SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DuckTapeSunroof who wrote (42360)3/23/2010 7:27:09 PM
From: TimF  Read Replies (1) of 71588
 

Re: "Your subsidizing individuals when, and only when, they buy the products from the companies."

A) That is *not* true with respect to the example that I gave


Medicare, isn't the subsidizing of companies (at least not in that way, or otherwise directly), but that just shows how it isn't very relevant to the discussion. It isn't the same as Medicare Advantage, Medicare Part D, or the subsidies for insurance in Obamacare, which do all go through companies.

The issue was between Obamacase and Part D. Comments about plain old vanilla Medicare doesn't tell us anything about those two programs, their simularities, or their differences.

Remember: for every $1.30 of taxpayer money that is handed over to these private for-profit corporations to induce them to sell Medicare Advantage insurance plans... only $1.00 makes it out to the end-customers, the rest gets absorbed in 'costs' and profit margins at these companies.

They are hardly going to provide the service for free.

Also the same idea holds for Obamacare. The subsidies for insurance buying also help the insurance companies bottom line, as does the mandate to buy insurance.

If Part D is "corporate welfare", so are those parts of Obamacare.

(And the fact that other parts hurt companies doesn't somehow make up for it or change that fact. If you have a corporate welfare program and a corporate bashing/cost adding program and they balance each other out in net costs, you still have both, and the disadvantages of both, not "a program with zero impact on companies".)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext