Saturday, December 26, 2009

25% equals Fail : Understanding The health Care Bill

Please talk to you congress critters and tell them that the plan they are voting on is critically flawed.

#1 It more tightly ties health insurance to employment. Since the average time any American spends on a job is only 4 years there is no benefit for health insurance to keep the person healthy for a lifetime, which is the only hope to reduce cost in the long term and improve service (like in the VA)

#2 In a world where the median healthcare spending is about $700 per person (that means 50% of the people in the country use less than $700 of medical services a year). Its unconscionable that everyone will be required by law to spend 8 to 12% of their income on health insurance before they get government help to purchase health insurance.

#3 It unconscionable that the federal government will pass an unfunded mandate by increasing the number of people on Medicaid without having long term federal funding solution to this huge increase for state's budgets.

#4 But the biggest fail of this monstrosity is that after all of this spending. 18 million American still wont have health insurance. Since they say 40 million don't have insurance now. Only 22 million will get insurance (mainly because of mandate details below)

http://aspe.hhs.gov/health/Reports/05/uninsured-cps/index.htm#income
As you can see 17% of the uninsured are 400% of more of the poverty level who wont get any government aid to purchase insurance. So the mandate alone adds 10 million more insured. So everything else only insures 12 million more people. At a cost of about 200 billion a year. Which is $16,666. per extra insured person per year.

(Just to clarify it doesn't cost $16,666 a year to purchase health insurance of a person in the individual market).


10 million extra insured out of 40 million uninsured today is 25% more insured. 25% by any measure is failure.

Tell congress to try again.

Wednesday, December 23, 2009

How Insurance Companies Will Rake in Profit's thanks to the Health Insurance "Reform"

The key to profits for health insurance companies are to collect premiums and not pay out benefits.

The reform bills that are currently in the Senate and the House will send billions and billions of dollars into the hands of private insurers without them having to pay out those premiums in benefits.

How can this possibly happen ? Doesn't the bill control every behavior of the health insurance companies ? No it doesn't. It controls some past behaviors but it doesn't for even the most likely future behaviors.

It is a well known that that unless your insurance premiums are paid in full you are NOT eligible for benefits.

Thanks to the new law everyone will be required to get health insurance. So most people especially poor people will go out and get an policy. Why will they do this ? Because the Federal Government may pay 50% or more of the bill. As cash for clunkers shows, people like "free" money.

In order to improve efficiency the government will make direct on time online payments directly to the insurance companies. Any time the policy holder doesn't send in his/her portion of monthly payment that person will be uninsured and the money the insurance company received from the government will be pure profit since they will NEVER have to pay out benefits in those cases.

Over 4000 pages between the two bills, billions being paid from the federal treasury directly to insurance companies. And nothing to prevent this 1 of many ways that these bills will fail to accomplish their goal of making sure all Americans have health insurance.

Friday, December 18, 2009

Keynes vs. Hayek

Sunday, November 29, 2009

Thorium Remix 2009 - LFTR in 16 Minutes

Sunday, November 01, 2009

HAIR















Tuesday, October 20, 2009

Monday, October 12, 2009

"Enough is as good as a feast" - Mary Poppins

Saturday, September 12, 2009

Hard Work

Thursday, September 10, 2009

My Computer Totally Hates Me!

Classic Onion from 2000.

Monday, July 06, 2009

Syfy -- grrr......



When you see a landing page like the screenshot any pro web developer would say amateur hour, which it is. Think over a decade of links now broken. But that is no matter. The name change is silly but it exists for a reason. They can't trademark Sci-fi by they can trademark Syfy. Do they really think they can sell Syfy buttons? Grr....

I know I should post my grand unified theory on the economy or where the world is going. But this Syfy stuff bothers me NOW, and I hope within a few months I will get over it.

I just know I will enjoy Eureka less (can't link because site is not up). Because its on Syfy.

I should have taped the last Sci-fi 4th of July Twilight Zone marathon. :(

Just a little sad.