UDPATE:  Colorado HealthOp closes after 2015.

Financial collapse to force 83,000 to find healthcare or pay penalty.

Time to pay the piper.

It was not supposed to happen.

Cindy Vinson and Tom Waschura are big believers in the Affordable Care Act. They vote independent and are proud to say they helped elect and re-elect President Barack Obama.

Yet, like many other Bay Area residents who pay for their own medical insurance, they were floored last week when they opened their bills: Their policies were being replaced with pricier plans that conform to all the requirements of the new health care law.

Vinson, of San Jose, will pay $1,800 more a year for an individual policy, while Waschura, of Portola Valley, will cough up almost $10,000 more for insurance for his family of four.

Finally, reality will set in.  Barry is a liar in so many more ways than one can imagine.  Affordable?  I’m laughing so hard that I am about to choke and I’m positive that the brilliant zero supporters are choking as well now.

In California, 1.9 million people buy plans on the open market, according to officials with Covered California, the state’s new health insurance exchange. And many of them are steaming mad.

snip to the obvious...

“Of course, I want people to have health care,” Vinson said. “I just didn’t realize I would be the one who was going to pay for it personally.”

I guess the minor facts about who would end up paying for this didn’t make it into this confused person’s head?  Word…insurance was NEVER EVER designed to pay the entire bill.  It was meant to help you in time of need.  Just a guess, but I suspect that the people interviewed for this article voted for teh won more than once.

An interesting piece from 2013 concerning the reasons for healthcare being so high and some helpful solutions that would actually work to contain cost.

So, what is the solution to the high and rising cost of healthcare in the US? Deregulation to a true free-market system. Let the (relatively) free market that has produced spectacular results in the electronics industry, work in healthcare.

  1. Remove the tax incentives for employers to offer group health plans, instead of equivalent extra wages, and get rid of the regulations that promote the health plan model.
  2. Repeal the EMTALA and let emergency rooms set their own policies on whom, and under what conditions to treat. (People are free to set up voluntary, privately funded, non-profit ER’s that can treat those that can’t pay, and don’t burden those who can pay, or who have insurance.)
  3. Abolish the FDA. (If there is a demand for independent drug testing and approval, there is money to be made in a private “Good Housekeeping Seal” for drugs. Such a company would thrive on its reputation for impartiality and rigor, and would likely make its finances utterly transparent, while charging drug makers a set fee for each drug screening. If it approves something it should have labeled as dangerous, its reputation will be gone, and its business will collapse, quite unlike the government-mandated FDA.)
  4. Phase out Medicare over the next 20 years, and let people save for their own medical needs in old age, rather than paying taxes for the Medicare benefits of current recipients, while hoping that the next generation behind them is able to afford to subsidize their (more expensive) benefits in this perpetual Ponzi scheme. (The same issue exists with Social Security, and Baby Boomers threaten to bankrupt it. Allowing people to save the money they would have paid into Medicare would reward those who save, and encourage saving, while doctors’ competition for seniors’ business would keep prices low.)
  5. Phase out Medicaid over 5 years, and let doctors compete on price for the “low end” market, rather than taking taxes to subsidize dependence on the state. (Those who are genuinely helpless, and can’t pay for low cost care themselves, would depend on the voluntary, private charity that is more forthcoming when others aren’t as burdened with high healthcare costs of their own.)

Compare the rising prices of insured healthcare to the price change of elective procedures. From what I can tell, the average cost of cosmetic surgery has remained relatively constant over recent years, and the cost of Lasik has dropped significantly, due to much improved technology (i.e. free-market innovation.) This provides some indication of what would happen in a truly free market for general healthcare.

I love the suggestions, but I can hear the wheels of government coming to a screeching halt at thought of getting rid of the FDA.