Health Insurance

Medical health insurance companies are the key to fixing ObamaCare

There's plenty wrong with ObamaCare, and I have written frequently about it.

But using the Trump administration taking a look at it with fresh eyes, let's point out the largest problem and also the easiest way to repair it.

The law has done zero to increase the quality of the country's health care. In fact, in many cases, things have gotten worse for individuals who had medical health insurance.

And therein lies the issue: the health insurance providers.

For starters, let's all understand that medical health insurance information mill clerical paper-pushers. They never examine a patient or find a new medicine to deal with illness. They don't perform lifesaving surgery.

They merely collect your premium – typically ahead of time, mind you – then, once they want, they reimburse a doctor, hospital or pharmacist a reduced rate that they dictate.

And they have benefited. The country's three largest health-care firms felt pain free from ObamaCare.

The largest US insurance company, United Healthcare, has witnessed its stock move from $19.65 in February 2009 to its current $162.41, a 726 percent increase. Anthem Healthcare, at No. 2, has witnessed its stock go from $33.92 to $144.35 over the same time period for any remarkable 325 percent gain. Aetna, the country's third-largest insurer, went from $23.87 to $124.26 for a 421 percent gain since February 2009.

And for this, the elderly have even needed to learn how to use “pick lines” to provide themselves intravenous antibiotic injections to avoid life-threatening infections after heart valve replacement surgery.

I watched my two late-70s parents struggle with this for 6 weeks, having a nurse coming to their home only once per week – plus they had “good” insurance.

Fortunately, there is a cancer nurse in the family who taught a talented, steady-handed 13-year-old granddaughter how you can do this on their behalf.

This isn't medicine, this is socialized corruption at its worst.

It's time for the ultimate chapter to be written on ObamaCare.