Obamacare

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qwerty said:
Tyler Durden said:
Oil is inelastic at CURRENT price. 
double-facepalm-picard-riker-2.jpg

watch yourself NSR, Irvine commuter is rubbing off on you.

Tyler is saying this
220px-Elasticity-inelastic.png


Acting like I'm saying this
220px-Elasticity-elastic.png



When reality, we're down in the lower right of this, and our perception of oil being 'inelastic' will drastically change as the price for oil changes.   

215px-Price_elasticity_of_demand_and_revenue.svg.png


There is a major difference.  The articles linked to present there point as if the demand can not change as price increases.  Since current consumption is basically equal to current supply, if oil was truly inelastic, Opex could simply say it's $300 barrel and we'd pay it.

The inelastic oil argument is driving by the unresponsiveness of the supply curve.  Increase the price and supply no longer increases much at all.    Demand isn't though.  In the short term, it is, and everything that has been happening with oil is short term.

In the long term, as seen with the 1970s oil embargo, it took a few year, but demand did drop. http://www.theoildrum.com/node/2899

Even Tyler's referenced DOE paper agrees, clearly titled '... in the short run'

 
Math is hard NSR. I'm going to need Soylent Yellow to give me an idea what those graphs are saying. I trust your word on it though.

Couple of logs on the fire:

1) Anyone gone on to see what they get in their plan? Per Covered California, for an extra $300 per month from what I could get on my own, my family gets a lower coverage amount, no vision, no dental. Yay Gubmint!

2) I know everyone loves to say "I can get affordable monthly payments". Someone please load up an Admiral Akbar jpg please because "ITS A TRAP". Doesn't matter how low the payment is. If all you get is crappy deductibles and limited service choices, that low payment isn't going to look like the bargain people believe it is.

3) "Healthcare is a right" In some ways it is. Access to healthcare is a reasonable human right. Socializing the medical bills for a 22 year old dumbass who decided to skateboard without a helmet, later cracking their skull open isn't. The question has to come at some point in time about personal responsibility for situations they find themselves in.  Since we're now a society of zero consequence, sadly that day isn't ever going to arrive.

4) It's charming to hear supporters chime in "well, Europe has socialized medicine..." Europe also has twice the unemployment rate of the U.S.. Paris has regular race riots, as did Sweden recently. Prostitution is the only expanding industry in Greece today because of their government collapse. Ireland is a virtual slave state. Young Estonians are depopulating the State because there is zero opportunity, and 54% of Spain's budget is going towards Pensions and Social Programs.  The Eurozone is collapsing, but at least you can get your kidney stones removed for free, providing you can get an appointment within 2 months.

5) Why are Unions and Congress exempt if the ACA is the greatest thing since sliced bread?

6) Find for me a government social program that has shrunk in size since inception? "But Head Start funds are being cut....!" No, the rate of growth is being cut, not the baseline.

The ACA should have been strangled in its crib, then started over with a non-political beginning. Wait..I'm talking about Congress and the President. Nevermind.

My .02c.
 
Soylent Green Is People said:
Access to healthcare is a reasonable human right.

Really?  If it is a right then someone must be forced to provide it.  What you're really saying is: slavery is a reasonable human right.

Democrat_Rights_1961_2012.png


 
Is any form of government gong to end result in slavery then?

Access to healthcare - government medical services like the VA hospital system is a reasonable burden. Indigent hospitals should be set up and not allowed to sprout beyond a pre set limit. If we can't agree on this, then we've come to the end of the discussion, haven't we?
 
test said:
Really?  If it is a right then someone must be forced to provide it.  What you're really saying is: slavery is a reasonable human right.
That's quite a leap based on a qualified statement.  You're equating taxes and social programs to slavery?  Your entire life must be spent in constant outrage.  I'm not a fan of government socialism, but I'm also not going to complain about paying over $1000/year to local schools via property taxes, even though I don't have kids. 
 
test said:
Soylent Green Is People said:
Access to healthcare is a reasonable human right.

Really?  If it is a right then someone must be forced to provide it.  What you're really saying is: slavery is a reasonable human right.
Since when did rights mean "force"?

"Access to healthcare" doesn't necessarily mean "force everyone else to provide or subsidize it".
 
Soylent Green Is People said:
Math is hard NSR. I'm going to need Soylent Yellow to give me an idea what those graphs are saying. I trust your word on it though.

Couple of logs on the fire:

1) Anyone gone on to see what they get in their plan? Per Covered California, for an extra $300 per month from what I could get on my own, my family gets a lower coverage amount, no vision, no dental. Yay Gubmint!

2) I know everyone loves to say "I can get affordable monthly payments". Someone please load up an Admiral Akbar jpg please because "ITS A TRAP". Doesn't matter how low the payment is. If all you get is crappy deductibles and limited service choices, that low payment isn't going to look like the bargain people believe it is.

3) "Healthcare is a right" In some ways it is. Access to healthcare is a reasonable human right. Socializing the medical bills for a 22 year old dumbass who decided to skateboard without a helmet, later cracking their skull open isn't. The question has to come at some point in time about personal responsibility for situations they find themselves in.  Since we're now a society of zero consequence, sadly that day isn't ever going to arrive.

4) It's charming to hear supporters chime in "well, Europe has socialized medicine..." Europe also has twice the unemployment rate of the U.S.. Paris has regular race riots, as did Sweden recently. Prostitution is the only expanding industry in Greece today because of their government collapse. Ireland is a virtual slave state. Young Estonians are depopulating the State because there is zero opportunity, and 54% of Spain's budget is going towards Pensions and Social Programs.  The Eurozone is collapsing, but at least you can get your kidney stones removed for free, providing you can get an appointment within 2 months.

5) Why are Unions and Congress exempt if the ACA is the greatest thing since sliced bread?

6) Find for me a government social program that has shrunk in size since inception? "But Head Start funds are being cut....!" No, the rate of growth is being cut, not the baseline.

The ACA should have been strangled in its crib, then started over with a non-political beginning. Wait..I'm talking about Congress and the President. Nevermind.

My .02c.

1)  You can pick a number of coverage levels.  Of course deductibles and out of pockets matter but for many people, they wouldn't even qualify for plans because of certain conditions or age.  If you are a young healthy person, you will have a higher premium.  If you are older and have some conditions, you will have a lower premium.  I have seen examples of both.

2)  It is not a matter of "bargain"  Most people won't be affected because they have employer-based healthcare.  The people affect are those who don't have insurance now because their employer don't offer it, don't have jobs, or choose not to get it.  Most of the people who don't have insurance would get it if it was affordable.  There is an estimate 84 million people in the US who are either uninsured or under-insured. 

3)  Of course personal responsibility is important but the fact of the matter is that those people exist whether you have ACA or not.  People who take stupid risks, eat too much, have bad lifestyle choices exists now...the question is what to do about them.  There are a couple of choices:  1)  Treat them or 2) let them die.  If you choose to treat them, you then need to choose whether you want to try and head them off early or in the ER. 

It's no different with Social Security.  If you don't have social security, what are you going to do with all those seniors who don't have a job in their 60s and cannot support themselves?  What about all those people who invested in 401K and lost most of their investments?  What about people who lost everything during the housing bubble?  You may say, tough but those people are still around.

4)  ?You know who also has socialized healthcare?  Germany, Japan, Canada, Scandavian countries, Switzerland, Taiwan, Hong Kong, Singapore...and all these other countries
http://www.theatlantic.com/internat...-health-care-americas-still-not-on-it/259153/

Are all those nations also collapsing?

you don't have to wait 2 months for an appointment...Taiwan for example has a fantastic healthcare program...you can go to whatever doctor/hospital you want. 

Of course, in this country, you don't make appointment if you don't have health insurance.  You just wait until your condition is unbearable and then you wait in the ER for 12 hours and get treated in the most expensive way possible.

The US spends the most money on healthcare per capita than other developed countries and have worse results.
http://www.globalpost.com/dispatch/news/health/131001/global-health-care-systems-obamacare
http://www.pbs.org/newshour/rundown...how-the-us-compares-with-other-countries.html
http://www.washingtonpost.com/blogs...ow-americas-health-care-prices-are-ludicrous/

5)  Certain Unions are exempt but most aren't.  Congress is not "exempt," they have an employer based health care...you know they work for the federal government.

There has also been no discussion about the substantial ancillary benefits of having a healthier population and a system in which you don't depend on your employer for health benefits.
 
I'm confused... under our current system, if your employer doesn't offer healthcare or if you are unemployed you can't get healthcare?
 
irvinehomeowner said:
I'm confused... under our current system, if your employer doesn't offer healthcare or if you are unemployed you can't get healthcare?

Under current, or do you mean Pre-ACA.

Under pre-ACA, yes and no.  Yes if you're healthy and can afford it.  No if you have any meriad of pre-existing conditions,  i.e. if you have a prescription for acid reflux and you had to go get your own insurance sudden, many plans wouldn't carry you.  That may be different if you had prior insurance, but I think you couldn't change carriers.

Under current ACA coverage, yes, you just go straight to the providers websites and can see the same plan levels and deal with the plan directly outside of the health exchange. 
 
I guess I should say "former" and "Obamacare".

So under ACA, even with pre-existing ailments, I can get affordable coverage? Wouldn't that make things more costly? Or is this where the "healthy has to pay for the unhealthy" idea kicks in?

I can rationalize the taxes thing where people who make more money pay more than those who don't, but not sure about this healthy having to pay more for those who aren't as healthy.
 
nosuchreality said:
Why is wealthier paying more for the less wealthy any different than healthier paying more for the less healthy?
Because being wealthier means you have more money... being healthier doesn't exactly equate to more income.
 
irvinehomeowner said:
nosuchreality said:
Why is wealthier paying more for the less wealthy any different than healthier paying more for the less healthy?
Because being wealthier means you have more money... being healthier doesn't exactly equate to more income.

Fair enough, insurance however is about pooling risk.  i.e. the unaffected paying for the affected.

 
That pooled risk is now mandatory or a penalty is charged. Hardly a free market solution when the customer is compelled to take on an insurance burden.
 
Soylent Green Is People said:
That pooled risk is now mandatory or a penalty is charged. Hardly a free market solution when the customer is compelled to take on an insurance burden.

Not really a free market is you can't deny services either.
 
The only thing being denied is having someone else pay for the uninsured's mishaps. The uninsured in many cases have made the decision to forego buying insurance for economic or personal reasons. Should everyone now be compelled to subsidize that decision? That's not the world I wish to live in.

Access is one thing. There is little barrier to access. Yes, it can be expensive, even bankrupting, to get sick today. Is that any reason though to compel people to buy insurance? I know there's the argument that car insurance is compelled, but I'm not subsidizing the insurance costs of a bus/train/ or a pedestrians insurance am I? Not at this time from what I can tell.

Do I accept the question: "Am I my brother's keeper?" Yes, by choice, never by force.
 
Soylent Green Is People said:
The only thing being denied is having someone else pay for the uninsured's mishaps. The uninsured in many cases have made the decision to forego buying insurance for economic or personal reasons. Should everyone now be compelled to subsidize that decision? That's not the world I wish to live in.

Access is one thing. There is little barrier to access. Yes, it can be expensive, even bankrupting, to get sick today. Is that any reason though to compel people to buy insurance? I know there's the argument that car insurance is compelled, but I'm not subsidizing the insurance costs of a bus/train/ or a pedestrians insurance am I? Not at this time from what I can tell.

Do I accept the question: "Am I my brother's keeper?" Yes, by choice, never by force.

But you already paying them. Hospitals and doctors just charge their paying customers more to cover the unpaid bills.  Insurance premium are similarly affected.

That's the thing...all the costs are already in the system.. they're just hidden.

We are also not even talking about all the ancillary costs of having people who are unhealthy or ill because of the lack of medical care.
http://kff.org/uninsured/fact-sheet/key-facts-about-the-uninsured-population/
 
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