Daily News Updates - Health Insurance News

Hazy, Risky Health Plan, Pt.5 – Not a basic right, health insurance must be born of pain.

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As previously mentioned, the effect of tax credits the will be to encourage employers to drop benefits, causing workers to shift from employer-based health insurance over to individual-risk policies from private health insurance providers. Mr. McCain justifies this approach by promoting the benefits of portability. When someone changes jobs, they can take their health insurance with them. Mr. Obama also offers this feature as an option but does not force it on people. McCain calls this “leveling the playing field” (for insurance providers and their money, but not for employees and their money).

By hurting the consumer financially, Mr. McCain claims his rationale is for the consumers to be more accountable for their own health (not because of greed). He does not belief that health insurance/care should be a "basic right" for Americans. He believes that each individual should be responsible for themselves. The fact that he evades this major issue should be very troubling to the general public. Owning up to this very simple truth would make voting decisions concerning health insurance much easier for everyone.

What are the ways in which Mr. McCain’s plan will cost consumers more? A few examples are given here. First of all, the current mainstay of our land relies on ‘shared risk.’. When people are insured in groups, as with employer-based health insurance, the premiums are lower because of the large numbers of enrollees involved in a group. Plans are much more economical because of lower overhead for the provider. Also, by averaging the whole group, the provider is prohibited from raising rates just because of the older and less healthy.

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