Lying Government and Its Socialized Healthcare Scam
Gary D. Barnett
by Gary D. Barnett: Hunting
'Terrorists' and the Expansion of Kill Lists Means Perpetual War
I just received
my annual letter from my medical insurance carrier explaining my
annual increase in premium. When I say annual increase, I mean it.
My costs, even with much less coverage than in the past, have increased
over 700% since 1999. For some reason, I donít think this is calculated
in the governmentís Consumer Price Index (CPI).
where I live, the options for "health" insurance are not
very competitive, and some years ago, the least expensive plan I
could find was with Blue Cross/Blue Shield of Montana. This was
not my preference, but at the time, I had little choice. I have
a $5000.00 deductible major medical plan that has no bells or whistles,
dental, or any additional coverage.
I will preface
the rest of my statements by saying that virtually no claim of any
substance has ever been filed. We are very healthy individuals,
and very health conscious, and only visit the doctor when absolutely
necessary. And of course, any costs incurred are paid directly out
of pocket, not by the insurer.
With that said,
the premiums have increased dramatically every single year; averaging
from 10% to a little over 20% depending on the year. This year however,
things changed substantially. In the letter I just received, the
premium went up by 39% in one year! That increase was well over
$4,000.00 annually. To put this in context, if this continues at
this same rate of increase for just four more years, my premium
would be around $60,000.00 per year; an impossible situation.
given by the insurance company for this massive increase:
renewal rate was primarily based on an assessment of all the medical
claims by all the individuals enrolled in this plan."
This is bogus,
and I think it impossible that claims increased almost 40% in just
one year, even with the passage of Obamacare. But once all the mandates,
subsidies, penalties, and monstrous tax increases take effect in
that socialistic atrocity, all bets are off. So what are the real
reasons for this astronomical increase in premium?
I could speculate,
and then would be faced with a never-ending debate. I could write
about the current insurance climate, the structure of bogus groups,
of government mandated coverage present and future, of new regulations,
of tax and price increases in health care, in government subsidies
funded by individual taxpayers, and on and on. Besides being boring,
the absolute truth of the matter would go unanswered, because all
these things and more are the problem. Or maybe its just because
Iím getting older and may actually need to use the coverage Iíve
been paying for most of my life. That certainly would not be in
the interest of any state subsidized insurance company!
line is that this country is headed toward a completely socialized
single payer "healthcare" system. At this point, that
is not arguable. Unfortunately, my situation is not unique, and
things will only worsen from here.
is purposely designed as a disincentive for those of us who choose
to be self-reliant and self-responsible. We are being pushed out
of the so-called private market, so that the state can take full
control, and fully socialize the system. The advantage here is the
governmentís, because when it fully controls the countryís health
system, the populace at large will be more dependent than ever before
on the government. This gains for the government a huge amount of
power over the individual. In turn, the individual will suffer greatly,
and the quality of care will disintegrate.
at a few of the changes that will take place over the next few years
is eye opening. The Affordable Care Act (Obamacare) is already law,
and the implementation of mandated changes will continue to take
effect for the next several years. These new rules, regulations,
taxes, subsidies, and mandates, should serve to enlighten any who
doubt the economic devastation that this will cause. A brief timeline
payment rates to physicians will be increased, and can be no less
than 100% of Medicare rates, and states will receive 100% federal
taxpayer funding to cover costs to meet this requirement
- Annual limitation
on contributions to Flexible Spending Accounts will begin
- A new excise
tax of 2.3 % on medical device manufacturers begins
- The elimination
of certain deductions for employers takes effect
- Income threshold
for claiming itemized deduction for medical expenses will increase
companies prohibited from not insuring any due to pre-existing
- New federal
insurance regulations begin
- New taxes
and tax credits, including a mandate that all obtain health insurance
coverage (This insurance mandate has very low limits, and the
rest is subsidized)
- The employer
mandate and penalties begin
- The individual
mandate and penalties begin
premium subsidies for insurance begins
- A 40 percent
tax on high-cost, employer-sponsored health plans begins. The
tax falls on plans worth more than $10,200 for individuals and
$27,500 for families.
have already taken effect, such as:
for preventive care for all ages have been eliminated.
- Young adults
can stay on their parents' insurance up to age 26.
can't deny coverage to children with health problems.
can't limit how much they'll pay over a person's lifetime.
- Older people
save money through improved Medicare prescription benefits that
are phasing in through 2020.
- A temporary
program helps people with pre-existing conditions
Keep in mind
that these are only a handful of federally mandated changes that
have or will take place in healthcare over the next few years. There
are many, many more changes as well, and all will be destructive
to business, to the economy, and to most individuals, especially
those who do not fall under the umbrella of welfare takers. Unemployment
will go up due to these mandates, and employers will be forced to
make drastic changes. In addition, the costs will be so prohibitive,
that any who choose to insure privately will most likely be priced
out of the market.
Given the recent
increase in my premium, and given the changes coming over the next
few years due to Obamacare, what should be expected? I can tell
you, much higher costs, long waits for life-saving medical procedures,
and much lower quality medical care in general will be the result.
That is where we are headed, and all, even those who are parasites
on the system, will be adversely affected in the long run.
I plan to self
insure, but with the extremely high medical costs today, and much
higher costs on the way, what will it take to prepare for those
major medical situations? How will most react when they canít get
the care they need to survive? Canadians now come to the U.S. for
major or timely procedures, but where will they go in the future?
Where will Americans go?
system in this country has brought us to this place, and the voters
who support that system have been a major part of the cause, and
therefore are much to blame. Nothing in life is free, and when the
masses expect everything to be supplied by government at the expense
of their neighbors, including healthcare, then all will suffer.
Get used to
it, for those who choose theft as a way of life, even if government
thugs on their behalf perpetrate that theft, will eventually reap
what they sow!
D. Barnett [send him mail]
has been a financial advisor for 25 years, and now resides and works
in Lewistown, Montana. Visit his
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