General Discussion
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Supposedly Paul Ryan is the Republican Party's "policy wonk".
He is the one they turn to for details and the media fawns over as "intelligent".
The fact that he said this yesterday shows he doesn't have a grip on on even the basics of how insurance works.
Or, he really does know how insurance works and was preying on the ignorance of those who don't understand how insurance pools operate.
Either way it's a very troubling thing to say.
Paul Ryan: The conceit of Obamacare, he said at his press conference on Trumpcare, is that young and healthy people are going to go into the market and pay for the older, sicker people. Thats why Obamacare is in a death spiral, he noted.
The insurance corporations support this Republican bill. One of the many reasons is that the ACA requires at least 80% of our premiums we pay into the insurance pools goes towards actual health care. If that does not happen we receive a reimbursement check.
This goes away with GOPcare.
Interesting that the AMA, AARP, Hospital groups, Doctors, care givers, consumer groups, etc are unanimously opposed to this and on the support side are insurance corporations and the wealthy who will receive a heafty tax cut. Especially those making over $700K per year.
This bill will cause death and bankruptcy.
Xipe Totec
(43,890 posts)sarcasmo
(23,968 posts)dalton99a
(81,485 posts)Wounded Bear
(58,649 posts)gives a $600 Billion tax break to the wealthy. That's what they really want.
Motley13
(3,867 posts)from one of today's toons
Eyeball_Kid
(7,432 posts)Insurance coverage can roughly be defined as a co-operative economic venture.
Through this RepubliCare offering, we can assume that the GOP is not in favor of co-operative ventures of any kind, and see co-operation as anti-capitalist.
Competition and zero-sum conflicts are the underpinnings of the GOP's political and philosophical agenda.
The GOP is hellbent on Ayn Rand's Objectivism as the foundation of Constitutional governance.
Fred Sanders
(23,946 posts)only someone that ignorant would be able to destroy a working insurance scheme like the ACA.
Maybe he should ask his car insurance company how insurance for his car works because it is the same business model for the health insurance companies!
haele
(12,652 posts)Young, wealthy, and healthy people in Ayn Rand's world never need to buy insurance, because the worst that happens to them is their feelings get hurt when they try to collect more praise and "stuff" by simply existing on their inherited wealth. Only weak people and moochers linger on taking money away from the superior people who deserve it when they get too sick, old or too injured to continue to serve the masters.
Sort of like Paul Ryan. For all the "my family suffered and survived all on our own when my dad died of a heart attack" story he peddles, he probably even resents his wife being "so weak" when she had to spend time seeing her OBGYN for pre-natal and birth care for his kids instead of catering to his ego.
Haele