Unexpected Healthcare Allies
 

I spoke with a good friend tonight about healthcare. He works for a big savings & loan company (S & L) in Orange County, CA. He told me that the S&L industry is going to yeild a big hammer when it comes to universal healthcare. He sent me a graph to illustrate his point.

Here is why:
Even though insurance companies invest in Savings & Loans, the amount of money saved by individuals is still 25 times what the insurance companies invest! Hence, if people can be kept alive longer, then the S & L's will be able to generate more intrest money from their holdings. The amount that they stand to make on long-lived clients is in the BILLIONS of dollars. Therefore, they want you to live as long as possible so that they can use your money to loan other folks and then reap the intrest payments.

Universal healthcare increases the chances of people living longer and saving longer...

So, this means if we get universal healthcare the S&L will benefit as well? Well hot diggity dog! It's nice to hear we can potentially put an end to big insurance companies who refuse to cover someone due to pre-existing conditions.

Am I understanding this correctly?

Of course, they're banking (pardon the pun) that Universal Health Care will cause people to live longer..:)

If it's anything like Canada, you could die waiting to see a Doctor.

Me too, Vic. I was being a little sarcastic..:o

I honestly don't think universal healthcare is a bad thing. I already have military insurance which is darn near close to universal healthcare. The only people I have to take a backseat to is soldiers. I can't and wont complain to that. Sure, we have options on which level of insurance we want but I chose prime and see in network doctors to save on the deductibles and out of pocket cost. We are one of the lucky ones in that Jim's retirement will cover me to death.

:Ponder:
I wonder if universal healthcare will affect the companies that Tricare contracts with? The companies I have been through are Humana, Blue Cross and now Healthnet Federal Services. I bet if universal healthcare takes over those companies can kiss the military contracts goodbye as well. ;) I also wonder about Medicare and the need for supplemental policies? Will universal healthcare eliminate the need for these too? Wow, all the possibilities!

Sandy,

It seems that the plan the will be pushed by S & L's, banks, etc. will be the same plan that Congress uses. I think that if anything, it will be an improvement on what is being offered to vets & their families.

This is going to be fun to watch!

I would love to be able to save 25k per year rather than continue spending it on insurance and deductables for my family.

-Vic

Well I for one am all for it! I know it's going to take some time but I do think we'll see it in our lifetime for sure.

Sweet Sally being sarcastic? I don't believe it! :D

It's certainly something that we seem to dabble with a lot in election seasons, Vic. We have to remember that universal healthcare is tantamount to the first step toward socialism.:eek::eek::eek:

I'm sure that the S&L industry has plenty of actuaries hammering out the stats for them, and fundamentally, I agree with their theory (for their own benefit).

One graph of unknown origin, created by one subjective source is definitely not enough to convince me of anything!;) But, I'll admit that the thought has also crossed my mind.

Having known some Canadians who have been severely neglected by their system has seriously opened my eyes to a lot of the underlying issues involved in their system.

If we're put under the same Healthcare system as Congress, I'll buy it, but if they conger up one especially for us underlings....Fageddaboudit!!:p

The healthcare system in Great Britain is comparable to Universal health care, and I believe it to be superior to the healthcare system in Canada. Part of the problem in Canada is they don't have enough equipment which this country certainly does have. I, personally think it would be of benefit to the American citizens to have Universal Health Care in this country. It amases me how many children and women in this country are under or non-insured. This was something I had never encountered in GB. It seems to me the healthcare system in this country is geared to the wealthy. One must have money in the States to be ill, otherwise you don't receive the same care as someone who has money. It's a sad state when insurance companies dictate to physicians and hospitals how they should be practising medicine.:(

I am lost....... I thought it was good, then I thought 'oh,oh', then I thought...Well, I thought I really don't understand. The "Universal" System has not worked in Canada very well and it is a disaster in England. The last I heard England did not have enough nurses and hired a whole bunch of nurses from Spain and gave them a crash course in English. As far as needed surgery, many old British were crossing the Channel to have their surgery in France. Somehow France was able to accommodate them. Can we trust the banks to play fair and not refuse treatment to anyone?