Daily News Updates - Health Insurance News

Right to Adequate & Affordable, Pt.5 – Offering new while revitalizing old.

Previous...

Mr. O’s new public health insurance isn’t meant to take anything else away, however.  All the existing avenues that still work will be encouraged and revitalized.  Employer-based health insurance, for example is getting a new face-lift.  Through the last few years of neglect by the government, this system is finally starting to fail.  No one has been tending it and it’s about to fall apart.  Mr. Bush allowed corporate greed to jack both health care and health insurance costs through the roof.  Employers were caught in the middle.  Their portion of the health insurance benefits are so high, they can’t make ends meet.  The cost is so prohibitive, they’re afraid to hire new help.

There goes the economy again.  More job loss because of the health insurance/care crisis.  Now it’s so bad that employers are having to drop offering health insurance benefits to new hires.  The trend is accelerating at an alarming rate.  Mr. O is stepping in to relieve some of the biggest problems for employers by taking on the expense of very expensive treatments.  In kind, he is also asking employers to step up and do their part.

After giving some financial relief to these employers, Mr. O is asking them in turn to help out with our nation’s crisis.  Those employers who still elect not to offer health insurance benefits to their employees will be required to pay into a fund so that these employees can get coverage elsewhere

Continued…
October News...