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OpEdNews Op Eds    H2'ed 3/20/10

The Death of American Populism

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Current legislation doesn't "provide universal, comprehensive or affordable care to the American people. It shovels hundreds of billions of dollars of taxpayer money (to predators that) created the problem: the Aetnas, CIGNAs" and other insurers. It requires no contractual accountability or other benefits for people denied coverage under a "pay-or-die system that is the disgrace of the Western world."


For the drug cartel, "it's a bonanza" heading right to their bottom line, including no government negotiated discounts, lengthy new drug patent protection periods to impede cheaper generic competition, and no reimportation of lower-priced foreign drugs to keep prices high and affordability low.


Further, there's no public option, and the legislation mostly doesn't kick in until 2014. It means "180,000 Americans....will die between now and (then) and hundreds of thousands of injuries and illnesses" will go untreated. "There's (also) no free choice of doctor and hospital under this. There's all kinds of exploit(ive provisions to let) health insurance (and drug) companies continue their ravenous ways over people who are (the) most vulnerable....when they're sick or injured." Who in Washington represents them when the few progressives side with the others.


It's a sad moment when liberal Democrats caved. "They've all caved. They've all been put into line by the (House) majority rulers." It's a shameless, but predictable climb-down. They want to perpetuate a system that costs double per capita (about $7,600) of other Western states and provides worse coverage. In America, about 800 people die weekly because they can't afford insurance, enough of it, or insurers deny or delay their claims.


Will new legislation fix this? Not at all because providers, especially insurers, are notorious for gaming the system, and 2,500 pages of legislation contain loopholes, ambiguities, and legal interpretations that experts can easily manipulate to their advantage or create a process so onerous to contest that it amounts to the same thing.


Former CIGNA vice president, Wendell Potter, explained, saying Obamacare lets insurers shift costs to consumers, offer inadequate or unaffordable access, force Americans to pay higher deductibles for less coverage, and even scam subsidized consumers.


"What worries me," he said, "is that people who are forced to buy coverage and all they can afford to buy is a high deductible. (So) if they get really sick, they have to pay so much out of their own pockets that they're going to be filing for bankruptcy or (lose) their homes."


Potter especially dislikes the Senate bill that will force many people to buy insurance only covering about 60% of costs if they're sick. Many people have no insurance because it's unaffordable. "They certainly couldn't afford premiums plus the out-of-pocket expenses in today's market" that keeps hiking costs higher.


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VISIT MY WEBSITE: stephenlendman.org (Home - Stephen Lendman). Contact at lendmanstephen@sbcglobal.net.  My two Wall Street books are timely reading: "How Wall Street Fleeces America: Privatized Banking, Government (more...)
 

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