Quote:
Originally Posted by janmcn
Mitt Romney has a much better idea. End Medicare as we know it and replace that with a voucher system so you can go out in the open market and buy your own health care. The downside is insurance companies will once again be able to discriminate against people with pre-existing conditions and drop you once you get sick, and they can put a limit on spending. Can't wait to see how this all works out.
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If 70% of Americans are against ObamaCare, as is frequently stated, I'd be willing to bet lots of money that not too many will be on board for this idea.
Let's see how it would work...no more Medicare, VA insurance or any other form of government funded health insurance
whether you paid in for fifty years or not...then the government is going to give you a voucher and tell you to have at it, buy whatever insurance you want but don't come back for more if the insurance companies raise premiums above the voucher amount. But not to worry folks, the competition between the insurance companies will keep premiums affordable. And stuff like pre-existing conditions or policy drops? Competition will protect you on those fronts too. Like Gordon Gecko said in the movie "Wall Street"...
greed is good.
Oh yeah, that'll be popular. And I'm sure that everyone will have implicit trust in the insurance companies not to raise their premiums above what can be afforded with the fixed amount of voucher money.
Let's see, since I retired in 1998, my health insurance premiums have just about
tripled. If someone gave me a voucher that would cover my premiums back then, you figure how far under water and uninsured I would be now. That voucher idea doesn't sound to good to me.
By the way, that's the Paul Ryan proposal, isn't it?