"Donald Trump has at long last unveiled his healthcare plan, branding it the “Great Healthcare Plan.” The core of the proposal is to cut the private health-insurance companies out of healthcare altogether — something liberals have been demanding for decades.
The Republican president is proposing that Uncle Sam send each of us a check every year so we can buy our own healthcare directly from doctors, hospitals, pharmacies and so on.
The first thing to say is that if this plan had any chance of becoming law, stocks of the health-insurance companies would be plummeting on Wall Street. After all, this bill would devastate, or even effectively destroy, their businesses.
Instead, health-insurance stocks actually rose after the announcement. Many were up by 1% or even more.
Investors are not shaken. They are not even stirred. Wall Street thinks this proposal has no chance of getting through Congress.
And, given the power, influence and campaign donations handed out by big insurance companies, Wall Street may well be right."
Do they plan for the government to give each person the amount of money that will buy the healthcare they need each year? Because one little malignant brain tumor can change your annual total from $50 to $50,000 or more. And it could happen in Year One, before you've had time to save up. Yes that's how insurance works, or is supposed to if it weren't all about profits
I would suggest the government pay the doctor directly, but not with these clowns in charge of the government! They'd be putting it all in their own pockets while doctors starve and citizens die.
2 Comments
Eggscellent@sh.itjust.works · 4 pts · 238d
I like this take from Market Watch:
"Donald Trump has at long last unveiled his healthcare plan, branding it the “Great Healthcare Plan.” The core of the proposal is to cut the private health-insurance companies out of healthcare altogether — something liberals have been demanding for decades.
The Republican president is proposing that Uncle Sam send each of us a check every year so we can buy our own healthcare directly from doctors, hospitals, pharmacies and so on.
The first thing to say is that if this plan had any chance of becoming law, stocks of the health-insurance companies would be plummeting on Wall Street. After all, this bill would devastate, or even effectively destroy, their businesses.
Instead, health-insurance stocks actually rose after the announcement. Many were up by 1% or even more.
Investors are not shaken. They are not even stirred. Wall Street thinks this proposal has no chance of getting through Congress.
And, given the power, influence and campaign donations handed out by big insurance companies, Wall Street may well be right."
Mouselemming@sh.itjust.works · 6 pts · 238d
Do they plan for the government to give each person the amount of money that will buy the healthcare they need each year? Because one little malignant brain tumor can change your annual total from $50 to $50,000 or more. And it could happen in Year One, before you've had time to save up. Yes that's how insurance works, or is supposed to if it weren't all about profits
I would suggest the government pay the doctor directly, but not with these clowns in charge of the government! They'd be putting it all in their own pockets while doctors starve and citizens die.