Daily News Updates - Health Insurance News

Tide of Health Care, Pt.1 – Now what?

Better days are ahead for health insurance. The only question is…how far ahead? We all know this crisis didn’t happen overnight, but we wish it would go away over night. Now that we have a clean slate, let’s assess what we do have. We have a commitment of adequate and affordable health insurance available to all Americans. We have a commitment to sweeping health insurance reform. We have a President-Elect who will not be inaugurated till January 20.

While Mr. O is already busy on all these health insurance issues after winning office yesterday (maybe?), experts are also sizing up the situation. They say that some health insurance changes may be coming soon, but the big one’s are down the road. The biggest road blocks at first are certainly related to the economy and the melt-down. Not exactly a cakewalk for a new incumbent.

One of the most respected expert organizations on health insurance is the New York-based Commonwealth Fund. Their president, Karen Davis offered some insight. She confesses not to be on the inside track, but that she expects that, with the troubled climate our country is in, Mr. O would probably work in phases. These would progress over time.

Thomas Buckmueller, PhD and health economist with the University of Michigan confers with this, suggesting that reform will be slow. He is not extremely optimistic about there being major reform but, as he says, “this seems to be the best chance we have had in a long time." It is commonly expected that Congress will also be heavily involved. As it stands, the Congress has already been very active in creating their own health insurance structure for about a year now to retrofit into the plan of whoever would be elected next.

Continued…
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