Daily News Updates - Health Insurance News

Hazy, Risky Health Plan, Pt.2 – The “Entertainer”

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Mr. Harkey brings out the revelation that so few still understand. That is, the core emphasis of Mr. McCain’s health insurance plan is deregulation. As Mr. Harkey states, there are three basic tenets to Mr. McCain’s health insurance/care proposal. Two of these are centered around more deregulation. Note that deregulation almost always takes income and spending ability away from 95% of our population and concentrates it into stored up coffers of the small but elite hoarders who just build ‘bigger barns’ to store it all. This is a prime Republican philosophy and has resulted in our economic collapse, because consumer confidence couldn’t survive without credit. Neither can the health of our nation survive deregulated health insurance any better.

So one of the three tenets of Mr. McCain’s health insurance/care proposal, as Mr. Harkey explains, is to squelch "the federal regulation in the group market, leaving states as the primary regulatory authority for group and non-group plans.” Please note that Mr. McCain’s deregulation tendencys are shrewdly vague and can only be derived by the overall-all direction. Therefore, there is no denial that Mr. McCain’s plan will drastically reduce (or even eliminate) employer-based health insurance.

The effect is not vague at all, but does require the attention to look more closely. By moving millions of American workers “down to the level of the non-group market”, they will also be moved into the state-level regulation arena. Employer-based health insurance plans are more self-regulating because they are controlled at the group level. This all goes away at the individual level, which is the private individual-based market McCain is targeting. Mr. McCain cleverly calls this “leveling the playing field.”

Continued…
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