Tactical Trading Outlook

“We already have Health Care Reform (The PUBLIC Option)”

Insurance companies are in business for one reason and one reason only and that is to make money. That’s right, money, lots and lots of money. That’s what business is all about. There’s no benevolence, no interest in the customer’s comfort or level of pain, the customer is a means to an end…..money. Thus their main goal is to make as much profit as legally possible. If you own a business you understand this concept. To make a profit you must be able to make sure the amount of money that comes into your bank account is significantly more than the amount of money that leaves it. That’s the definition of business. If you can wrap your mind around that fact then it becomes easier to understand why it is the current health care system in this country is fundamentally broken.

Health care is about pregnancy, cancer, broken bones, birth defects, sickness, suffering, disease, end of life and pain. If the idea behind a health care system is to mend the broken bones, cure the sickness, ease the pain and suffering and provide comfort for those who are frightened and hurting, then it seems paradoxically at odds with the current “for profit” system now controlled by the insurance companies. The need for Insurance companies to make profit is in direct contradiction of a patient’s need for care. They have a very strong incentive to deny their customers the care they need and that incentive is what’s known as the bottom line, profits!

The less money insurance companies have to pay out in claims made by their customers for the care they need, the more money they can put in their profit column. That’s why insurance companies prefer young healthy people and over charge or completely deny coverage to older folks or folks who have a “pre-existing” condition. They market strongly to the young, healthy and affluent and fool them into believing they are more entitled than others, entitled to the absolute top tier treatment in healthcare and they command a serious premium for access to this supposed “premium care”. It’s a lie though, it doesn’t exist, but as long as the healthy and affluent believe they’re “special” and believe that like buying designer jeans, or an expensive car, insurance is a status symbol, the insurance companies will raise rates for these folks because they are, “The MOST PROFITABLE CUSTOMER”!

As long as insurance companies can raise rates and drop customers they’ve determined likely to file a claim at some point in the future, drop folks with “pre-existing” conditions they’ll continue to make billions in profits, and you can’t blame them, that’s what they’re there for. That is exactly the reason insurance companies exist, to make money. An insurance company is not some benevolent entity that was invented to take care of you when you’re sick, or to make sure you get the care you think you deserve, they’re a business that profits from the risk that you or a loved one will become ill or get injured and suffer. The more they can lower that risk of actually having to pay a claim or deny claims altogether, while raising rates, the more successful they are at their intended purpose, to make money. The insurance companies goals are diametrically opposed with the goals of the customer or patient, more accurately, you. We can’t blame insurance companies because that’s what they do, make money for the insatiable greed of the corporate CEO’s and stock holders. That’s it, that’s what broken about our health care system. Insurance companies make more when they pay less. Our health care system should work in a way that promotes the care of the patient and provides access to all Americans equally.

Every other civilized country on the planet earth except the U.S. has decided that regardless of the underlying machinery that makes up their governmental process, they provide their constituents with access to healthcare. That’s not a talking point, that is a fact. A fact that can be and has been verified. Why would we, one of the wealthiest countries on the planet, exclude 40 to 50 million of our own fellow Americans access to health care when they (we) are in pain and suffering? Why would we be so ignorant as to follow a bunch of grouchy old men and women in congress and the senate, who are being paid-off by the insurance companies themselves. Why would we be so gullible to believe they actually have our best interest at heart? It’s not rocket science, what I’ve described above is easy to understand because it’s true. So what’s the answer? Well it’s actually very simple. I mean really simple. If the idea is to have a large pool of money that you, me and everyone else contributes a little bit to so that when you suddenly face a situation where you are sick, suffering scared and/or in pain, you have access to the funds necessary to get the care you as an American deserve, and we as a civilized, educated people should care enough to provide. If that’s the go
If that’s the goal, and it certainly should be, then the answer is really simple. I mean we’re already half way there, we just have the wrong folks managing the pool of money.

Who would be the most likely candidate to manage this pool? Who can we trust? The insurance companies? Well remember their interest is not in our wellbeing it’s in making a profit and they want a disproportionate amount of the pool to keep for themselves. Insurance companies are probably not the best to manage our health care pool then right? How about we all take a vote on the person we feel should manage our money? We could call him or her the “Insurance Commissioner” or something. That way our democracy works the way it should, we vote on the best person for the job, majority rules and after some period of time we vote on whether to keep them or find a replacement to make sure our “Insurance Commissioner” is still doing the job we need him/her to do. Sounds like pie-in-the-sky right? Wrong.
It’s called Medicare, we all pay into it, it’s a very large pool of money, and it’s accessible buy any American over 65 years of age. Guess who owns Medicare. I do, oh and you do too. Every American that pays into Medicare owns it. All we need to do is remove the age restriction and Walla! We’ve got our publically owned health care fund!!!! Write you leaders and demand that we be given access to our own publicly owned health care fund or PUBLIC OPTION!!!!! If you don’t know who your leaders are or how to contact them go to the following government web sites:
Congress – Senate: https://writerep.house.gov/writerep/welcome.shtml
President : http://www.whitehouse.gov/contact
If your vote is no, please back it up with rational based on verifiable facts. Otherwise you’ll look like just another uninformed schlep who thinks Glen Beck has a brain.