Wednesday, September 16, 2009

Senate's 10-year health fix would cost US $856B

Sen. Max Baucus on Wednesday brought out the much-awaited Finance Committee version of an American health-system remake — a landmark $856 billion, 10-year measure that starts a rough ride through Congress without visible Republican backing. http://www.realclearpolitics.com/news/ap/politics/2009/Sep/16/senate_s_10_year_health_fix_would_cost_us__856b.html

Health care cost is rising at an alarming rate, but unfortunately this plan really does nothing to reduce the cost of health care in this country. The cost like most health care options is to reduce the cost of health care but it uses over optimistic projections on funding for health care reform. How many times in the past have cost estimates proved correct! This plan goes against what the President had wanted by adding to the deficit, and not reducing costs. The other problem it makes no provision or changes to medical malpractice laws that our crippling the health care industry. In a previous post one needs to look at a health care reform that was proposed by CEO of Whole Foods as a starting off point. We can’t make assumptions on the cost then prove we were wrong; as we will pay in the long run.

No comments:

Post a Comment