When U.S. Senate Republicans unveil their plan to overhaul America’s healthcare system, they will face a skeptical public that already does not buy the justification for an earlier version that passed the House of Representatives, according to a Reuters/Ipsos poll released on Wednesday.
They’re right to be “skeptical”; Obamacare did exactly nothing to address cost, which is where the real issue resides, and the House bill, as I analyzed, would actually make it worse (which is hard to believe, but true.)
The Senate “attempt” will do the same.
The problem is not “insurance” or “coverage” — it’s cost.
Then there’s this sort of nonsense, which IMHO argues for locking up doctors en-masse as drug pushers:
Nearly one in four people on Medicaid, the U.S. health program for the poor, received powerful and addictive opioid pain medicines in 2015, according to research by a drug-benefits management firm.
One person in four?
Folks, these drugs are responsible for some 20,000 deaths due to overdoses a year which wildly outranks other means of accidental death, save one: car accidents (~35,000)
There is only one way to address health care cost: Attack the monopolist practices of the industry and you need no new laws to do it, since we have a 100+ year old body of said law which, I remind you again, drug and medical firms have tried to shoot down twice at the US Supreme Court (in the 1970s timeframe) and they lost both times.
It requires only an executive either at the state or federal level, which again I remind you has responsibility for enforcing the law, to stand up and do their job, leveling indictments against everyone involved in this industry that attempts to promote monopolies or restrain trade.
That’s all it will take and the entirety of the health scam will collapse in an afternoon, crashing prices by 80% or more.
You can look right here for what this would mean, and what it would do.
You will note that there is not one hint of any of this in the House proposal, and there won’t be in the Senate version either. Nor has my phone rang despite the fact that I’ve been to the Hill in the past and spoken with Senate staffers on exactly this point; they know damn well what’s coming, why, and how to stop it.
Via Market Ticker.