Wednesday, November 11, 2009

Theory Post

I believe it is inevitable that some type of health care reform legislation will pass through Congress and make its way to becoming law. In order to create a bill that will appease the majority, opponents and proponents must unite and find common ground. Proponents for health care legislation are stubbornly pushing for the passage of the public option which will give the government the right to provide health insurance to those who cannot afford it or to those who were denied on pre-existing conditions. The public option will more than likely raise taxes, and of course citizens are outraged about paying more money to the government. Opponents of health care reform must stop misleading the public with myths. Many senior citizens believe that health care reform will cause them to die earlier because they will not receive adequate health care. This is simply not true.
If somehow the public option could be viewed in a positive light, then I believe the subject of health care reform would be far less controversial. Proponents and opponents must unite to create a health care reform bill that betters America’s current health care policies.

Tuesday, November 10, 2009

Funding for Health Care Reform

It’s Me Again Bloggers!
As I have said in previous blog posts I want my blog to focus on the aspect of the economy and health care reform. A valid question that many concerned citizens have dealing with health care reform is: how will this proposed plan be paid for?? Obama wants to cover nearly 50 million citizens who are currently uninsured; this could costs up to 1 trillion dollars over ten years!! So you may be asking yourself, WHERE IN THE WORLD ARE WE SUPPOSED TO GET ALL THAT MONEY?? This is a common question to those who are keeping up with health care reform. Both of the plans that have recently passed in Congress in both the Senate and the House consist of raising certain taxes to cover the costs of the health reform bill. The plan passed in Senate calls for a “tax on high-value health insurance plans”. While the plan passed in the House calls for a “high-income surtax”. Many people feel as though we should not raise taxes in order to include a public option in the health reform bill. I, on the other hand, believe that the public option is a great way to get health care to those who simply can’t afford, and I believe that raising or creating new taxes to cover this option wouldn’t be so bad.
http://thehill.com/blogs/congress-blog/healthcare/65917-health-care-reform-plans-funded-by-new-major-tax-medicare-spending-cuts

Opponents of Health Care Reform

Hello Bloggers!
My blog has dealt with health care reform and as you all can probably tell, I am all for Health Care Reform. But to create a fair argument I must present the other side of the debate. Many conservatives and liberals are against the idea of Health Care Reform, especially the “public option” section that ties in with it. They feel that health care reform is giving the government too much power, and giving the government the right to run too many aspects in citizen’s lives. They believe that the more the government has a right to control health care, the worse health care will become. Opponents feel that those without insurance can still receive all the help they need through emergency room visits. They also make a valid point exclaiming that the taxes would rise due to health care reform because of the public option. They argue that this would affect the people who are currently without health insurance now. Opponents say that raising the taxes to pay for the public option would press those who can’t afford health insurance now, and if those citizens can not currently afford health insurance, then what will guarantee that they will be able to afford an increase in taxes. I believe that the opponents on health care reform make some valid points in their argument, but I also believe that they are not contributing any alternatives to the problem at hand. It seems that they would like for America to continue on its path of poor health care.
https://alum.mit.edu/discuss/thread.jspa?threadID=821&tstart=0

Public Option

Welcome Back Bloggers!
I have noticed that the recent debate over health care reform has been confusing for many. There are numerous terms in it that confuse the general public. One term in particular that many people are hearing, but aren’t completely sure what it means is the “public option”. This term has been tossed around loosely over the last couple of months and it has been also stirring up major controversy in the debate over health care reform. But what exactly is the “public option” and why is it relevant to the debate over health care reform? The public option plan is a plan that would be modeled after the current Medicaid program. It would offer health insurance to those who cannot afford it, or those who are denied coverage due to “pre-existing” conditions. It would be made available through a new insurance purchasing plan. Proponents of the public option in the health care bill believe that it is a necessity. They believe it will serve as a backup plan for those who do not have secure health care benefits; it will be a benchmark for private insurance companies; and it will eventually lower the costs of medical procedures. The public option has been controversial in the debate over health care reform. Critics of this plan believe that the plan is not necessary and will cost too much money to cover.
Now that you are a little more informed about the public option please feel free to leave your comments on how you believe the option will affect the health care reform bill.
http://www.pbs.org/newshour/bb/health/july-dec09/health_09-01.html

Who pays for the uninsured?

Hi Bloggers!!
You all know that my blog has been discussing the current health care reform bill that is now at a stake in our country. After doing my analysis blog, I decided that I would like for my blogs to focus more on the economic impact that health care has. My earlier blogs discussed how so many Americans are currently uninsured and they find it very difficult to seek medical attention. But what happens when the uninsured is in dire need of medical help, and the desperately have to seek help from the emergency room. A hospital cannot turn a patient down, insured or uninsured; the hospital must give care to patients who are in critical health. When uninsured patients are facing life or death situations they go to emergency rooms, and who ends up paying their bill? If you guessed tax payers or other insured patients then you guessed right. Medical bills must be paid and if they are not paid by the patient, then the money has to come from somewhere. The majority of the time that “somewhere” is from increased costs of those who do have insurance and can afford to pay, or those who pay taxes. With the reform bill that President Obama is seeking to pass health insurance would be an option to all citizens and those without it would gain easy access to doctors that they currently are without. The reform bill would relieve some of the burdens placed on low income families and allow them to live the “healthy” life that they deserve.

Analysis Post Updated

Hello Bloggers,
As you all know the topic of my blog has been about the debate over the reform of health care. I personally believe that health care reform should be passed because there are an abundant amount of flaws in our current system. This blog will more specifically analyze the effect that health care has on our economy, and if changing our current health care policy will, indeed, lessen the burden of our current economic crisis.
President Obama has repeatedly stated that passing health care reform will relieve some of the tension that is present in our economic situation. He has been known to refer to our health care system as a “ticking time bomb”. Some critics of the proposed health care bill are afraid that reforms will lead to unknown costs, and that taxes will abnormally increase. Health care accounts for about one-sixth of the economy, that’s more than any other industry. The United States spends about 25 trillion dollars annually on health care alone. The money the United States spends on health care is used for a plethora of hosts including: health care providers, retail sale of prescription and non-prescription drugs, and out-of-pocket payments by consumers. If the health care system was fixed it would reduce the amount of wasteful spending. About 30% of tax payer money is wasted on health care. Health care costs are continuing to rise. Since 2000 the cost of health care has doubled! By fixing the health care system, we would definitely fix the economy. Tax payer money is already used on health care and we repeatedly see that our money is being wasted, so it’s time to try a new approach and implement a plan that could “kill two birds”: health care, and our economy. Many people can agree on the fact that “doing nothing is definitely worse than doing something”.
The economic crisis involving health care has a lot to do with insurance companies. The cost of health insurance has risen dramatically over the last few years, and it’s apparent that health insurance companies are simply in business for money and not the better the lives of those whom they insure. Health insurance is the fastest growing cost component for employers. Many employers are ceasing to offer health insurance to employees because they cannot afford the pay for the costs of insurance; thus, leaving the employees uninsured. When uninsured patients go the doctor or emergency room, tax -payers end up paying for their visit. With the proposed health care bill it would be mandatory for employers to provide some type of health insurance to full-time workers. If more employers were offering health insurance to their employees, then the cost of health insurance would decrease. The outrageous price for health insurance has caused many people to file for bankruptcy. A recent study conducted by Harvard University researchers showed that fifty percent of those who filed for bankruptcy did so due to medical expenses. Studies conducted such as the one done by Harvard University, consistently shows that there is a glitch in our current health care system. Medical bills are far too expensive, even with insurance, and many people without insurance can’t even afford to seek help from a doctor.
So many people are wondering the same question. How will implementing a new Health Care Bill positively affect our economic crisis? The health care reform bill will help out our economic situation in numerous ways. First, as I stated previously, adopting a new health care bill will allow us to cut out unnecessary spending. Millions and millions of dollars are wasted each year due to inadequate spending. The health care reform bill will help to reduce wasteful spending because it will accurately record where the money for health care is being used. It will also reduce the amount of money that tax payers are paying to cover those who don’t have health insurance. With the current health care system, every time someone without health insurance visits the doctor, tax payers eventually end up paying for the non-insured. With the new health care bill there will be a “public option” which will allow everyone to choose if they would like to have health insurance that is ultimately ran by the government. Critics of the health care reform bill say that the bill will cause taxes to rise, and tax payers will be essentially paying for others to seek medical attention. While that concept is true, somewhat, it would be no different than what is being done now. Tax payers already help fund Medicaid and Medicare, so why not help those without insurance also get the help they deserve?
There are many issues to be worked out with the Health Care Reform Bill, but overall I think that it would be in our best interest to pass the Bill. We would reduce wasteful spending, and overall help our economy escape its current burdens.

Analysis Post

Hello Bloggers,
As you all know the topic of my blog has been about the debate over the reform of healthcare. I personally believe that health care reform should be passed because there are an abundant amount of flaws in our current system. This blog will more specifically analyze the effect that healthcare has on our economy, and if changing our current health care policy will, indeed, lessen the burden of our current economic crisis.
President Obama has repeatedly stated that passing health care reform will relieve some of the tension that is present in our economic situation. He has been known to refer to our health care system as a “ticking time bomb”. Some critics of the proposed health care bill are afraid that reforms will lead to unknown costs, and that taxes will abnormally increase. Health care accounts for about one-sixth of the economy, that’s more than any other industry. The United States spends about 25 trillion dollars annually on health care alone. The money the United States spends on health care is used for a plethora of hosts including: health care providers, retail sale of prescription and non-prescription drugs, and out-of-pocket payments by consumers. If the health care system was fixed it would reduce the amount of wasteful spending. About 30% of tax payer money is wasted on health care. Health care costs are continuing to rise. Since 2000 the cost of health care has doubled! By fixing the health care system, we would definitely fix the economy. Tax payer money is already used on health care and we repeatedly see that our money is being wasted, so it’s time to try a new approach and implement a plan that could “kill two birds”: health care, and our economy. Many people can agree on the fact that “doing nothing is definitely worse than doing something”.
The economic crisis involving health care has a lot to do with insurance companies. The cost of health insurance has risen dramatically over the last few years, and it’s apparent that health insurance companies are simply in business for money and not the better the lives of those whom they insure. Health insurance is the fastest growing cost component for employers. Many employers are ceasing to offer health insurance to employees because they cannot afford the pay for the costs of insurance; thus, leaving the employees uninsured. When uninsured patients go the doctor or emergency room, tax -payers end up paying for their visit. With the proposed health care bill it would be mandatory for employers to provide some type of health insurance to full-time workers. If more employers were offering health insurance to their employees, then the cost of health insurance would decrease. The outrageous price for health insurance has caused many people to file for bankruptcy. A recent study conducted by Harvard University researchers showed that fifty percent of those who filed for bankruptcy did so due to medical expenses. Studies conducted such as the one done by Harvard University, consistently shows that there is a glitch in our current health care system. Medical bills are far too expensive, even with insurance, and many people without insurance can’t even afford to seek help from a doctor.
So many people are wondering the same question. How will implementing a new Health Care Bill positively affect our economic crisis? The health care reform bill will help out our economic situation in numerous ways. First, as I stated previously, adopting a new health care bill will allow us to cut out unnecessary spending. Millions and millions of dollars are wasted each year due to inadequate spending. The health care reform bill will help to reduce wasteful spending because it will accurately record where the money for health care is being used. It will also reduce the amount of money that tax payers are paying to cover those who don’t have health insurance. With the current health care system, every time someone without health insurance visits the doctor, tax payers eventually end up paying for the non-insured. With the new health care bill there will be a “public option” which will allow everyone to choose if they would like to have health insurance that is ultimately ran by the government. Critics of the health care reform bill say that the bill will cause taxes to rise, and tax payers will be essentially paying for others to seek medical attention. While that concept is true, somewhat, it would be no different than what is being done now. Tax payers already help fund Medicaid and Medicare, so why not help those without insurance also get the help they deserve?
There are many issues to be worked out with the Health Care Reform Bill, but overall I think that it would be in our best interest to pass the Bill. We would reduce wasteful spending, and overall help our economy escape its current burdens.