A wake up call to Congress
Obama's bold proposal, upping penalty for those who don't sign up for insurance and on companies who don't insure employees is a wake up call to congress that he is serious about achieving universal coverage which is the absolutely first and basic essential on a path to reducing overall costs. Good for him!!!
By
Mary O'Neil Mundinger
|
February 25, 2010; 11:09 AM ET
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Posted by: Carolyn22 | March 5, 2010 2:20 PM
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The evidence suggests that the revised package is an improvement over the current state of healthcare because it at least attempts to address gaps in coverage. However, the underlying problem is risk fragmentation which leads to excessive and unnecessary administration costs (approximately 31% of healthcare costs). Niether the Democratic or Republican approaches adequately address this basic issue.
Posted by: DrS1 | February 28, 2010 6:59 PM
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Help me please understand the arithmetic on this "supposed" healthcare plan. I didn't say math...I said arithmetic. Under this plan we are going to insure 30 million MORE Americans (oops...maybe illegals now that he wants to fast track immigration) AND THE COSTS GO DOWN? We are giving certain states MORE rights under this law than others...WHAT HAPPENED TO EQUAL PROTECTION UNDER THE LAW? We are going to subsidize union pensions...what does that have to do with healthcare...may I ask?? The only cut we have is...MEDICARE. We are front loading this bill giving a cost for ten years but in actuality it is for six. Arithmetic. Surely our esteemed Harvard "professor??" can add and subtract. Add more and it costs less? Oh...I get it, the government is either going to (1) run it, ouch...or (2) oversee it...ouch. Let's see, the Department of Transportion...Toyota..ouch. The Driver's License Bureau..in the red, the Post Office, in the red, Medicare, in the red, Medicaid, in the red, Social Security, in the red, Amtrack in the red. Federal budget, in the red. Get what I mean...everything is in the red...meaning it adds eventually to higher taxes or the alternative...the US becomes Greece.
So, Miss Mary...with a track record like this..you see an "underlying problem of unnecessary administration costs"...REALLY!! That is astute. The problem with your analysis is this....you need to put at least 100 in front of the 31% making it more believable at 131%...and that is even too low. Why not try...1031% and you might hit the mark.