Letter to the Editor

Unaffordable care

San Luis ObispoNovember 6, 2013 

A recent letter from an insurance veteran expressed umbrage at the “scare tactics, the half-truths and the innuendos from the opponents of Obamacare.” I would submit that if he had sold insurance with terms as provided by the “Unaffordable Care Act,” his company would have gone bankrupt.

Insurance, by definition, is a contract in which one party indemnifies another against loss from a specified contingency. At best, what we have had in the post-WWII era is a first-dollar service contract with insurance attached (a sad result of excessive union contracts). A co-payment for a routine physical is not insurance; it is a service contract — like paying for tune-up coverage for a car. Health insurance would be true insurance if it were focused only on high-dollar medical contingencies, like heart bypass surgery. If an “insured” can sign up for coverage after a contingency becomes reality, what you have is socialized medicine.

In reality, the “Unaffordable Care Act” is nothing more than another means to extract money from taxpayers for redistribution to potential voters. Simply stated, it is another way for government to further control our lives and hasten our march towards national bankruptcy.

The Tribune is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service