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Will ObamaCare drive businesses out of providing health insurance?

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And we finally remove the profit incentive from health insurance and it becomes a true service industry.

 

If only we all lived in your fairy tale world.....

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Cat has already announced it will cost them $100 million more a year, in turn they are looking at moving jobs to the UK.............

If that happens the quantity of care may go up but the quality and innovation will go down. True altruism doesn't exist we all do things for some form of recompense(feeling better about ourselves, our faith, monetary, guilt, etc). Everyone goes into the medical industry out of a desire to help but if compensation isn't worth the investment then there will be fewer willing to go into the ridiculous debt required to finish medical school and pharmacy school.

 

Many of our hospitals and nursing homes are non-profit or not for profit.

Cat has already announced it will cost them $100 million more a year, in turn they are looking at moving jobs to the UK.............

 

And don't they have a government provided health care system in the UK? I don't think your post or this information helps your argument if you are opposed to the health care bill.

I am only showing that the new legislation applies to businesses with more than 50 employees. Someone please correct me if I am wrong.

That is correct.

Do you believe people are so inept that government has to do it for them?

Why are some people so hateful of a company making a profit?

In another thread someone stated the profit margin for the insurance compnies is 4%.

We are a people that help others voluntarily, we do not need the type of government that you propose. A government that tells us when to jump and how high. I believe Americans are far stronger than what you give them credit for. I'm of the belief that Americans are strong, will forge ahead even difficult times. It seems as if there is a belief among some that we are weak and neeed the nanny state to take care of us.

 

Why does the INSURANCE portion of our health care have to be 'for profit' for there to be innovation in health care? I am not worried about doctors making profit.

And don't they have a government provided health care system in the UK? I don't think your post or this information helps your argument if you are opposed to the health care bill.

 

If it is costing a company money they will move to where its cheaper.....helps my argument a lot.

Why does the INSURANCE portion of our health care have to be 'for profit' for there to be innovation in health care? I am not worried about doctors making profit.

In case you didn't know most companies on are in business to make a profit. Not much point in it otherwise.

Why does the INSURANCE portion of our health care have to be 'for profit' for there to be innovation in health care? I am not worried about doctors making profit.

 

To ask such a question makes one wonder if you understand what the country is all about?

As a teacher, why do you expect to make a profit from your labors?

  • Author
I am only showing that the new legislation applies to businesses with more than 50 employees. Someone please correct me if I am wrong.

 

That is correct.
So much for that small business help...
  • Author
Why does the INSURANCE portion of our health care have to be 'for profit' for there to be innovation in health care? I am not worried about doctors making profit.
What's the point of being in business if you can't make a profit? Would you go into business to make a loss?
So much for that small business help...

They are playing that one off by providing a tax credit to those which provide health insurance. As the child of parents who are small business owners, it has been my experience that a big chunk of these workers would rather you pay them the extra money than deduct anything from their check.

To ask such a question makes one wonder if you understand what the country is all about?

As a teacher, why do you expect to make a profit from your labors?

 

I don't expect my company to make a profit for the shareholders. Getting paid for my labor is not 'profit' in the sense we are talking about, it is a wage/salary.

What's the point of being in business if you can't make a profit? Would you go into business to make a loss?

 

Third party payers that are in the healthcare insurance business to make a profit drive up the cost of healthcare to obtain their profit. If we move away from that model in our healthcare insurance, will the costs not go down?

Third party payers that are in the healthcare insurance business to make a profit drive up the cost of healthcare to obtain their profit. If we move away from that model in our healthcare insurance, will the costs not go down?

 

No because injecting the federal government into the equation is a guarantee to increase costs at a greater rate and quantity than if it were run by private enterprise alone.

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