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News Obama defends fiscal viability of healthcare plan

Obama defends fiscal viability of healthcare plan Obama defends fiscal viability of healthcare plan

Submitted by Lady Liberty | 9 months ago

Boston Globe - President Obama told the nation yesterday that his healthcare overhaul is financially sound and Congress should not squander the chance to make meaningful change.

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Rosetteismyname (Centrist) - 9 months ago

endorsed!

Pre-existing conditions? Experimental? aka MURDER

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ironhead (Libertarian) - 9 months ago

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Reply to EmilyR
"Any overhaul to any system, should be handled by the private sector"... Really? Health … Show full comment

The problem is not health care provision, which you are correct to point out is handled privately in the U.S. However, the problem lies with health insurance provision and its prices. The health insurance market is extremely distorted via government intervention, namely the connection between employer and health insurance.

Because virtually everyone who receives private health insurance does so through their employer, there is no competition for services. Each employer functions at a mini-oligopoly or mini-monopoly in health insurance. Americans overwhelmingly shop and price for almost all major products they purchase (including things such as education), but not health insurance.

The result is that health insurance HMO s dominate the market. They interfere with decisions made between doctors and patients; they set prices without the most important checks of all - choice within the context of competition.

Severing this connection between employer and health insurance is the first step towards making health insurance more affordable and accessible. In fact, it is far more likely that health insurance would become relegated to catastrophic coverage for most people, if there were real competition in the market. Doctors and other health providers would be forced to cater to the needs and budgets of most people, not just the distorted health insurance market, as it currently stands.

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EmilyR 9 months ago

"Any overhaul to any system, should be handled by the private sector"...

Really? Healthcare in America is handled by the private sector. Americans spend more than most on healthcare but are remarkably unhealthy.

It is time for a new model.

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Teikiatsu (Independent) - 9 months ago

Nothing the government does is fiscally sound.

Ergo,

Obama is a moron.

Corollary: Unless the Congressional discussions are for show and Obama already has a private bill to sign, the bill brought before him will not be his 'health care overhaul' he has in mind. If the bill brought before him is penned independently from Presidential influence, he cannot know what the 'overhaul' is already.

Ergo:

1) Obama is lying and has his own plan and is breaking the law or,
2) Obama is lying and even more of a moron.

Regardless, any 'overhaul' to any system should be handled by the private sector. Government cannot solve anything, it can only shuffle taxes and regulations.

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