People will die!

Check out this video:

Hyperbolic but you get the picture.

Reprinted from another blog:

This is a common cry from politicians, the press, and consumers- especially in relation to the Affordable Care Act. The simple fact is that all of the “expected deaths” associated with losing “Obamacare” are going to happen anyway. Sorry but there’s nothing magic about having health insurance that endows an individual with immortality. Each and every one of those patients will die.

The better question, and the on no one wishes to address, is how much will an average person’s life be shortened by the loss of health insurance. It is absolutely true that health insurance is not the same as healthcare. Having an insurance you cannot afford to use is the same as not having insurance. Further, having an insurance that no provider will accept is essentially the same as having no insurance at all. In many ways an insurance policy no one accepts is worse than no insurance at all. If saddled with such a policy an individual has paid premiums but no may be subjected to uncontrolled out of pocket expenses to see a “non-participating” provider.

It’s time to move away from the rhetoric and start addressing the real issues of healthcare not the pseudo-issue of insurance. Insurance is merely doctor-speak for “pay me.”

This is a common cry from politicians, the press, and consumers- especially in relation to the Affordable Care Act. The simple fact is that all of the “expected deaths” associated with losing “Obamacare” are going to happen anyway. Sorry but there’s nothing magic about having health insurance that endows an individual with immortality. Each and every one of those patients will die.

The better question, and the on no one wishes to address, is how much will an average person’s life be shortened by the loss of health insurance. It is absolutely true that health insurance is not the same as healthcare. Having an insurance you cannot afford to use is the same as not having insurance. Further, having an insurance that no provider will accept is essentially the same as having no insurance at all. In many ways an insurance policy no one accepts is worse than no insurance at all. If saddled with such a policy an individual has paid premiums but no may be subjected to uncontrolled out of pocket expenses to see a “non-participating” provider.

It’s time to move away from the rhetoric and start addressing the real issues of healthcare not the pseudo-issue of insurance. Insurance is merely doctor-speak for “pay me.”

In most cases, vast majority of lifetime healthcare spending occurs in the last 6-12 months of life. As near as I can tell everyone has to live through those terrible months. Thus everyone will have large expenditures at some point.  

In many respects MIT economist Jonathan Gruber was exactly correct. Without including the healthy, at substantially inflated premiums, there is no way to keep premiums down for those who are sick. But isn’t that the nature of insurance? Isn’t insurance risk-based premiums? When organizations lobby for limited premium differentials, in spite of clear cut risk differentials, insurance companies oblige and raise all the rates.

Washington needs to wise up and realize legislators are fixing the wrong problem. Insurance isn’t the problem. Access is the problem. Cost is the problem.