Health Care Reform: The Hank Factor
by Rick Glover
Filed under Health Videos
In which John, who is kind of a fiscal conservative, uses the example of Hank to show how the current American health care system disincentivizes economic growth and entrepreneurship and argues that a public insurance option (even like the hodgepodge one in Montana) does not result in public bankruptcy but a more efficient and productive economy. Our community lives at www.nerdfighters.com
Hank should move to a different state. In my state we have more than 600 health care insurers fighting for customers. My wife has had cancer a number of times, I’ve had ongoing problems that cost more than Hank’s…
And we both were able to shop around and get good coverage…she’s self-employed, and I chose a coverage other than what my employer offered.
A lot of states “regulate” insurers to the point that nothing is available…let’s do away with that and compete across state lines.
Big companies are not required to offer their employees health insurance.. Also, if health care reform fails, employer based coverage will collapse.
We want HC Reform,,but nothin bomacare that has been shown and neither does anyone else want that garbage…
How many times does blomacare have to die??
Nobody wants ANY version of it..
CBO stats its totally UNSUSTAINABLE just like this administration..Unsustainable…..
The dude showed his hand and has no more street cred…Its not just about stupid blummercare, but all the socialist policies that are CLOWARD PIVEN 15 years outdated….
That’s why all those DEMS keep doin the SCOTT BROWN SCATTER like they started after the coak croaked in mass w/ scott brown victory haunting them rite out the door
Hank! move to canada and take your business with you… create jobs in Canada! it’s cheep plus you don’t have to provide healthcare for your employees caus the gov does that for you…
Isn’t that sweet!
@hadenufnow Nobody wants healthcare reform. They are going to decide who gets and who does not get healthcare and decide how you will be cared for.
OPT OUT of blomacare…
Its poison..
Nobody wants it…
Taiwan and Singapore has best medical care system in the world, 99% coverage, high quality, and they are government run with less than 5% GDP budget. Do some research other than Canada and Brits. Come on my fellow American, let us fix the healthcare for our children sakes!!
I OWN THAT DRACO AND THE MALFOYS SHIRT. They came and played a show with Harry and the Potters really near me in Chicago. It was awesome.
Move to Canada we all get Health Care
Health care should NOT be provided by a for profit company. Get rid of the greedy insurance companies with their extravagant CEO salaries and preexisting condition.
Hey you chumps,
You DO NOT WANT to be paying for my million dollar HC issues or my byotches wid all dem kids wid all their drug & alcohol issues as they wud bankrupt you overnight…YOU THINK YOUR PREMIUMS ARE HIGH NOW! just wait till the gubbment gits a hold of whats left in your skinny wallets chumps…..
isn’t Hank an employee of his own company, which should be required to provide health insurance to its employees?
This is the problem you have your government give you free education and 1200$ to go to school..why should other people pay for what is an investment in your self?
You Europeans are too hooked on government freebees..when the retirement boom comes and it will it will be a shock to get into the real world..
I went to school paid my own way and went into debt.. I also bought health insurance through the school to cover what Canada wouldn’t. Made me a better person..
No the subsidies are a very small part of the funding for new drugs. I think 4% of all drugs are from tax payer subsidized programs. ..
No cost in health care is as varied as every other business. That is a very wrong view that the only way to cut cost is to cut treatment…
Is that how Laser eye surgery got cheaper by cutting the number of eyes done?
well i cant even afford what my government pays for me, even though they (big bad government) pay me 1200$ a month for attending our free universities, so should i be denied care because im a “poor” student? or the guy who is carrying my trash away every morning should he be denied?
most people cant afford the best anyways… theres a market for private clinics for rich superpeople anyways
If your government has a list of procedures it will perform and ones it will not pay for. The newest technology, drugs and procedures that may increase your chance of survival and greatly increase your quality of life, which are available in the USA, or at a very high price may not be on that list.. therefore you are being denied some form of health care.
An insurance company may also deny you care but in a different way..You still can get it you just have to pay for it eventually.
yeah private industry assisted by taxpayer subsidies.. well, where im from noone gets denied.. yeah “Profits are maximized by cutting down on costs” and costs in healthcare is treatment
What kind of question is that, taking risks in what way?
Profit is by definition is what’s left over after expenses. Profits are maximized by cutting down on costs. private companies do it better then governments. Medicare denies more claims then private companies..
The health care industry buys patents to then market them. Private industry invented about 80% of all medical technology, drugs, and procedures around the world today. So yes they do a better jobs at bringing me innovation
do you want any buisness taking risks with your healthcare? healthcare by profit maximization doesnt sound appealing to me, i dont care about service if i just get treated when i fall sick and get saved when in an accident, i really dont care if i can get a free hot cocoa in the waiting room
You know how the health industry buys patents so noone can develop further if they have the best products out there is that moral? Do you want those protectionists in charge of your health?
No one said anything about denying the people who need help. Nice try, no and no there are no bureaucrats protected by the state running private businesses.
No the point isn’t that they don’t care. As was pointed out the problem is that there is no incentive to innovate or take risks in creating new services if there is no incentive to save money or of reward..
You can help other people you know with out the state deciding how…god…hard concepts I know…
theres nothing moral in keeping for yourself what other people need because of your own greed and pompous ego.and theres no bureaucrats running private enterprize?
cant government employed people care for the work they do,give them a break, just because a doctor or teacher isnt motivated by having more than others doesnt mean they are bad persons..
if you dont like the idea of humans taking care of one and another, theres lots of independence and freedom(from giving) in the jungle somewhere
The vast majority of people do pay taxes. Or pay through the lost oppurtunity that high taxes create.
There is nothing moral about making someone else pay for your health care if you can your self…
Run by the people? You mean bureaucrats who have very little fear of losing their job and have little to no incentive to increase efficiency and plug money leaks, because they know any mistake they make will be covered up and forgotten come election year.
and everyone pays taxes? so what, and actually its run for the people by the people because the people are the taxpayers
It isn’t free, you pay for it through taxes, call it by the real name government run..