The man who some, for reasons I’ll never understand call “The
Intellectual Leader Of The Republican Party”, was on the tube again today doing
his best to pitch the “replace” part of the “repeal and replace” he claims his
party has been preaching for the past eight years.
First off, let’s be clear: for 7.9 of those past 8 years,
the rallying cry was “repeal”, not “repeal and replace”. But now that Mr. Ryan
and his co-conspirators have control of all the levers of power, they’ve been
forced to admit that simply repealing what they call “Obamacare” would likely
lead to a real, honest-to-God revolution.
Since the election, apparently a lot of dweebs have figured
out that their health insurance, obtained at HealthCare-dot-gov, is, in fact, “Obamacare”.
And now these Trumpsters have had their “wait a minute” moment, and are
beginning the rumblings of discontent about this “repeal” business.
As usual, I digress.
Ryan’s selling as hard as he can, but anyone who’s been
around the block a few times knows that the stuff he’s peddling right now will
never fly. Their hasty attempt to put some compromise crap together isn’t
pleasing anyone except the fat cats that run the health insurance companies.
One of the big features of this new-and-improved Obamacare
is the touting of Health Savings Accounts as a huge part of their “solution”. HSA’s
for all!!! An HSA for you…and an HSA for you….and one for you.
Let me finally get to the point of this rant, which is
Health Savings Accounts.
My wife and I have used the same accounting firm for more
than twenty years. We’ve come to be friends with the man whose name is on the
door of that company. His firm has more than 700 clients. He told us that of
those 700+ clients, exactly ONE has an HSA.
That client is a multi-millionaire.
That’s all you need to know about HSA’s, folks. More stuff
for the rich folks, from Ryan and his crew.
Once again, you nailed it! Standing ovation. By the way, I enjoy when you digress. :)
ReplyDeleteThank you kindly....
DeleteRight on...Right on (doesn't mean you are on the right)...great article and agree, the HSA only makes sense if you have a lot of $$$$$....thank you and great to see this active again...Gary
ReplyDeleteThanks, Gary. I'm as independent a cuss as you'll ever come across - no labels for me!
DeleteI assume you've read the bill and this is your takeaway on its content. If you haven't read it, you must be operating under the previous administration's standard of "you must pass the bill to find out what's in the bill!"
ReplyDeleteAnd I doubt that HSAs are the mainstay of the bill. I usually look for a little deeper analysis from you.
The post refers to comments made by your pal Ryan, not to the bill itself, which apparently no one has read. I know it's risky to take what Ryan says as non-fake-news, but I did. And he was selling the hell out of those HSA's Jim.
DeleteHey, I'll tell you some interesting stories from the perspective of financial institutions after I retire and/or off-the-record. :)
ReplyDeleteThat'll be interesting.....
ReplyDelete