Daily News Updates - Health Insurance News

Right to Adequate & Affordable, Pt.6 – Obama’s healthcare cost reductions.

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As part of this health insurance/care reconstruction, Mr. Obama also plans to expand Medicaid.  As critics tried to claim credit for last year’s reduction of those without health insurance from 47 million to 45.7 million, it was later found that the reduction had actually resulted from a minor expansion of Medicaid.  Since this was shown to be so effective (as effective as Mr. McCain’s entire health insurance/care package over five years would do), it is seen as a very effective measure.

As far as Mr. O’s $2,500 a year reduction of health insurance costs for the average family, Mr. Reinhardt doesn’t doubt its plausibility.  But he does caution us that the savings projected may require some time to take effect.  The reason is that it’s based on providing health insurance where there is none now, thereby improving health for people who now delay or forego preventive treatment.  By waiting, as they are doing now, those people end up costing taxpayers and others much more money.  That money will be saved over time as those people become healthier and the treatment costs become greatly reduced.

Another great savings along this line is the reduction of ‘free-riders’.  Instead of having to visit Emergency Rooms because of no health insurance, people will have health insurance and no excuse for prevailing on ERs for non-emergencies.  This has already worked great in the Massachusetts model.  For the story behind this proven success in Massachusetts, please refer to the article series’ entitled:  “Mass. Medical Model Shines” and “Mass. Health, A Creator Explains “.

Continued…
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