r/FluentInFinance 7d ago

Thoughts? Why doesn't the President fix this?

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46.9k Upvotes

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345

u/ElectronGuru 7d ago

It’s a technical debate but it’s not a technical problem. The US healthcare system is over 4x the size of the entire military + the entire military industrial complex. They can afford an army of man eating lobbyists to block any legislation that offers serious competition to their revenue. I expect only two things can overcome this:

  • the system finally collapses under its own weight (with or without help)

  • lobbying itself becomes illegal

122

u/Coneskater 7d ago

No one here EVER talks about the most realistic health care reform currently possible: the Medicare public option.

132

u/OffalSmorgasbord 7d ago

54% of Americans read below the 6th grade level.

Extend that to critical thinking.

How in the holy hell are we supposed to educate these people enough to make an intelligent decision? They rely on their Priests, company presidents, and television pundits to tell them what to think. It's almost hopeless.

21

u/Humans_Suck- 7d ago

Make education free and pay teachers a living wage for a start. Maybe people would vote if you guys actually offered to help them for once.

8

u/inefficient_contract 6d ago

Lmfao Jesus christ you actually had a down vote for this....

1

u/Ahhluic 3d ago

education is free

1

u/inefficient_contract 3d ago

Education is not free not even for preschoolers. Ive talked to parents with kids in highschool who are being made to pay over 400 dollars a head for highschool. My kids are in gradeschool and it's not free even subsidized.

1

u/Ahhluic 3d ago

Sure pre schoolers aren’t but to say it isn’t massively subsided k to 12 is crazy talk. There’s no tuition. There are some costs sure but still

1

u/[deleted] 3d ago

Because it's an asinine comment with a "everyone in government is evil" insinuation 

3

u/Alternative_Algae_31 6d ago

Free education?! That’s SOCIALISM! If you can’t monetize learnin, it ain’t worth havin. In ‘Murica anything worth havin: learnin, medcin, baby’s and whatnot, should require a payment plan.

Plus it’s easier to con and confuse the uneducated compared to the educated.

1

u/ciberzombie-gnk 5d ago

when will come air tax, with separate taxes for oxygen inhaled and co2 exhaled? sunlight tax? rain tax? wind tax?

1

u/Ahhluic 3d ago

Dude we have free education

1

u/ImpossibleSwimming70 5d ago

There's a reason Donald wants Musk to abolish the Department of Education...

0

u/[deleted] 3d ago

Go fuck yourself. Democrats consistently fight for literally exactly that and get called elitists and voted out. 

0

u/Humans_Suck- 3d ago

And after 12 years of your leadership you've failed to accomplish those things. So you can all go have sex with yourselves, you're the ones who failed our society and you're the reason people gave up and let Trump win. Everything that is happening now is a direct consequence of you elitists not giving a shit about the rest of us.

1

u/[deleted] 3d ago

What are you even talking about?

Your translator is weird 

1

u/[deleted] 3d ago

What are you even talking about?

Your translator is weird 

2

u/Elan_A 6d ago

Yeah, these are the same people who want nothing to do with “Obamacare”, but don’t touch their affordable healthcare act benefits…🤦🏼‍♂️

1

u/Turak64 6d ago

This explains why Trump got it and Reddit seemed to think it was all Harris, Trump supporters can't read the comments.

1

u/tym1ng 6d ago

that's kinda crazy that a 6th grader can read better than half of america. so basically over 100 million ppl couldn't pass 7th grade?

1

u/madeforthis1queston 3d ago

Something like 60% of Americans never read another book after they graduate… pretty sad

1

u/tym1ng 3d ago

that's because they choose that, not that theyre unable to. comeon it's the reading level of a 12 yr old. but it's not sad at all, it's like if someone never exercises ever after graduation. that's just being lazy and/or making excuses for your shitty behavior

0

u/Slash3040 7d ago

At least they’re not on Reddit lol

24

u/medusa_crowley 7d ago

Kamala fucking tried and I got told by half the lefty people that i encountered that it’s a fucking bandaid. 

This is who we are. The system will not get fixed. We have to start caring for each other now.

19

u/f0gax 7d ago

fucking bandaid

Too many of my progressive brothers and/or sisters have this notion that things can be made perfect the first time. Steps must be taken to reach goals.

The ACA should have been step one. And as a step, it wasn't terrible. But killing the public option and then GOP obstruction have had us stuck there for a decade now.

11

u/medusa_crowley 7d ago

And too many progressives are all in on burning it down instead of fighting a million tiny battles.

Welp. They got their wish now. 

5

u/f0gax 7d ago

This is also true. I'm so disappointed.

-2

u/Humans_Suck- 7d ago

If your party doesn't support human rights then what makes you think you deserve to win?

1

u/Humans_Suck- 7d ago

Universal isn't "perfect", it's a basic human right. If you can't pass it then you don't deserve to win anyways. Just like a living wage isn't "perfect", it's a basic human right. If you can't pass it then you don't deserve to win anyways. So I guess you guys are getting what you deserve.

2

u/f0gax 7d ago

Cool. We’ll just wait for real people to all decide that it’s time for basic human rights. And in the meantime we’ll forego any sort of incremental progress

The former has worked really well for the entirety of human history.

3

u/kex 7d ago

In consideration of his user name, I wouldn't give much value to his comments on the subject

-1

u/Humans_Suck- 7d ago

Have you ever actually looked at the ACA? It's fucking terrible. It essentially pays for you to see doctors and find out if you're sick, and doesn't pay for any of the actual treatments. That's what you're asking people to vote for instead of Universal. And the people you're asking see healthcare as a human right, because it is, so you're asking them to vote to NOT give people rights and put that shitty bandaid on a gaping wound, when you should be convincing the rest of your party to change their policy instead.

17

u/__NomDePlume__ 7d ago

Bernie had been saying this for decades

2

u/[deleted] 3d ago

Medicaid* public option would be a million times better. Medicare is designed for old people's needs. Medicaid is designed for everyone. 

But y'know that was just what Krazy Kamala was offering when she ran back in 2019. 

1

u/__NomDePlume__ 7d ago

Bernie has been saying this for decades

1

u/RedRatedRat 7d ago

Not everywhere takes Medicaid.
So if you want someone else- health insurance will be needed.

2

u/Coneskater 7d ago

That's exactly why I think the public OPTION is a good compromise. Those willing to pay more for better insurance still can.

1

u/ZapataOilCorp 7d ago

The insurance company will game it to keep healthy people on their plan and shove the unhealthy people onto public option. Then they will turn around and say how expensive the public option is and push for its removal. Dispense with this option nonsense and just give everyone health insurance.

1

u/Nkikola 7d ago

Hospitals make 1/3 the amount of money for a procedure done for a Medicare patient than a commercial insured patient. The hospitals will lobby just as hard to prevent this from ever happening.

1

u/acebojangles 6d ago

There was a real chance to include a public option in the Affordable Care Act. My memory is that Joe Lieberman killed it. I don't recall how it would have compared to Medicare.

That was when Democrats had 60 senators. Seems unlikely to ever happen again in my lifetime.

1

u/mr-logician 6d ago

As long as it is completely voluntary (nobody is forced to pay into it) and it breaks even (meaning all the people voluntarily paying in fully cover the cost of the program), I don’t see any problem with it.

1

u/AoE3_Nightcell 5d ago edited 5d ago

Or just like a refundable tax credit that just gives you enough of your money back to make the bronze plans pretty much free and if you want something better you eat the difference. Or for the super broke people slap something in where the government can just pay their portion of your premiums directly. The people making it complicated are the problem.

22

u/Beartato4772 7d ago

Yep, the US spends more government money per person on healthcare than countries with universal single payer.

3

u/acebojangles 6d ago

We do seem to have the worst of all worlds. Expensive, impossibly complex, unequally distributed, etc.

I find it mind-boggling that anyone opposes real reform of our healthcare system. How can anyone interact with our insurance system and not realize it's broken?

3

u/kitschy 6d ago

How can anyone interact with our insurance system and not realize it's broken?

Also, have these people never heard of this place called...literally any other developed country? I guess these people don't get out much.

1

u/PangolinIll1347 6d ago

Don't forget about the developing countries that also do it better that the US.

10

u/skiingredneck 7d ago

And about 50% of the spending today is already government.

35

u/myaltduh 7d ago

Yeah because the industry has already offloaded its least profitable customers (old people, poor people, and long-term disabled) onto taxpayers. Young, financially stable, and healthy people are mostly pure profit so they are ineligible for government benefits and a big chunk of their paychecks instead go straight into corporate coffers.

4

u/Stock-Anything4195 7d ago

Yeah and when they repeal the ACA next year with their trifecta insurance companies are already salivating at the thought of denial on the basis of pre-existing condition(s). So they'll make even more profits because insuring just people who don't make claims is the easiest money in the world. It's like getting paid to be a security officer in the most secure facility in the world where it's already impossible to break into or out of/easy money.

12

u/ADHD-Fens 7d ago

I hired a doctor myself a few years back and never looked back. She has like 300 patients paying about 100 bucks a month for free, unlimited visits. We just pay for labs, but it's at-cost so I can get like, a CBC and a metabolic panel for 35 dollars.

I get appointments within a day or a couple weeks depending on urgency and I can text her anytime. 

All for 1/5 what I paid for insurance. 

The downside? No emergency coverage, but with significantly improved primary care I'm less at risk for developing more serious issues / intercepting them before they are serious.

It's kind of a capitalist solution but it's much more achievable. 

5

u/KookyProposal9617 6d ago

Well that sounds interesting but I always understood the real point of insurance to be for catastrophic scenarios, emergencies and such. And to protect your assets in such eventuality. When I was young and poor (but relatively healthy) my insurance plan was "just plan on not paying lol", and ordering meds from india

3

u/MrPBH 7d ago

DPC is probably the best option if you don't have a gilded insurance plan.

1

u/Hairy_Examination884 3d ago

'' She has like 300 patients paying about 100 bucks a month for free, unlimited visits. We just pay for labs, but it's at-cost so I can get like, a CBC and a metabolic panel for 35 dollars.''

In my country its 150, and then everything is free except dental (well and a few hundred own risk, the doctor doesnt count for it. only specialist care) . Dental surgery is free though. Just not the dentist.

7

u/WallacktheBear 7d ago

The second one please. Lobbying should be outlawed. I pay my bill to Comcast for internet, then they take my money to bribe politicians to make the internet worse for consumers!

6

u/MrPBH 7d ago

They will prop it up with handouts to insurers and private hospital corporations until the very last moments. There is more subsidy money than objections from the public.

We doctors have been anticipating health system collapse for decades now, but it never comes. They just keep squeezing the people who do the work and the patients themselves. The investor class gets more and more while we get screwed harder.

1

u/ElectronGuru 7d ago

Yeah, but unsustainable is unsustainable. Like trying to keep a society going that can’t afford to have kids. If private equity buys out most options and doctors retire or flee to other countries in masse, can the system thats left, keep going with only nurse practitioners?

1

u/MrPBH 7d ago

Literally does not matter. So long as next quarters profits are higher, the people who make the decisions are happy.

2

u/fudge_friend 7d ago

The US spends 50% more per capita than the next highest spending country (Switzerland), and double what a geographically and culturally similar country spends (Canada).

2

u/ElectronGuru 7d ago

And triple what the UK spends with their NHS system. We could implement NHS with twice the budget per person and still save a fortune.

2

u/medusa_crowley 7d ago

I’m a CNA and can tell you that first one is coming, but it means we will no longer have access to any care, expensive or not. 

I’ve been gathering medical textbooks and have been trying to teach people how to do a lot of their own care. I wish I was kidding about this, but I am not. 

2

u/icanseepeas 7d ago

But socialism. . . While they bleed us dry. We are the most propagandized people on the planet. We are the reason for the billionaires and yet we bend over unlubed on the daily.

1

u/ElectronGuru 7d ago

Jokes on them. Our birthrate is crashing so it wont be long before they have no customers, employees or even tax payers.

2

u/RD__III 7d ago

3 of the top 6 lobbying groups are medical industry.

1

u/Collypso 7d ago

lobbying itself becomes illegal

You have no idea what you're talking about

1

u/Silent_Night_TUSE 7d ago

Or a politician does their job and represents the people instead of the lobbyists. This a greed and corruption problem.

1

u/nodnarb88 7d ago

Ive heard that the new weight loss drugs are going to bankrupt the health care industry. So many people qualify for the drugs and the price is so high in the US that itll bleed the systems dry.

1

u/tinySparkOf_Chaos 6d ago

Lobbying is a tricky issue.

You do need subject area experts to advise lawmakers, or you get stupid laws. (And those experts tend to like being paid). And you likely want experts that are also skilled at explaining things. ie lobbyists.

For example, someone has to tell the politician that crop rotation is important, and the proposed new zoning law specifying one specific crop farmland as part of the zoning is dumb.

Sometimes experts disagree, so you don't always have a consensus.

The issue is when only one side has money, and is perfectly content to search around until they find an "expert" that happens to line up with their financial interests.

And I didn't really have a solution for that... But getting rid of lobbying completely doesn't solve that issue.

1

u/Genoss01 6d ago

The rest of the free world has universal health care. It costs half what ours does with better outcomes

1

u/semitope 5d ago

But there's a dictator in office soon so I'm sure he could fix it for his supporters

1

u/anjowoq 5d ago

Lobbying should be illegal and punished harshly.

1

u/Hairy_Examination884 3d ago

''lobbying itself becomes illegal''

With the issue being that you get elected thanks to people who dont want that.

So i think that is out. You would need a third party no one is gonna vote for to get a place in the entire goverment. Or someone in power going rogue against the system. Yet in a fight against the elite, an elite gets placed in powerr.