoners, students and slackers don't), that means health care is costing every working person $6,000 a year, or $500 a month.

    There's been a lot of belly-aching about Obamacare, but I'm gonna dump it all into two categories. Either the belly-acher is rabid hates Obama and everything he does, or they work for the insurance company and they don't want their job and it's fat paycheck to disappear. There might be good logical reasons to oppose or support it, but I'm not gonna wade through all the crap that this topic has engendered to find out.
    I'm pretty sure that the biggest problem with Obamacare is that it doesn't go far enough. On the other hand if they do get rid of all the waste in the health insurance business, that is going to put a lot of people out of work. Question is, will American companies hire more people with the money they save on health insurance? Or will they just keep it all for themselves? I do have a certain amount faith in businesses that make things, I think they'll use the money to hire more people to do more work.

No comments: