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utopian23876 karma

Speaking as an actuary in the industry, let me beg you to reconsider this stance, instead only favoring a strong Single Payer plan.

Because of the way risk pools achieve cost savings, you will only increase costs for providers and insured's by introducing a public option. This will set America back another decade from the goal of achieving Single Payer in the same way the ACA set us back a decade while we tripled your premiums.

Instead expanding medicare coverage to all americans generates a strong single risk pool and better bargaining power for the insureds. A single shared risk pool is the only way to effectively model and mitigate coverage costs.

I say this as someone who will be put out of a job, anything but single payer is going to fail the desired outcome of lowering total cost of coverage and providing for all americans.

Instead, do your best to provide a transitional plan for the displaced workforce. The disruption you speak of is real, and you should focus on a plan which addresses the issue at it's core, but then also seeks to mitigate said disruption.

utopian23828 karma

Agreed, and the idea that a public option... which is essentially just adding another insurer... splintering the risk pools/bargaining further will somehow save us money just baffles me.

Single Payer. Say it with me everyone. Shared Risk Pool. It's real simple. #IDoTheMath

utopian23816 karma

In a free market unregulated system, how are start-ups supposed to compete with entrenched powerhouses? While I support limited governmental power I don't want to trade all of the power from the Fed to Corporations. I have no representative (As much as I may hate him) on my behalf at a Corporation. I am skeptical that my ability to vote with my wallet will affect an entrenched monopoly like Comcast, Walmart, Google, or ATT. What are your thoughts on how to transition from a monopoly into a free-market system in these situations?

With all respect, please don't give me the canned 'The Free Market will solve this in a magical christmasland scenario answer' that I get from most Libertarians when I pose this question.

utopian23810 karma

Thank you for asking these! Appreciate all of the work you put in Hallgard.

utopian2385 karma

I was challenged by my non-native English speaking friend to not use a single colloquialism for a 24hr period around her. On 6 separate occasions I have failed this bet and bought her dinner.