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Thread: Union pulls support for Obamacare, a sign of things to come?

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    Moderator BanginJimmy's Avatar
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    Quote Originally Posted by bu villain View Post
    How about comparing a private market solution that doesn't go through an employer vs our current system?
    No way to compare them. People would be absolutely shell shocked to see what their insurance actually costs compared to the percentage they pay through their employer.

    There is no way for a private individual to negotiate rates based on diversified risk. When your employer negotiates with an insurer, they can get a lower overall rate because individual risk is spread over a large pool of participants.


    Quote Originally Posted by bu villain View Post
    That being said I still believe a single payer system could be more efficient although clearly the current government system needs a lot of work.
    Of course it COULD be, and in all honesty, it should be. The issue is that in real life it wont be. Our govt has proven that it can do absolutely nothing in a smart or efficient way. Under govt control, health care will go from 17% of GDP to 25% in 5 years and top 30% in 10 years. You can bank on that.
    Last edited by BanginJimmy; 05-09-2013 at 08:39 PM.

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