Monday, February 22, 2010

Capitol Theatre

When the curtain comes up on the Bipartisan Health Care Summit it will be with bated breath and intense curiosity that we watch the first act of president Obama's medicine show.

The president says he wants to hear the ideas from the other side of the isle. You know, the people he has ignored, and accused of not even having a plan (despite the waving of paper and cries of 'you lie' at joint sessions of congress). And now, he has to prepare the country of some of the most insidious shenanigans this country has seen if he wants to pass any measure of health care now that he has frittered his first year super majority away.

President Obama urges Democrats, GOP to compromise at health-care reform summit

President Obama warned lawmakers on both sides of the aisle Saturday not to turn the upcoming White House health-care summit into "political theater," but rather "to seek common ground in an effort to solve a problem that's been with us for generations."
What-A-Joke! The intent is 100% to produce "political theater,"  that will distract the masses from the issues at hand. It is 100% intended to stir a political dust storm that will send partisans to the barricades, and get the howling fever pitch of the far left base so incited that the issues of the health care plan get lost in the din of emotional furor. 

Obama puts forward last-ditch health care plan

First of all "Don't you believe it"! This is upping the ante, and I don't think it's even a bluff that he is willing to bargain away. He still believes that he can still wrap his plan into a populist frenzy.
Making a last-ditch effort to save his health care overhaul, President Barack Obama on Monday put forward a nearly $1 trillion, 10-year compromise that would allow the government to deny or roll back egregious insurance premium increases that infuriate consumers.
There is nothing 'last-ditch' about this. More over, it is a more aggressive take over than single-payer. If Obama cannot take over health care now, then he will put in place regulations that drive insurance companies into bankruptcy.
egregious insurance premium increases that infuriate consumers.


  [ih-gree-juhs, -jee-uhs]  Show IPA
extraordinary in some bad way; glaring; flagrant: an egregious mistake; an egregious liar.
Archaicdistinguished or eminent.

1. gross, outrageous, notorious.

What is egregious about trying to stay in business? Especially when you are footing the bill for people who need their medical procedures paid for?

The WellPoint Mugging

WellPoint's California unit, Anthem Blue Cross, recently informed nearly 700,000 individual insurance customers of premium increases of up to 39%. President Obama jumped on the announcement, claiming in a pre-Superbowl TV interview that the hikes were a "portrait of the future if we don't do something now."
It certainly is a preview of the future.
Wellpoint's rate hikes are the direct result of the Golden State's insurance regulations—the kind that Democrats want to impose on all 50 states. Under federal Cobra rules, the unemployed are allowed to keep their job-related health benefits for 18 to 36 months. California then goes further and bars Anthem from dropping these customers even after they have exhausted Cobra. California also caps what Anthem can charge these post-Cobra customers.
Most other states direct these customers to high-risk pools that are partly subsidized, but California requires the individual market to absorb the customers and their costs. Even as California insurers have had to keep insuring these typically older and sicker patients, the recession has driven many younger, healthier policy holders to drop their insurance—leaving fewer customers to fund a more expensive insurance pool.
This explains why Anthem lost $58 million in California on its post-Cobra customers in 2009. If WellPoint didn't raise premiums amid these losses, it would soon be under assault from its shareholders, if not out of business.
If Obama cannot get the single payer system that he wants, well then, they'll just legislate the things that will will take independent control from publicly held companies and force them into bankruptcy, and then the Governement will have to step in and take over. Which is what he wanted in the first place.
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