Healthcare Reform 101

[szatmar666]

Run time: 07:27 https://www.youtube.com/watch?v=VVT0-MBVUzk   Posted on YouTube: March 20, 2010 By YouTube Member: madashelldude Views on YouTube: 0   Posted on DU: March 20, 2010 By DU Member: szatmar666 Views on DU: 618

 
No nonsense explanation of what's really in the bill by one of the principal authors MIT economist Jonathan Gruber. This Sunday might go down in history as the day democrats added a 32 million strong voting block to their base. Republicans are freaked out, I don't blame them ... wait a minute: I DO! LOL!

Part 2: http://www.youtube.com/watch?v=Kk4sJBa45Ik
Part 3: http://www.youtube.com/watch?v=2xt15FEccCQ

[denimgirly]

1. So he admits there is No Cost Control (he co-wrote the ideas in the bill)

From his very interesting discussion he admits they have no real cost control but have ideas that might hopefully control the curve but will just toss the ideas out there and see what works.

It is clear this Senate bill is trying to allow rich people to continue to be rich and those companies to continue to make exhorbatant profits but at the same time trying to allow those who cant afford it to get in on the health care too....The problem is that this approach is unsustainable unless you bite the bullet and say enough is enough and control the profit taking by these companies by law. He admits that doing such a thing is political suicide since the rich want to continue to live in the Hamptons drinking martinis and so the bill has to respect that.

From what i also gather, the Public Option and Single Payer approach will NEVER happen in our life time because of the need to make rich people richer and companies more profitable over anything else. The approach is to just give more money from the government that was collected from the poor and subsidize and line the pockets of the rich to keep them happy.

The system is broken.

[szatmar666]

2. no he does not admit to that

what he is saying is that the exact amount of savings achieved by every single cost control measure is impossible to tell in advance. what he is saying is that some measures will succeed in controlling cost others will fail, policy is a trial and error proposition, it's just like everything else in life. Too bad americans usually find the right way only after exhausting all other options.

This current proposal is very close to what they have in Switzerland or the Netherlands where they have no public option and they achieve cost control on a private multipayer market with very stringent regulation of the insurance industry. That insurance regulation can be achieved incrementally, he calls it "progressive incrementalism" and it's been proven to work. Social security for instance did not have medicare in the bill in 1935.

I hope we don't have to wait for 30 years to get a system similar to Europe's but if trends continue we will not have to: corporate america, ie. the rich as you put it, will beg for it because the USA is about to be forced to start competing in the world market of real products instead of playing in the financial casino and on that market corporations that have to be in healthinsurance beside manufacturing widgets are at a competitive disadvantage. GE could compete because its most profitable arm was GE finance. GM could compete because GMAC was making money head over fist in the mortgage bubble. That gig is up.

[mzmolly]

3. Excellent so far. I just finished the first video.

Good explanation of the need for a mandate.

[mzmolly]

4. Everyone should rec. this comprehensive information.

Thanks again for sharing.