Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Health Care in America: The Masquerade is Over, The Public Option is Dead!

Politics / US Politics Aug 19, 2009 - 01:11 AM GMT

By: Global_Research

Politics

Rep. Dennis Kucinich writes: The masquerade is over! The "public option" is ... dead.

Health care reform is now a private option: WHICH FOR PROFIT INSURANCE COMPANY DO YOU WANT?


You have to choose. And you have to pay. If you have a low income, under HR3200 government will subsidize the private insurance companies and you will still have to pay premiums, co-pays and deductibles.

The Administration plan requires that everyone must have health insurance, so it is delivering tens of millions of new "customers" to the insurance companies. Health care? Not really. Insurance care! Absolutely. Cost controls? No chance.

You will next hear talk about "co-ops." The truth is that insurance company campaign contributions have co-opted the public interest.

I need your help to spread the word and rally the nation around true health care reform which covers everyone and maintains fiscal integrity without breaking our nation's bank! Your contribution will empower our efforts to continue to fight for the single-payer, not-for-profit health care bill, HR676 "Medicare for All," which I co-authored with Rep. John Conyers. The bill now has 85 sponsors in the House.

The hotly-debated HR3200, the so-called "health care reform" bill, is nothing less than corporate welfare in the guise of social welfare and reform. It is a convoluted mess. The real debate which we should be having is not occurring.

Removing the "public option" from a public bill paid for by public money is not in the public interest. What is left is a "private option" paid for with public money. Why should public money be spent on a private option which does not guarantee 100% coverage nor have any cost controls? A true public option would provide 30% savings immediately which would then cover the 1/3rd of the population who presently have no health care.

Unfortunately, under HR3200, the Government is choosing winners and losers in the private sector; proposing to spend public funds on subsidizing insurance companies who make money not providing health care. This process will insure only the expansion of profits. Gone is the debate over cost.

As a result of current negotiations, the Medicare Part D rip-off will continue for another decade, further fleecing senior citizens. Drug importation has been dropped, so no inexpensive drugs can be accessed from other nations.

Instead we are told the pharmaceutical companies will accept a 2% cut in the growth rate of their profits - they call this cost control!

If the matter were not so serious, it would be farcical: The executive branch pretends that the proposed health care reforms are something they are not. The legislation is being attacked for something it is not. Congressional leadership and the White House defend the legislation, pretending it actually is the very proposal that is being attacked. But it is not.

A commonsense government health care reform policy would insure that every single American has full access to health care by expanding Medicare to cover everyone under a Single Payer System. We are already paying for a universal standard of care, it is just we are not getting it.

I need your help to spread the word and rally the nation around true health care reform which covers everyone and maintains fiscal integrity without subsidizing insurance and pharmaceutical companies and breaking our nation's bank!

My voice in Congress will continue to challenge the special interests who do not want "single-payer" to succeed. I need you to join me in combating the special and corporate interests who spend millions to try to win this Congressional seat. With your help WE will win again. With your help I will continue to represent your concerns, be YOUR VOICE in the United States Congress, and be the voice for health care for all Americans!

With your help, we can accomplish ANYTHING in America. Persistence, dedication, truth and courage will lead the way and win out in the end.

© Copyright Rep. Dennis Kucinich, Global Research, 2009

Disclaimer: The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of the Centre for Research on Globalization. The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible or liable for any inaccurate or incorrect statements contained in this article.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in