Six months ago it would have been easy to write that the Patient Protection and Affordable Care Act (ACA), aka Obamacare, was bought and paid for, but now with the way the Republicans in Congress are behaving that may not happen when the President wants it to.
Why in the world would I say the ACA was bought and paid for? The title of this article answers the question. The ACA was written with what appears to be a very benevolent provision, which everyone, when they read it or hear it discussed in the media seem pretty satisfied. It deals with those who, due to their economic position in life, will still not be able to afford the health care programs provided for by the ACA.
When that situation occurs the government has made an arrangement with the Insurance Industry to have the additional cost for the expensive premium passed on to the government. In point of fact, the federal government, that is you and I, will be picking up the tab for insurance premiums for those who cannot afford the cost.
What has taken place here is the Insurance Industry has rid themselves of the responsibility of late payers, or non-payers. The good thing about this is that the stock prices for the health care industry will eventually go through the roof, as the insurance companies will not have to deal with cost over rides and excessive expenses from non-payment, it will all be profit.
Why do I write such words? It’s simple, in 2012 the healthcare industry donated $18,914,849 to President Obama’s campaign, not to be out done, Mitt Romney received almost as much, coming in at $18,629,033. The total are courtesy of Opensecrets.org. Open secrets advised that even Randall Terry the anti-abortion candidate received, $4,300 from the health care industry.
Apparently after giving such a large amount of money, the healthcare professionals are calling in the loan, and will receive protection from bad debts and millions more premium payers.
I say,” No, enough is enough.” Call your representative in Congress and advise them to stand firm and not fund Obamacare, and to stop representing the special interest groups that have elected officials in their hip pockets.