Mark Cuban is self insured therefore only knows about Obamacare whatever propaganda he's been spoon fed. Besides, he wanted to be VP for Trump, then Clinton and neither one looked in his direction. The description of growing up in a bubble by coaldigger is as good an example of his thought pattern as I've ever read.

Lucky me, I have 4 plans to choose from, one is a "Cadillac Plan" that costs 5500 a year with a 3800 deductible and no HSA. I take the no cost/3500 plan as it is least cost and I get to decide when to go to Dr. Needless to say, I prefer WebMD and self evaluation over them.

Cuban better stick to sports, he has no idea about "start up" and certainly about the poor and middle class insurance woes. He seems to have no memory, or he was not paying attention, but Obamacare is what came when Hillary failed to convince doctors that her system was doable. She did not listen, as usual, she lectured, as she went across the country. Then Obama got this plan in, but this is not what she wants. She wants a single payer, government controlled system, the way she wants to control everything about our lives. My advice to the "Jethro Bodine" of sports is, go do some reading and find out what you are talking about. By the way, if you don't have enough fingers, use your toes.

My deductible is $13,000. I've had an HSA since 2010. I max it out, invest it, and don't use it to buy medical care b/c I like to have more money tax-sheltered, and I'm sure I'll use it one day or work out a way to bequeath it.

I have the exact same experience where providers cannot tell me pricing and I get a confusing bill later saying what they wanted to charge and what the negotiated rate was. A few times I've bought service outside of a plan, and it confuses providers. I spend far less on a furnace, car repair, etc, and there's no way they could get away with this stuff. My wife and I can't do that in our legal or electronics worlds. The standard practices in medical care are completely messed up.

We are in good health, so we stayed on our underwritten plan, which was less than half the cost of a compliant non-underwritten plan, as long as possible. Now we go to the "Marketplace". I always put that in scare quotes b/c it's nothing to do with a market. I get 71 options, but they all work out to the exact same gov't-prescribed benefit levels, so there really is no choice.

I won't take up more space explaining it, but partisan histrionics surrounding PPACA aside, the program has serious flaws.

Or economics, for that matter.

Maybe Mark Cuban should re-read The Fountainhead?

Couldn't hurt.

An idiot with a billion dollars is still...an idiot.

Shut up, Mark, and go watch your team play basketball. That's about all you're good for, anyway.

Exactly, the fact they are rich is not indicative of great business sense, IMHO. Cubans statement simply indicates he has no clue about government..

Well, I work at Intel, and they are self insured. Their insurance companies merely administer it. I don't ever pay anything up front, as I have to wait until I get the insurance thing to know what needs to be paid, as I have a 3500 up front cash deductible to meet first. So I have an HSA and I do not pay anyone up front as the fess are always something different from what is billed. Even the doctor has no idea what they will get...

Sounds like the progression of the Plan...

I know this is just another bad lawyer joke, but a few decades ago I heard this one regarding the legislature of the Peoples Republic of New York.

Question: Of two bills addressing the same issue that are submitted to the NY Legislature, which one passes?
Answer: The one that generates the most revenue for lawyers.

Got that from a good lawyer friend, who was hilarious as hell after a few beers.

Yeah, RINOs who'd actually vote for Shillary (as some have admitted) to retain their fiefdoms of power will be a big help for a President Trump.

I will have to ask ;my doctor about that. He follows these issues very closely. It sounds true.

I have heard that the rules are less restrictive for foreign patients, so people who want to buy medical services outside the national system go to another country. Canadians to go US and Mexico for treatment. Now, according to what I heard, Americans may start going to Canada.

This is only something I've heard from a colleague, but it rings true because I'm finding it harder to negotiate a price outside of insurance. I think the insurance companies are pressuring providers not to do outside deals b/c the insurance companies are holding on their role. It's becoming a mess.

"I don't agree with her in all of her positions, but I think that she understands how government works enough that I can lobby against her." -- Mark Cuban

I agree with most everything he saying. I don't like the startup metaphor for PPACA. A startup typically uses a disruptive technology to bring products or services to market the previously could use them b/c they were too complicate, too expensive, not available in that area, etc. PPACA sort-of does that in providing "insurance" for people who are already sick, but it also limits the types of insurance contracts that people can make. That goes contrary to the startup metaphor. It also makes it harder (I'm not sure on the mechanics of this) for people to make deals outside of insurance. I think maybe the gov't puts pressure on insurance companies to pressure providers not only to give their customers a price break but not to give a good price to others. I suspect the reason for this is now that insurers are not pricing risk of perils (i.e. providing real insurance), they want to hold on to anything that justifies their existence. Customers seem to like the idea of turning over management of the details to these companies, but I think that's a huge problem. All that makes me not see PPACA as very startupish, if that's a word.

It is one thing to admire AR and quite another to understand what she was saying. Cuban might think that 10-289 was consistent with Rand's beliefs. Remember what Galt said in AR3, "That kind of job shouldn't exist."

One size fits nobody....................

"...has never completed his growth from adolescence to adulthood."
And he is not alone!!!!!

At first I thought that as a business man, Cuban would surely recognize the difference between a government enterprise and a private enterprise. Apparently, I was wrong. Many millionaires and billionaires got rich by having an idea that was planted in the fertile ground that was the beginning of the internet outbreak or had a new idea that simply caught on. While these people became very rich they were not experts in business by any means. There weren't many Steve Jobs among them.

Excellent point Prof.

It was a total fabrication, and just widened the pool of victims for them. You can't sue a doctor if no patients can go to him if they have no health care. So, build a crap system to allow everyone to go, and the pool of potential lawsuits rises exponentially. That may have been a prime mover behind the scheme, and it was worth of Hillary. Had all the essentials, lies, fake data, more lies, power politics, and mucho money for her and them.

Indeed, but killing it will take a huge number of troops, look at Godzilla, he never got killed, just injured. This will be the same, once they got it "in the government" we were screwed, and they knew it.

The issue is no one has ever seen it "work" other than to be an engine of 25% a year increases. But he is saying "I am rich, powerful, and brilliant. Therefore, you must listen to me and even if we have to cheat, lie and manipulate to get what we want, and you will live with, it's ok, because it is ME". BS, take you money and go away, Mr. Cuban.

WOW! Expains a lot.

"...he must spend fully half of his time practicing defensive medicine so he won't get sued..."

Yeah, I don't recall seeing or hearing of anything in the ACA that addresses the "lawyer tax" on the health care system. Oh wait, don't the trial lawyers donate tons of $$ to the DNC? Smells like another pay-for-play scheme. I know I've mentioned this elsewhere in the Gulch, but whenever I see the above all that comes to mind is John Edwards $300 haircut. That is, a blue collar worker in Atlanta coughs up a $300 per month (or more) health care premium and a fancy lawyer gets an expensive coiffure without leaving enough for the worker to buy an aspirin.