Rand Paul: They’re Going to Keep Obamacare

Rand Paul is trying to save President Trump from a horrific mistake, which would be signing into law any of the current Republican healthcare bills that enrich the insurance companies, while leaving more uninsured people.

Excerpt from Breitbart

I miss the old days, when Republicans stood for repealing Obamacare. Republicans across the country and every member of my caucus campaigned on repeal – often declaring they would tear out Obamacare “root and branch!”

What happened?

Now too many Republicans are falling all over themselves to stuff hundreds of billions of taxpayers’ dollars into a bill that doesn’t repeal Obamacare and feeds Big Insurance a huge bailout.

Obamacare regulations? Still here. Taxes? Many still in place, totaling hundreds of billions of dollars.

Insurance company bailouts? Those, too. Remember when Republicans complained about Obamacare’s risk corridors? Remember when we called the corridors nothing more than insurance company bailouts? I remember when one prominent GOP candidate during a presidential debate explicitly called out the Obamacare risk corridors as a bailout to insurance companies. Does anyone else?

Now, the Senate GOP plan being put forward is chock full of insurance bailout money – to the tune of nearly $200 billion. Republicans, present company excluded, now support the idea of lowering your insurance premium by giving a subsidy to the insurance company.

Remarkable. If the GOP now supports an insurance stabilization fund to lower insurance prices, maybe they now support a New Car stabilization fund to lower the price of cars. Or maybe the GOP would support an iPhone stabilization fund to lower the price of phones.

The possibilities are limitless once you accept that the federal government should subsidize prices. I remember when Republicans favored the free choice of the marketplace.

The Senate Obamacare bill does not repeal Obamacare. I want to repeat that so everyone realizes why I’ll vote “no” as it stands now:

The Senate Obamacare bill does not repeal Obamacare. Not even close.

In fact, the Senate GOP bill codifies and likely expands many aspects of Obamacare.

The Senate Obamacare-lite bill codifies a federal entitlement to insurance. With the Senate GOP bill, Republicans, for the first time, will signal that they favor a key aspect of Obamacare – federal taxpayer funding of private insurance purchases.

The bill will transfer billions of dollars to people who will then transfer billions of dollars to insurance companies. What a great business model – encourage the federal government to use taxpayer money to buy a private company’s product. Great business model, that is, if you are Big Insurance. Remarkable.

The Senate Obamacare-lite bill does what the Democrats forgot to do – appropriate billions for Obamacare’s cost-sharing reductions, aka subsidies. Really? Republicans are going to fund Obamacare subsidies that the Democrats forgot to fund?

Karl Denninger has been writing the most intelligent material on healthcare for years now. He’s shown how if we stay the course, the healthcare and health insurance industries will bankrupt the country and drive most of us into complete poverty. His work with the numbers is scary stuff.

Karl has written a one sentence law that no one in Congress will look at because they’re all in the pockets of big pharma and the big insurance and healthcare companies.

Market Ticker

Here it is:

“Notwithstanding any other provision in state or federal law, a person who presents themselves while uninsured to any provider of a medical good or service shall not be charged a price greater than that which Medicare pays for the same drug, device, service or combination thereof.”

That’s it.

One sentence.

If you want to add a penalty clause with it I propose the following:

“Any bill rendered to a person in excess of said amounts shall (1) be deemed void, with all services and goods provided as a gift without charge or taxable consequence to said consumer but not deductible by said physician or facility from any income or occupational tax and (2) is immediately due to the customer in the exact amount presented as liquidated damages for the fraud so-attempted.”

It ends the “Chargemaster” ripoff game.

It ends the $150,000 snake bite or the $80,000 scorpion sting.

It ends the $500,000 cancer treatment.

It ends all of that, immediately and instantly.

I remind you that Medicare is required to set pay rates by law at a level that in fact are profitable — that is, above cost by a modest amount — for everything it covers. Further, those pay rates are audited regularly to prove that they in fact are above cost.

Does this solve every problem? No, and in fact that would leave alone the existing monopolistic pricing systems that many medical providers, whether they be drug makers, device makers, service providers or otherwise have in place. It would do exactly nothing to get rid of the 10 paper pushers hired for every doctor or nurse, none of whom ever provide one second of care to an actual person through their entire time of employment.

But it would instantly end walking into an emergency room and getting hammered with a $50,000 bill for something that Medicare will pay $5,000 for.

Denninger has many more articles on his site about health care, most notably revolving around the idea that the anti-trust laws (Sherman Antitrust Act of 1890) should be applied to the healthcare industry.

He’s well worth the read because his common sense exposes the hoax that the Republicans and Democrats, with the exception of Rand Paul, are pulling on us.

10 thoughts on “Rand Paul: They’re Going to Keep Obamacare

  1. These GOP and Dem establishment corruptocrats do not want to repeal/replace OC, because they promised monopolies (in exchange for perpetual campaign cash) to Big Pharma, Health-Care, Health Insurance and Labor. President Trump took a giant sh*t on their plans and now they have to either really repeal/replace or continue stalling and sand-bagging President Trump and the American people. I hope that the corrupt f*ckers and all of their children get bone cancer.

  2. It is hilarious that Socialist nations have much cheaper health care than the glorious, highly competitive, free enterprise, laissez fare USA.
    One simple reason is that the Socialist Govts wield a big stick; they say to the greedy foreign (((drug))) companies “no we will not pay you $1000 a month for this drug. We will pay you $100, take it or leave it”. The drug company takes it, and still makes massive profits. Imagine the medical (and lawyer) profits made within the USA bilked from the chumps that think they live in the world’s most competitive country.

    For those that don’t remember, many of the early AIDS drugs for faggots (palliatives not cures) were priced at $10,000 per month – per user, which of course only the taxpayer can afford. A huge percentage of health care taxpayer money has been siphoned off by the poofter LGBTQHIV community, to the detriment of all other system users.

    Where is the competition on medical prices between doctors in the USA? Where is the price competition among hospitals? Same for drugs. Same for shyster lawyers. The USA is a highly organised Gangsterocracy where taxes are said to be “low”. It is easy to see this from the outside, people within are brainwashed to think they live in a Great Country, even while their wallets are being emptied almost as badly as in Russia 1917.

    • Always good points, Robert. I’m not one who thinks the country is great and from what I see now, it wasn’t my entire life.

      • Thank you wullfe. My own country Australia is also buggered racially for the same reasons and due to the (((USA))) and (((UK))) policies being forced on all white countries for about 50 years now.

  3. Later this afternoon I had visited Mitchell’s twitter & he had an entire long page of tweets griping re Rand Paul & the Healthcare bill.

    I wondered, What the hay is up with that? but figured YOU would have a post about it, & sure enough! So thanks for the write-up explaining Paul’s thoughts & position on the Health-Fraud bill.

    Here’s how Mitchell thinks:
    –The main goal is to keep Repubs in office vs. Dems, so Trump can continue to MAGA.
    –To keep Repubs in office, they MUST MUST MUST pass a Healthcare bill.
    –Rand Paul’s thinking will cause failure to pass any Healthcare bill.
    –Repubs will then lose to Dems in 2018 & Trump will be toast.
    –“You Can’t Always Get What You Want” but “Sumthin’ is betta than Nuttin’ ” > is basically what Mitchell is saying, in order to keep Trump in office.

    It’s ugly politics & I don’t like it. Kudos to Rand Paul for speaking truth re his fraudster comrades in Congress (though Rand has also worn the yarmulke when visiting Israel!)

    Who invented the Insurance (scam) Empire anyway!?!

    • That Karl Denninger is no fan of Trump, but I wish he was. He might be able to get through to Trump about how simple it would be to create competition and bring down costs. I’ve been meaning to Tweet Trump some links to Karl’s articles, but haven’t gotten to it yet.

  4. From what I understand, there’s a huge glitch to getting Paul’s bill passed that includes sales across state lines. It requires 60 votes. No Democrat will vote for it The current bill, if passed, is supposed to be released in three phases, adding and changing things in the second and third phase. The third would include across state lines. Again, it requires 60 votes in the third phase. If across state lines is put in it now, the bill won’t pass.

    But, I heard this evening, Ted Cruz added some across the state line sales. So, how can he do that if 60 votes are required?

    Hospitals really can’t afford everyone paying only $5,000 for all emergency room visits, so they charge insurance companies much more to make up the difference. While I think hospital costs are way too high, has anyone ever looked at the prices of medical equipment, supplies, staffing, building and equipment maintenance? Think about the cost of feeding patients three times a day. Think about expansion to keep up with population growth in their communities. That means adding on to the existing hospital.

    I could go on and on about how much it costs to run a hospital.

    One MRI machine costs up to 4 million dollars. Think about replacing those every 5 years. Some hospitals buy used because they can’t afford $4 million. Also, think about other equipment replacements because they begin to break down too often, just wear out!

    Nurses are getting up to $100,000 a year. Specialists up to $250,000. And why shouldn’t they be paid this amount? Nurses and Medical Technologists suffered with ridiculously low salaries for years, so low they couldn’t support themselves, until they joined a union sometime in the 90’s. They went to college, are highly skilled, and helping to save our lives. Good for them.

    If anyone here has ever been treated by an ER physician in a Level 1 Trauma Center at a hospital, or at least watched, frantically saving you or loved one’s life, $250,000 a year may not be enough! Compare that to a corrupt CEO manufacturing everything in China, making millions a year for taking jobs away from Americans. Do we need many of the shoddy products that are made?

    All foreign countries get their medications at much lower prices than we can get here. The excuse is research, development, and manufacturing. So what, why can’t foreign countries share in those bloated expenses?

    It isn’t only hospitals at fault, it’s also developers, manufacturers and suppliers who charge exorbitant prices. Let’s not kid ourselves, insurance companies are mighty guilty, too.

    Don’t know what the answer is, but although socialist countries tout equal care for lower costs, I heard it wasn’t. Some Canadians come here because the wait is too long in Canada and specialized treatment is not as good as it is here.

    The best idea is selling insurance across state lines. Make it competitive. That always worked in this country. Let buyers choose what they want. Blame this on Democrats whose obstructionism is forcing Republicans to come up with a plan not as good as we want. Instead of requiring 60 votes, Republicans should change that to a majority vote.

    • The answer is Soylent Green. People are protein and there are way too many people in the world right now. Especially black people. If not Soylent Green, then dog food or to feed the fish of the ocean. Time for people to repay their debt to nature.

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