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April 21, 2014

Andrew Silow-Carroll: Passoverkill? Suggestions to make next year's seders even more culturally sensitive

Sara Israelsen Hartley: Seeking the Divine: An ancient connection in a new context

Christine M. Flowers: Priest's execution in Syria should be call to action

Courtnie Erickson: How to help kids accept the poor decisions of others

Lizette Borreli: A Glass Of Milk A Day Keeps Knee Arthritis At Bay

Lizette Borreli: 5 Health Conditions Your Breath Knows Before You Do

The Kosher Gourmet by Betty Rosbottom Coconut Walnut Bars' golden brown morsels are a beautifully balanced delectable delight

April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Jan 6, 2014/ 5 Shevat, 5774

Why Obamacare Cannot Succeed

By Bruce Bialosky




http://www.JewishWorldReview.com | Now that Obamacare has actually been unleashed on the unsuspecting American public, there is mass speculation about whether it will succeed as a program. Each political side presents its arguments with many former supporters caught in the middle. But if you understand how insurance works, it is basic that the program cannot work without even more coercion than is in the law as presently constituted.

Prior to the passing of this massive law, there was a basic pattern how health insurance matters worked in most states, which is where these decisions were made. The state had an insurance commissioner to oversee insurance companies. The state legislatures would establish laws regarding health insurance policies which were far more extensive than for auto or homeowners' insurance. The legislature would be lobbied by either a special interest group or by a few "suffering" souls, and new mandatory benefits like chiropractors or maternity care would be included in each policy. Basic policies were larded up with so much that affordability became difficult for families or businesses.

Choice became limited as rules became dictated and basic catastrophic policies became limited in their availability.

With all that being said, the insurance companies never breached certain taboos which they knew would break the bank and make policies soar beyond any reasonable economic sense. It was not because the insurance companies were just cold, heartless corporate animals. These benefits were not part of policies because the people who operate insurance companies knew through sophisticated mathematical analysis they would have to charge such outlandish fees that the average person would be overwhelmed financially. In step the Democrats of Washington who had a guiding light — equality. Everyone should bear the burden equally for the minority who cannot instead of addressing those individuals in a different manner.

There are many "benefits" that were mandated by Obamacare, but three were particularly financially unsustainable or corrupting:

1. The lifting of lifetime caps on benefits: The insurance companies never did this because they cannot calculate what their potential outlays would be in the future to be able to estimate what should be properly charged to policy holders. They are shooting at an unknown and moving target. They now have no choice but to jack up premiums to cover the potential costs.

2. Pre-existing conditions: The insurance companies limited their exposure from new policyholders to highly-expensive illnesses because they would have needed to either charge exorbitant rates to limited individuals to cover the risks or massively increased the rates of others not afflicted with the same ailments.

One might ask that since employer-sponsored plans do not exclude people for pre-existing conditions now why this will be such a problem. That is because the insurance companies are able to amortize their costs over the members of the policy.

In this new situation they will just being throwing people into an insurance group without any actuarial analysis. There is a program that does that now — it is called Medicare. That is a large reason expenditures for Medicare are out of control.

3. Equal charges for the two sex — Feminists never liked that insurance companies charged more for health insurance for women than for men. But you did not hear them arguing about auto insurance premiums that were higher for young males than for young females. The reason those rates were higher was because young males drove more and had more accidents. In California, in an attempt at equality, Proposition 103 eliminated different charges for males and females, so young girls were stuck with higher insurance bills to cover their boyfriends' errant behavior. In the same manner, insurance companies were not charging women more because the people who operated the companies hated their mothers. It was because women use medical services more frequently than men and therefore incur higher costs. They were charging the people who used the services for what they were using.



All of these new policies as part of Obamacare are wonderful in a make-believe world. But insurance is based on mathematical calculations. Actuaries study pools of policy holders and then calculate based on historical data what the projected outlays will be, then figure overhead and profit above that. That is how they come up with a monthly fee for members of their group.

Obamacare threw that all out the window. They figured on a group of young people obtaining insurance at rates above what their medical care experience would warrant. They have caused people to have significantly increased premiums, most with much higher deductibles. That is all with what for the most part are much smaller pools of providers (doctors and hospitals).

There are some winners, but most people are financial losers. That was never explained to Americans, but now that it is hitting them personally they are revolting. That is why there are so many penalties in the law. This is not sustainable on its own without threats and coercion. You could surmise that the writers of the bill new it would be hated. That is why crafters of the legislation wrote so many penalties into the plan. If the plan is so hotsy totsy people should be running to get it -- not running away?

One of two things will happen. The program will fail on the weight of its outrageously expensive requirements, or it will remain in place but only with the addition of much higher penalties and more threats of actions against those who won't willingly overpay for their health insurance. We don't believe the latter will be tolerated by the American people so we are left with the former.

Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Comment by clicking here.

Bruce Bialosky is the founder of the Republican Jewish Coalition of California and a former Presidential appointee.


Previously:


12/30/13 Why Judge Was Incorrect in NSA Case
12/09/13 The Real Reaction to Obamacare
12/09/13 How to Secure a Proper Iranian Agreement
12/03/13 Frontline/ProPublica's Misguided Attack on The Assisted Living Industry, Part 2
12/02/13 Frontline/ProPublica's Misguided Attack on The Assisted Living Industry, Part 1
11/25/13 Obamacare --- Big Business Gets Screwed Again
11/18/13 Shocking News: Dems Want New 'Revenues'
11/11/13 Do You Want A Nationalized Drug Industry?
11/04/13 Obamacare Schadenfreude
10/28/13 The Second Biggest Issue in America
10/21/13 The New Welfare State





© 2013, Bruce Bialosky

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