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Daily News Updates - Health Insurance News

Tide of Health Care, Pt.2 – What can we expect, and when?

Previous…

During his campaign, Mr. O often emphasized his commitment to health insurance/care by describing the ordeal his mother went through, battling with ovarian cancer. All this was shared to illustrate the pressing need to change the current health insurance/care system. Her final days, he explained, were spent battling with bureaucrats with the health insurance companies. They were unwilling to pay for her cancer treatments. He could directly sympathize with the millions of Americans who daily have “to see a loved one suffer, not just because they are sick, but because of a broken health [insurance/]care system," in his words. This was a story he repeated, not only at last week’s rally, but also numerous times at his campaign stops before that.

So now, he plans to extend health insurance/care coverage by expanding both the existing private and the public health insurance/care programs. He plans to do this by providing both federal subsidies and mandates.

He touts the benefits of his reform strategy boldly and repeatedly states that his reforms will lower the average family's health insurance premiums by about $2,500 a year.

This would largely be accomplished by his cost-cutting measures and by the increased competition fostered by the creation of a large national public health insurance entity. This will not happen over night, of course.

Some of these conditions can only be realized over time, while others are so monumental, they will take time to build. But they have all been calculated out and many have been pre-tested in the Masssachusetts universal health insurance model.

Continued…
November News...

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