Daily News Updates - Health Insurance News

The Real Problem With Covering the ‘Uninsured’, Pt.2 – The key to the puzzle.

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Henry Aaron has posted a well-researched article on the healthaffairs.org/blog website in which he brings out the best analysis of what this means. He presents that fact that, whether it’s $122.6 billion or $130 billion to provide health insurance/care for all of the uninsured, becomes a moot point when considering that these figures only amount to difference between the total amount we’re paying right now in health insurance/care and the rising amount we’ll be paying 16 months from now for the same thing. The entire expense required is already being spent by our current system, but with no benefit to the public. So paying the entire amount required, starting now, wouldn’t even cost us a dime. In the scheme of things, this figure is actually very small. Only around 0.85% of our nation’s GDP. So, the real quandary is, if it’s so inexpensive, how can something so important as providing health insurance/care for so many millions be so much trouble?

It seems like it should be so easy. The real reason, however, happens to be one of those problems we don’t want to talk about. Who really gets the money? It’s all based on who’s gonna benefit the most. To certain influential groups, the ‘means justifies the end’ and if the means isn’t financially gratifying, the end will not be accomplished. The prime concern to those who are not concerned with the end are frightened by the thought of ‘restructure’ which may erode their current stronghold on the current health insurance/care system. The large inefficiencies that are built into our current health insurance/care system are where they scrape off their cream.

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