Power of Story Send a Tweet        
- Advertisement -

Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 2 (2 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   4 comments
OpEdNews Op Eds

"Deficit Neutral" Health Care Reform

By   Follow Me on Twitter     Message Michael Collins       (Page 1 of 2 pages)     Permalink

Related Topic(s): ; ; ; ; ; ; ; ; , Add Tags  Add to My Group(s)

Must Read 2   News 1   Valuable 1  
View Ratings | Rate It

opednews.com Headlined to H2 10/12/09

Author 3863
Become a Fan
  (124 fans)
- Advertisement -

Absurdity upon Absurdity

Michael Collins

The health care debate and general political climate compound absurdity upon absurdity.

- Advertisement -

First we're told that our health care is only worth the time and effort if the remedy has no negative impact on the budget. No deficits allowed. The deficit risk defines your chances for health and longevity.

At the same time, we see that Wall Street failures and the overseas war effort are not held to the same standard on deficits spending.

The federal government has committed $23 trillion dollars to prop up Wall Street's failed financial institutions. That's a fantasy figure and clearly deficit-friendly since it's twice the 2008 Gross Domestic Product of the United States.

- Advertisement -

On Tuesday of this week a smaller amount was offered up for the 2010 expenditures on the Iraq war and the expanded efforts in Afghanistan. The $128 billion was approved without a Congressional Budget Office analysis (note the absence of a link for "CBO Cost Estimates"). Since we're already over budget for 2010, this is also in the deficit column.

It's all right to run huge deficits to bailout Wall Street crooks and to wage deadly wars but it's not all right to even think about a deficit when it comes to preserving the health and lives of citizens.

The second absurdity concerns priorities. A rational approach to national policy would place citizen health care well above both Wall Street welfare and endless wars on any list of priorities. But that wouldn't do much good with the current legislative approach.

A political victory amounts to a loss for the public. Why?

The current legislation delays help for the uninsured for years. It limits the "public option" to those without health insurance. It does little or nothing to contain rising health care costs for in the near term. And it ignores prescription medication -- a major factor in out-of-control costs.

If you are insured now, you will get the pre-existing conditions exclusion lifted from future policies and some other benefits like moving your plan from one employer to another, etc. If you're self employed or a small business owner paying insurance directly to the tune of $1,200 to $1,400 a month per employee, there are no built-in cost control measures. If you're among the 54% of U.S. employees working for an employer that pays your health costs (self funded health insurance), using the Blue Crosses of the world to simply administer the plan, the savings you have now are, for the most part, what you will have after the "reforms" on the table.

- Advertisement -

Why? Because there are no cost controls for the underlying service, health care, and profit-driven insurance fees.

The cost saving elements of the bill from electronic records etc. are not going to appear in the next two years, if ever.

Current polling shows that 65% of citizens support "the government offering everyone a government health insurance plan like Medicare." The 10% to 40% that private insurers take out of the system for overhead and profits compares to less than 5% administrative costs for Medicare. By shifting health care costs away from employers to the government as single payer (in line with the rest of the industrialized world), U.S. businesses and workers could compete more effectively at home and abroad. After ten years, we might actually get some new jobs and higher incomes.

Next Page  1  |  2

 

- Advertisement -

Must Read 2   News 1   Valuable 1  
View Ratings | Rate It

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Ukraine President Once Agent for U.S. State Department

Worst President Ever - Barack H. Obama

It's official! You're on your own

Rigged Elections for Romney?

Real Unemployment at 23% - Dampening the Excitement

Humiliation And Death As A Tool Of National Policy