Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Can you really "compete" with a program that sets rates and cannot go out of business?
Democrats love to say that Obamacare will compete with the private sector. How is it real competition when private insurers are not on the same playing field as the public plan, who a) cannot go out of business and b) can set rates and make rules however they want?
Isn't this like saying lions compete against gazelles? I mean it technically may be true but in reality there is no competition when it's all stacked in the lion's favor.
16 Answers
- Paul Grass™Lv 71 decade agoFavorite Answer
No you can't! But then the dems only want a single payer system!
- duker918Lv 71 decade ago
Your analogy would have been better if were in an enclosed area. Lions and gazelles in an enclosed area, lions win all the time. Gazells may last a while but eventually, good bye.
The USPS analogy is simply an awful example. The USPS has a MONOPOLY in mail delivery. UPS and Fed Ex compete with (and demolish) the USPS in package delivery. It is illegal for UPS and FedEx to deliver "mail" to you mailbox.
The simple fact that insurance companies MUST make a profit (or at the very least break even) makes them better providers to the greater public. Is there room for improvement? Certainly. Can and should something be done to help people who have chronic ailments, certainly. Does it need to be a complete re-structuring of the health care system? NO.
Someone mentioned the 2 tier system in europe (public insurance with better care for those who bought extra private insurance). Isn't that basically what we have here now? Yes, it is but the "public" pieces have so distorted the private that is has become what it currently is.
- Anonymous1 decade ago
There has been combined care in Europe for many years with no problems, and the private companies are doing just fine with set govt rates to compete against.
There will always be people who don't mind getting better insurance for a little more.
A govt program that loses too much money will be an albatross around the parties neck and a political liabilities - the charges will be fair for govt option, and they will find ways to save money to accomplish that.
If conservatives would just stop lying about it.
- ?Lv 45 years ago
PROMO: Shelton you no good piece of $#IT! I had that journey won! That replaced into my 2d i replaced into going to win and tell all those @$$holes who don't have self belief in me to bypass to Hell! You took my 2d from me! And for that I PROMISE you, you will pay! Screwing with The crafty Canadian™ replaced right into a huge mistake! and Swagger! the thrashing I gave you in that journey until eventually that little $#it interrupted, replaced into basically slightly preview of what I’m going to do to you at Unforgiven. i visit deliver back slightly dignity to the YWSE when I Darien Dumas, a proud Canadian, grow to be the hot X-branch champion so as that finally the YWSE could have a champion who isn’t a ineffective ignorant American. finally the YWSE could have a champion who's… basically the terrific™ EDIT: Oh Swagger it relatively is relaxing to attempt and watch you string collectively a sentence. i assume it relatively isn't your fault...you have been born in a rustic the place Intelligence is in VERY short furnish. in spite of the shown fact that I, a Canadian, am of direction blessed with ideally suited intelligence. And as for you claiming to have me beat...Are you kidding me!? That B!+ch flow isn't adequate to place a toddler down for a three count quantity. i might have of direction kicked out and when I did i might have beat you down like the punk b!+ch you're!. in spite of the shown fact that i understand your tiny innovations has a no longer uncomplicated time comprehending that. Oh i'm sorry, comprehending too great a notice for you? TOO rattling undesirable! %. up a Dictionary you stupid American. As on your attempt at a play on words with the finished Tuesday project? Did your toddler brother help you write that!? I recommend i understand individuals are stupid yet COME ON! Creativity is a superb project..supply it a attempt sometime! So why do no longer you basically close your mouth with the aid of fact in a conflict of words, you may desire to on no account win so basically shop your mouth close...fairly frankly you may desire to no longer win interior the hoop the two...i assume you're basically particularly screwed are not you?...So why do no longer you basically supply up now...Refuse to resign? it relatively is superb...i'm going to close you up myself this Sunday at Unforgiven when I grow to be the hot X-branch champion and teach the international why i'm...basically the terrific™
- How do you think about the answers? You can sign in to vote the answer.
- 1 decade ago
Obamacare will take over all heatlhcare and private insurance companies will go out o business.
They are going to take money out of your paycheck, whether you have obamacare or not. Your employer will be paying into this, so why will he/she want to provide heatlh insurance to it's employees.
If for some reason, the govt. healthcare doesn't think you need a procedure, they'll deny you. You won't be able to complain.
It will be like going to the DMV for healthcare. Long lines, bad service and bad attitude.
- Anonymous1 decade ago
First answer says it all.
Yes, you can compete if you want to. If you want to collect premiums then deny care and exclude people in order to increase your profits 400% in less than ten years, then the answer is no. Too bad, so sad.
- Anonymous1 decade ago
Excellent analogy -
The fast, efficient gazelles get away and survive.
Its only those who don't have the skills required in the market of survival who don't.
Why should I care about companies who don't have the skills of survival. They should be caught by the lion.
- Anonymous1 decade ago
A public option not only lowers the cost of healthcare, it also gives healthcare to everyone. That accomplishes the two main goals right?
- Anonymous1 decade ago
It's like saying Pepsi gives Coca-Cola competition if Coca-Cola was nationalized, everyone had to pay extra taxes and we all got given a can of coke a day.
- Crown RoyalLv 71 decade ago
Oh, then you agree. The insurance companies are only for making a profit and not the welfare of the public.
Nice to see you on board.