Federal Government Outlaws Gravity (And Economics).

http://www.miamiherald.com/2010/04/01/1559526/will-all-with-preexisting-ills.html
Will all with preexisting ills be covered under healthcare reform?

Under the new national healthcare law, uninsured Americans with preexisting conditions should soon be able to buy insurance. Critics warn the program could run out of money.

Of course the program will run out of money. Whether it runs out of money in the first day or the first week or first month doesn't make much difference. The program will run out of money. Everybody except a tree stump or a politician should be able to understand this. Let me try to explain it in a way that everyone (and maybe even a politician) can understand.

The new Health Care Deform plan says that people with preexisting conditions can not be denied health insurance. So lets say that an individual who has medical bills totaling $100,000 can buy insurance for $1,000 per month. At the end of the first year, the patient has paid $12,000 for his insurance. The insurance company has paid $100,000 in medical bills. That leaves the insurance company paying out $88,000 more than it collects.

What happens to you when you spend more than you have?

The end result, no money to pay medical profession, medical profession goes bankrupt and closes, thus no health care for anyone. The socialist dream, everyone has the same health care (none).

Is this the only possible solution to the spiraling costs of health care?

No. It is the only result that government is capable of implementing.

The government can try to make up the difference. But where is the extra money going to come from? If you are the federal government, you have a few different choices. Your first choice is to steal (tax) from the slaves citizens. Other alternatives include, you simply print more money (counterfeiting) and hope that nobody notices that you are destroying the economy (inflation) by doing this. You can also issue bonds (if anyone is willing to buy them) and pretend that some time in the future you will be able to pay back the bonds. But if you are the government, your favorite choice is always stealing (taxing) from the slaves citizens.

The end result is that the government takes from the many to pay for the few. If you know that you are not allowed to keep what you work for, and you know that if you don't work at all you needs will be met by the government, then why would you work? This includes people deciding that it is not worth the effort to become health are professionals. Which means too many people wanting services that too few people are able to provide. This is why socialism always ends up being share the poverty rather than share the wealth. Which in the long run ends up being the socialist dream, everyone has the same health care (none).

One of the things the government can do is take over the insurance companies. The government can then issue orders on what it will pay for particular procedures. Since that doesn't actually affect the cost of the procedures, the government forces the health care industry to accept less money than it costs to perform the medical procedures.

The end result, not enough money to cover the costs of the medical profession, medical profession goes bankrupt and closes, thus no health care for anyone. The socialist dream, everyone has the same health care (none).

There are solutions that could reduce the cost of health care for everyone, but the lobbyists for the special interest groups will never allow real reform to take place.