Daily News Updates - Health Insurance News

Obama VS McCain Health Care: Contrasts, Pt.1 – How big is the problem?

Health insurance/care is finally reaching top priority as a most important domestic issue for the nominees. While our nation’s health insurance/care system still flounders, proposals are continuing to be refined and those concerned are paying closer attention. Co-director of the Center for Economic and Policy Research, Dean Baker has done a little research himself and has posted a good article for Truth.org on the www.alternet.org web site. He points out that we live in the only wealthy country that doesn’t provide health insurance/care for all it’s peoples. The kicker of it all is that, even though we have one of the worst systems going, we still pay “more than twice as much for it than those other countries.” Could it get any worse? It could and is.

Having a mind-boggling 47 million of our citizens without health insurance/care is incomprehensible to the peoples of those other countries. Both the numbers keep rising and the costs keep rising. With these rising costs, employers continue to either pass on the added expense to their employees which they can already ill-afford or else, to drop health insurance benefits all together. Out of control medical cost increases are stressing our age-old system to the breaking point. $14 million health industry executive salaries don’t help the problem, either. With such a large percentage of these colossal expenses being picked up by the government, it’s no wonder there’s not enough to go around. So, if we must turn to our leaders for a fix, we will do well to know what they’re proposing.

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