Is Having Your Own Incorporated Business A Better Approach To Obtaining Private Family Health Insurance?

Jan 12, 2008 by bosco | Posted in Insurance

Which character category is viewed most favorably by Health Insurance Providers: a family, a small LLC (size:1 family), or a small Incorporated business (take the measure of: 1 family)? Use maybe Blue Cross as theoretical eg. Thanks!

Not active to make any difference. That small group is going to be individually underwritten, no more than as if it were a private policy.

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Who Needs A Private Sector When We Have A Clinton Make Our Health-care Choices?

Sep 19, 2007 by mission_viejo_california | Posted in Politics

Who needs a GI Joe sector when we have a Clinton make our health-care choices?

The new Hillary health-fret plan is very different from the old 1993-1994 Hillary plan. It is far slyer, and far cleverer, far more well-packaged. The same arguments that applied to the old Hillary envisage do not necessarily apply to the new plan. But the new health plan ends up in the same place as the old health scenario — with the government running everything.

Here are the primary problems with the new Hillary health design:

What Entitlement Crisis?
As everyone should know by now, our nation faces a dramatic entitlements catastrophe that will play out over the next 30 years. Federal spending has been hovering in a sort of stable manner, around 20-percent of GDP (Gross Domestic Produce), for over 50 years now, since the early 1950s. But the Federal government’s own seemly projections show that over the next 30 years or so, federal spending will soar to 40-percent of GDP, requiring thorough federal taxes as a percent of GDP to double. This is due to the exploding costs of the entitlement programs we already have, essentially Medicare, Medicaid, and Social Security.

Hillary Clinton and other Democrats reciprocate to this overwhelming crisis by proposing that we not reform any of the existing entitlements. Rather, they recommend that we endorse massive new entitlements, including for instance, National Health Insurance. Ways suggestions like this force one to wonder, are the democrats numerically unlettered?

The Individual Mandate
Hillary Clinton’s plan starts out very really: she will mandate under federal law that everyone in America must buy health insurance, and by this she supposedly achieves universal coverage. The curb, of course, is that once you start down the road with this mandate, you end up with government-run health care.

If you are wealthy to require people to buy health insurance, then the next question which follows is, exactly what do they have to buy to fulfill this condition? Suppose they buy the Fraternity Plan that pays only for unlimited beer and pizza during the weekends? Have they satisfied the sine qua non?

The serious point is if you are going to require people to buy health insurance, then you are going to have to specify bang on what health-plan people will have to buy to satisfy this requirement. So the government has gone from forceful you that you need health insurance, to telling you what kind of health-insurance coverage or plan you must have. And with Hillary, we can acquire that this will be no basic, minimum plan. But Hillary continues to insist that this is not administration-run health care.

And this, of course, is only the beginning. Special interests will swarm to get their favored coverage in the required delineate. People will merrily get used to billing everything in the plan to the insurance company. And costs will climb.

People will start complaining that they can’t afford paying for this costly coverage, and whining that the rule must do something. The government itself will already be paying for a lot of this coverage, and budgets will therefore explode.

So the government will do something to charge costs. It will start rationing. It will start telling people what services and treatments they can have, and when. It will start delaying access to new innovations. It will pack payments to health care providers so much that the providers will start rationing what they lend. Government guidelines will start dictating to these providers that they ration fret, and how to do it. After a while, people start to realize, “hey, we have government run health care.”

Don’t dubiosity it. This is exactly what happens with every other country that tries to mandate or provide coverage through administration. They realize ultimately there must be some way to control costs. There is no market in these plans to repress costs. So the government must do it through the only alternative – rationing. Indeed (we will see below), Hillary’s project already includes the machinery for this rationing.

It doesn’t help that a small band of too intelligent conservatives have been supporting just such an individual mandate since 1993-94, when dirty objections from conservatives defeated their plan. Congratulations to these folks today. Hillary Clinton has adopted their blueprint, just as they were forewarned.

The Employer Tax
Since workers would now have to buy insurance under the Hillary plan; employers would have to pay for it wherever practical. All large companies would be required to provide health coverage for their workers (a map, again, specified by the government), or pay a tax to the government. Already paying among the highest corporate tax rates in the industrialized age, this is just what our corporations need — another tax. Once the politicians get used to raiding this corporate cookie jar, the tax will in a wink be higher than the corporate income tax. When that tax burden leads to unemployment, no difficult, we will just raise taxes on the rich again, and pay for more welfare. All of this will just look up the economy, the Clintons promise.

The Refundable Tax Credit
Where employers don’t pay for health coverage, the regime will. Hillary proposes a refundable tax credit for the purchase of health insurance that will leave workers paying no more than a specified interest of their incomes for the coverage. Hillary’s campaign is already calling this “A Net Tax Cut for American Taxpayers.”

The question with this is that the bottom 40-percent of income earners do not pay any income taxes, and the bull's-eye 20-percent now pay for very little (this is the end result of all those Republican tax cuts for the humorous all these years). But the tax credit is refundable, meaning that if you don’t have enough tax liability to take advantage of the honour, the government will still send you a check for the entire credit. So the tax credit here is not giving you back your own tax affluent. It is giving you back other people’s tax money. So this is not, in fact, a tax cut. It is a new spending program, a new entitlement program, in act.

We already have a huge program called Medicaid to pay for health coverage for people who are too inefficient to pay for it themselves. The federal government is now spending close to $250 billion on this program, in ell to probably another $150 billion from the states. And these costs are just projected to go off and explode again over the next 30 years. In other words, we already can’t afford the Medicaid program as it currently stands. But what Hillary is proposing with these tax credits is a vast expansion of it. And we are back to the democratic chimeras again.

Unfortunately, some conservative Republicans have recently toyed around with the scheme of refundable tax credits for the purchase of health insurance as well. They have rightly been trying to change tax conventions incentives to get workers to own their own health insurance rather than relying on employers. Realizing, however, that the tax changes would do nothing for at least half of all workers who now pay inadequate or no income tax, they have been considering various refundable plans to expand the relieve to lower income workers. The fallacy here is trying to provide aid to the poor, and to low income workers, through the tax code. This is what Medicaid is for, and lawmakers should core on helping those with lower incomes through reforming that program.

But Hillary is not done with the refundable tax credits. She would fix up with provision such credits as well to small businesses who buy health insurance for their workers, paying for as much as 50-percent of premiums for firms with fewer than 25 employees. And she would also bail out big companies, who are now being crushed by imbecilic past promises to pay for health insurance for their retirees, with still more tax credits. In return, corporate big shots from these companies publicly intone that indeed, it is formerly for national health insurance. A better solution would be to just have the government take over these already socialized companies and dispatch running them into the ground.

Government-Run Health Care
Hillary wisely calls her formula the American Health Choices Plan. Accordingly, everyone will be “free” to pick out one of the health insurance options in the Federal Employee Health Benefits Plan. But how is this not government-run health charge? No company gets on the list of plans in the FEHBP without first complying with a MC of federal requirements and controls. That’s alright when the government is providing insurance for its own employees. But should we be treating all workers in the succinctness as if they are government workers when it comes to health insurance? Is this not precisely what is meant by excessive sway control?

While the FEHBP embodies good policy for the federal oversight dealing with its own employees, excessive rhetoric from the original designers of that system (about how it is a archetype for all health insurance) has now brought us to the point of believing that all workers in the private economy ought to be treated as command employees when it comes to health care.

Hillary will also provide, as another option, the alternative of a completely government run, government financed health insurance plan. Why? And, again, how is this not government run health heedfulness? Moreover, how benign will this plan really be when she is done subsidizing it up the kazoo, and driving all the seclusive plans out of business with her blizzard of regulatory requirements?

Bye, Bye Private Insurance
Hillary’s plan will also exact a saddle guaranteed issue on all private health-insurance plans. This means that insurers cannot discard anyone for their insurance, even on the grounds that the patient is already woefully sick and costly. Moreover, insurers won’t be masterful to charge more costly patients higher premiums.

Effectively, this would inexorably end any real private insurance in America. Under these requirements, companies are no longer insuring health costs, they are unreservedly financing health costs. Health insurers would be like fire insurers who are required to climax new policies at standard rates to those who show up to buy coverage after their homes have already caught fire. Evidently, this is unworkable.

Hillary says the insurers are supposed to be in the business of spreading the chance, not cherry picking the most healthy. But when someone shows up to buy health insurance with cancer and heart contagion, we are no longer talking about risks. We are talking about payout. This is not an insurance business.

Rest assured, moreover, that the wholesome with health insurance do not want to see the “risks” of the irredeemably unhealthy spread to them. Those without health insurance who have become uninsurable can, and should, be served through other means, such as shape uninsurable risk pools that do not involve trashing the health-insurance system for everyone else. But trashing the non-gregarious health-insurance market is exactly what Hillary and her allies advocate.

Rationing
In the long run, there is the Best Practices Institute, which should be called the Ministry of Truth for health tribulation. These folks will study all sorts of medical care, issue protocols, and standards for what is the most superbly way to treat this or that. And don’t expect any insurers anywhere, public or private, to pay for anything other than what these folks say is the most successfully practice. To oppose the Institute, of course, would just be to pay for waste and inefficiency.

So this is the mythical mechanism for imposing the inevitably necessary rationing. New, expensive medical breakthroughs will be overlooked, or delayed. If your doctor has a luminous insight on how to treat you, no problem. All you have to do is go to the Best Practices Institute in Washington, rationalize why this treatment is the right one for you, and get the regs changed. In this brave new world, person insurance will be a lot more valuable to people than health insurance.

Insurers, now all under the control of government, will also impose rationing by squeezing reimbursements to health providers, with the restricted funds the new system will allow them, until the providers themselves cut back. This is what the government already does with Medicaid, and increasingly with Medicare.

And there is so much more. In Hillary’s three speeches and three papers on her website, she outlines dozens of new health anxiety requirements in her new system, which will not be government run. The government is all wise and all knowing, and just needs to succeed a do over sure the rickety old health-care system gets it all right, as it is dragged into the 21st century.

And when Hillary gets done with those fascist knock out companies, you can forget about any new breakthrough drugs coming to market in the to be to come, running up costs.

But remember, the system is not government run, and don’t let those nasty Republicans for certain you otherwise.

Credit God for Mrs. Clinton. She is so much smarter than everyone else. She will take good care of me............

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