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President Obama is withdrawing the long-term insurance program that was part of the 2010...

President Obama is withdrawing the long-term insurance program that was part of the 2010 healthcare overhaul, effectively ending the program before it started. The CLASS program was intended to pay a disability cash benefit, but would be unviable unless large numbers of healthy people willingly signed up.
Comments (29)
  • Duude
    , contributor
    Comments (3398) | Send Message
     
    The White House has had two years to study the healthcare plan they signed off on and hardly anyone had time to read. Clearly, Obamacare is a way over the top overhaul that will bury us all. Who passes a large government program like Obamacare and then waives its requirements for over 2000 different companies? This is the disaster American business has been fearing for 2 years.
    14 Oct 2011, 03:53 PM Reply Like
  • Morg
    , contributor
    Comments (250) | Send Message
     
    Obamacare: Falling apart piece by piece.

     

    Just rush it to the supreme court so it can be ruled unconstitutional please.

     

    Thanks.
    14 Oct 2011, 04:39 PM Reply Like
  • muchbusiness
    , contributor
    Comments (247) | Send Message
     
    Don't kid yourself. Those black caped goons are responsible for only one thing: Expanding government.
    14 Oct 2011, 10:16 PM Reply Like
  • davidbdc
    , contributor
    Comments (3184) | Send Message
     
    Its unbelievable to me that it could have ever been part of the plan - no way were that many people going to sign up when they were "healthy".

     

    The whole thing is a disaster - everyone now knows the government will pay at the end of the day under ObamaCare - so why get insurance until I get sick? I'll just wait and wait and wait..... spend my money on ice cream and candy.... and then when I'm sick I'll get insurance!!!! Can't deny me!!!! Yeah, thats the ticket!

     

    Folks, things in life aren't free. And thats just the way it is.
    14 Oct 2011, 05:05 PM Reply Like
  • LeoTheDog
    , contributor
    Comments (116) | Send Message
     
    So you support the individual mandate, right?
    14 Oct 2011, 08:51 PM Reply Like
  • davidbdc
    , contributor
    Comments (3184) | Send Message
     
    No, I would support getting all the middlemen out of the system - let patients pay directly - then we'd see a lot more questions about what is necessary or not..... and pair it up with tort reform and we'd see a huge reduction of overhead costs and doctor insurance costs (which would further reduce costs).

     

    If the government wants to have some sort of government run insurance program against diseases that costs a ton thats fine IMO - as long as its limited to things like cancer, heart disease, etc (not sex change, seeing shrinks, etc - you can pay for your own stupidity).

     

    Nothing is free and the way to reduce costs is to have people paying directly for care..... then we'd probably see a lot of inovation and return to primary care that would prevent a lot of the costs we now see.
    14 Oct 2011, 09:43 PM Reply Like
  • Director one
    , contributor
    Comments (62) | Send Message
     
    Scrap the whole thing and start over slowly.......line item veto all the addendum add on..... We don't need anymore omnibus bills.
    14 Oct 2011, 05:33 PM Reply Like
  • American in Paris
    , contributor
    Comments (5494) | Send Message
     
    Well, gang, Europe's system of paying for health care through taxes works far better than your American insurance based system. I have more choice, better care, and less costs.
    14 Oct 2011, 07:25 PM Reply Like
  • LeoTheDog
    , contributor
    Comments (116) | Send Message
     
    You're wasting your breath. The fact that Americans pay twice as much per person for healthcare than any other western country and still have the 37th ranked healthcare system ought to enrage patriots. Instead, they beat their chests and proudly decry "socialized medicine" and continue to pay double the money for a worse product.
    14 Oct 2011, 08:54 PM Reply Like
  • levin70
    , contributor
    Comments (954) | Send Message
     
    That 37th ranking comes from the US being at the bottom of the list of factors like government guaranteed universal access. Sorry. But when you look at where the US ranks in things like access to quality facilities, treatment outcomes, and quality of care, the US ranks 1-3 in those items. So you can keep your guaranteed universal access and I will take outcomes and quality of care any day of the week, and twice on Sunday
    14 Oct 2011, 10:17 PM Reply Like
  • muchbusiness
    , contributor
    Comments (247) | Send Message
     
    I was a little boy in America;
    My Mommy and Daddy trust funded me;
    My dividends and interest sheltered me;
    I went across the sea to be with people more enlightened then me;
    I learned about injustice and the struggles of the less than me;

     

    I now live in a country where everything is free;
    Everyone here is healthy, happy and carefree;

     

    I sip my wine and espresso on the Champs-Élysées;
    Reading sophisticated Keynesian economic essays
    and Posting on SA.
    15 Oct 2011, 12:59 PM Reply Like
  • Michael Clark
    , contributor
    Comments (10060) | Send Message
     
    I believe you, AIP. There are MANY systems that work. But we are blinded by our hubris and our fear following someone else's 'socialist' plans. I read an interesting article two days ago: "Who's Really Robbing the American Middle Class? Healthcare."
    15 Oct 2011, 01:11 PM Reply Like
  • Michael Clark
    , contributor
    Comments (10060) | Send Message
     
    Sorry, I hit the "Like" button instead of the "Reply" button. I must be a stupid socialist.

     

    Americans don't live very long, compared to the rest of the world. Does this have anything to do with your wonderful "Doctors get rich, insurance companies get rich, American die" health-care system?
    15 Oct 2011, 01:13 PM Reply Like
  • Tom in Texas
    , contributor
    Comments (358) | Send Message
     
    Yes, Europe is in such fine shape. Surely we want to go that route.
    14 Oct 2011, 10:09 PM Reply Like
  • muchbusiness
    , contributor
    Comments (247) | Send Message
     
    What I am writing is a personal account of the effect of Obama care. We own a micro-small business that employs 34 people. We are compiling our 2012 operating budget. We also provide health insurance for our employees. We had our agent in yesterday and got the news. Our rates will increase 30% over 2011. We are unable to pass this increase along, so we will be a employing 33 people on 1/1/2012.
    14 Oct 2011, 10:13 PM Reply Like
  • Financial Insights
    , contributor
    Comments (958) | Send Message
     
    There is so much corruption in the insurance system, and doctors don't do anything to help. My wife went to a pain specialist, and without insurance we would have been billed $6,000 a visit. Now what did this doctor do that warrants the 6000 dollars? She talked to my wife for five minutes, and shot a muscle relaxer into her back. This is how doctors/ hospitals operate. They overcharge on purpose in order to receive the largest reimbursement they can from the health insurers. The whole system is screwed up. I have no problems with an individual mandate. Where were all of you who don't like it when states were allowed to mandate auto insurance? Same concept, but it just isn't in our face everyday. Obamacare is far from perfect, and it couldn't have been passed at a worse time, but at least it is a start. We need to start regulated these insurance companies on a federal level, and then go from there.
    15 Oct 2011, 12:05 AM Reply Like
  • davidbdc
    , contributor
    Comments (3184) | Send Message
     
    Get the government out of health care and then you and your wife would have called around to three or four pain specialists and then compared feedback from other people in your situation and then made a choice based on reputation and cost (and dare I say you might have actually negotiated!).

     

    We don't need more bureaucrats in this country - we need to be FIRING entire government agencies!!!
    15 Oct 2011, 12:20 AM Reply Like
  • La Marque
    , contributor
    Comments (1774) | Send Message
     
    There are 3 prices in medicine: the cash price, insurance price and the Medicare/Medicaid price. The cash price is set high enough that the provider gets at least the minimum the SSA sets for the Medicare price. An example: eye surgery doctor cash $2600, Medicare $780.
    15 Oct 2011, 11:16 AM Reply Like
  • davidbdc
    , contributor
    Comments (3184) | Send Message
     
    And if we got government out of health care we'd probably find the cash price would be $500!
    15 Oct 2011, 11:55 AM Reply Like
  • Michael Clark
    , contributor
    Comments (10060) | Send Message
     
    You're absolutely right. It is more corruption and another bubble. Time to bust the bubble. I thought that was what Obama was going to do. But he just wanted to keep inflating the bubble. He doesn't want to reform the system, he wants his share.

     

    I voted for Obama.
    15 Oct 2011, 01:15 PM Reply Like
  • atrios28
    , contributor
    Comments (54) | Send Message
     
    I was a Republican until Bush cured me of that. and now President Obama has disabused me of the Democratic Party.

     

    It's great to be free again !
    15 Oct 2011, 12:59 AM Reply Like
  • Origa
    , contributor
    Comments (588) | Send Message
     
    What you want is lower healthcare prices.

     

    Get rid of the red tape and insurance monopolists, and then you have a choice. If market freedom fails, then you should copy the European healthcare system, where the IRS collect the money instead of the insurance from those who can pay.
    15 Oct 2011, 06:54 AM Reply Like
  • Michael Clark
    , contributor
    Comments (10060) | Send Message
     
    Insurance companies and doctors have been working together for years getting fat by fixing prices together.

     

    Why have Americans had no salary increases for so long? Because the 'raise' has gone straight to the insurance company in the form of higher benefit costs, higher premiums. Of course, doctors are in on it too.
    15 Oct 2011, 01:18 PM Reply Like
  • marketman54
    , contributor
    Comments (822) | Send Message
     
    I wish I knew the answer. There are so many glaring problems that can be addressed that all of you tendered.

     

    I do know that 85% of Americans had healthcare! I don't know who goes out and rewrites the books when an overwhelming majority is already covered??

     

    I do know this, we 85% that were covered were paying for the other 15% that got care and didn't pay their way. If you ask me, that was the original Obamacare, those that could afford it were paying a premium for those that don't pay a dime.
    15 Oct 2011, 09:28 AM Reply Like
  • Michael Clark
    , contributor
    Comments (10060) | Send Message
     
    That's what they want. They want you to blame those at the bottom, and ignore the graft at the top. That has always worked in America: kick those at the bottom and honor those at the top.

     

    That's the problem with worshipping money. You have to worship the crooks and the white collar mafia that owns the system and knows how to milk it for their own benefit. Blame the poor! Worship the rich! (No one wants to be a loser in America! There is no pity for a loser in America!)
    15 Oct 2011, 01:20 PM Reply Like
  • allan2
    , contributor
    Comments (3) | Send Message
     
    That comment about mandated auto insurance is a red herring. The mandated coverage (liability) protects the other people on the road, not you. The coverage that protects you (comprehensive, collision) is not mandated. I have neither.
    15 Oct 2011, 04:24 PM Reply Like
  • kcr357
    , contributor
    Comments (567) | Send Message
     
    Plus it's not mandated, either. Something like 40% of NYC residents don't even own a car, I don't think they are purchasing insurance ;). I also see a lot of people using scooters/motorcycles for transportation, no ins. needed for those in my state. Anytime someone uses the auto mandate it's best to just ignore them.
    15 Oct 2011, 06:26 PM Reply Like
  • PostScience
    , contributor
    Comments (73) | Send Message
     
    Agree that the Obama plan is less than satisfactory, but free-market competition is not the answer.

     

    How much would you be willing to pay to save the life of a loved-one? 100% of your net worth, probably.
    15 Oct 2011, 07:10 PM Reply Like
  • davidbdc
    , contributor
    Comments (3184) | Send Message
     
    If your saying it would lead to price gouging in times of personal distress - then enact a regulation to protect consumers from prices being jacked up if they are going to die.

     

    Until people themselves pay attention to health care costs - ask tough questions about what is necessary and needed - and dare I say negotiate, our health care costs will continue to skyrocket. Far, Far too many people don't even know what they get billed for when the visit a doctor or have a procedure.
    16 Oct 2011, 11:28 AM Reply Like
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