Wednesday, April 15, 2009

What will happen with the new Administration's "Healthcare Reform" plans? Will we get Obamacare? Will the government take over healthcare just like banking? Regardless of which side of the isle you are on politically (I will take a middle stance here) a single-payer, or Government run plan would be a disaster for America, Obama, and generations to come unfortunately.

In listening to arguements from both Democrats and Republicans it seems with folks a bit more on the middle of the spectrum rather than "strong" one side, agree that we need a private system in some way, shape or form.

We do not want a system in the US where waiting lists for hip replacement surgery are 8-9 months....it is that way in many socialized systems. Also the level of care we have been spoiled with in the US, is because the best and brightest physicians and research scientists flee other areas to practice in the US.

Do we want sub-par, but affordable care? That may be the only resolve with a Government program.

4 comments:

  1. Hey Chris!
    Any thoughts on how the individual market may be affected by your so-called "Obama Care" assertion? Thanks again for taking the guess work out of the whole "health insurance process".

    Best,
    Dirk

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  2. Dirk -

    Thanks for taking time to ask good questions. The low end of the individual market is what we see as perhaps affected by an Obama-led socialized system. Perhaps the government will provide a tax assessed catastrophic benefit, through a single payer system that we will ALL be charged in the form of a tax. That could say have a $10,000 deductible but then pay 100% of charges thereafter. This could be a plan for hospital-related events provided by the "single payer" sponsor, such as a Wellpoint Blue Cross network, or United Healthcare...they are the 2 largest plans in the US, but this would just be for uninsured folks to protect a catastrophic event that under normal circumstances would result in bankruptcy...

    As such, the IFP or individual market, would lose the ability to sell the low-premium, network only high-deductible plans as the government would step in there.

    Taking those folks and claims out of the general market would perhaps give IFP carriers and small group carriers the ability to get a bit more lax with medical underwriting and affordable plans for both single, family and small businesses.

    I hope this helps a bit with some more insight?

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  3. Chris,
    Thats great and all, but you fail to consider an important possibility...or perhaps, an impossibilty! That is, how can lower income individuals even begin to cough up a high ded. should the worst occur??? this question keeps me up at night!!!! (so does my wife's snoring, hahahahahah). a 10,000 ded plan subsidized by big government is 'great' in theory, but provides little protection for those seeking comprehensive health benefits! is our health insurance lacking, or are we lacking as a society?? i ask you this Chris.. thanks. website looks great.


    -Dirk

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  4. Hi Chris, This has been very informative, Look forward to visiting frequently to keep updated.

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