The Republicans have been talking about repealing and replacing Obama for seven years now, but still have not gotten the job done. After it was announced on Monday night that there would not enough support in the Senate to pass a new healthcare bill anytime soon, people on both sides of the political aisle started playing the blame game. According to Liz Claman, nobody is paying attention to the real culprit responsible for our country's healthcare disaster: insurance companies.
On Tuesday during The Tom Shillue Show, Fox Business Network anchor Liz Claman joined Tom to discuss the current healthcare situation. She pointed out that the health insurance companies are making money hand over fist, but nobody is noticing. Even before Obamacare was passed, these companies were making a lot of money. The stocks of the major health insurance companies like Aetna and Unitedhealthcare have jumped ever since Obamacare came into existence. As Liz put it, no matter what, they are the house in a casino. They always win.
Tom and Liz discussed how many people cannot afford high premiums of health insurance. As a result, they wait until their worst possible health moment to go to a hospital and get treated. The people who pay insurance premium are then stuck paying the cost of these peoples' hospital bills. Because of this, Liz said that something's got to give.
Liz talked about the contrast between how we treat health insurance to how we treat home insurance. She said that you don't buy home insurance as your house is burning down. This would not be allowed.
The bottom line is that the health insurance debate needs to be figured out somehow. Obamacare was imperfect, but as of right now, there is not a good plan in place to fix it.
To hear Tom's conversation with Liz, click the link below.