The dumbing down of America continues unabated. One of the key holdups in the health care debate is “preexisting conditions.” It’s a bitter-end issue for Democrats and for way-too many Republican squishes.
They seem to think that insurers or the government should enroll and payout for people who have “preexisting conditions.”
There’s a reason that Lloyds of London, the original modern insurance company, never covered and doesn’t cover leaking ships, sinking ships or, most importantly, sunk ships. After all, why would you buy insurance ahead of time and pay for it if you really didn’t need it; if you could wait until the ship was going down or on the bottom? You could just show up at Lloyds and pay one premium and then claim the full-value of the sunk ship — i.e. receive far more than you paid in.
Obviously, losing money at a prodigious rate, the company wouldn’t last long. Nor will insurance companies nor a federal program if “preexisting” condition people are allowed to bring their costly afflictions into the pool.
The system doesn’t work, can’t work, when such actors are brought in. It only works when less is taken out than put in. It only works if most participants are healthy and remain so.
Trying to cover everyone and every cost is a prescription for failure.
Third-party payer systems the modern health care insurance system cannot succeed under such pressures. They, like socialism, will always fail.
Adding to this road to perdition is the belief of far too many people that government is god. That government can take care of everyone (or force some company to take care of people at a loss). Government, in their eyes, has infinite resources.
It doesn’t help when people like Jimmy Kimmel, who has usually been the least left-wing late night host, goes on a “We-should-spend-as-much-money-as-necessary-to-save-my-kid” rant one night. Has everyone lost the ability to think rationally? Kimmel has millions. He could afford to pay for his child’s surgery out of his own pocket. He’s free to do what Danny Thomas did and raise money for a private foundation to perform medical miracles for ill children. Instead, he decides that everyone should be paying, whether they have sick children or not.
A system built on such a mentality will absorb more and more resources until it swallows everything.