Daily News Updates - Health Insurance News

Next President’s Health Insurance, Pt.1 – Don’t expect sweeping changes anytime soon.

With the polls closing in just a few hours, only one of two starkly different health insurance/care philosophies will reign in the White House. Surprisingly, however, radical change is not expected any time soon. The reason – the lending industry meltdown. Other priorities have eclipsed the already critical issues that have upset the Americans population to unprecedented levels. By necessity, both candidates have proposed radical reform to our collapsing health insurance/care system. But they both require resources from that have just been sucked dry. So any radical health insurance/care reform will have to be incremental, at best.

The biggest problem is common to both candidates – that of government subsidies to expand health insurance affordability and availability to cover more Americans. One area that can go forward and supported by both candidates is cost reduction in the form of efficiency and effectiveness. These changes would cover things like improved health information systems to deliver better treatment management, especially in the area of costly patients. Substantial evidence indicates there is much room for improvement and savings are to be gained. These, however will not impact health insurance/care reform any time soon.

The downsides, however , are that the savings are time away and would require subsidies to be financed from higher taxes to cover these substantial new investments. Other initiatives include metrics on performance being tied to reimbursement. But, again, even though these have been aggressively presented by both campaigns, they may prove to be long on promises and short on implementation. Even combined, these changes will do little to resolve the health insurance/care crisis, but they’ll help a little.

Continued…
November News...