Sunday, October 18, 2009

The problem with fines (mandatory health insurance)

 The Washington Post notes that manufacturers of medical devices are being accused - they haven't offered "to give something back" to pay for health care insurance for all. Because they won't play the game that President Obama's been playing with the pharmaceutical industry and hospitals, their devices will be taxed like luxuries -- and the Administration will be able to say they've saved $40 Billion dollars.

Again, how much can they save by allowing Medicare docs' 21% cut to go through at the beginning of the year? (and they'll blame the Republicans for writing the original law in 1997)

Sarah Palin writes on the problem with mandatory health insurance at her Facebook page, here.

Americans want health care reform because we want affordable health care. We don’t need subsidies or a public option. We don’t need a nationalized health care industry. We need to reduce health care costs. But the Senate Finance plan will dramatically increase those costs, all the while ignoring common sense cost-saving measures like tort reform. Though a Congressional Budget Office report confirmed that reforming medical malpractice and liability laws could save as much as $54 billion over the next ten years, tort reform is nowhere to be found in the Senate Finance bill. [17]

Here’s a novel idea. Instead of working contrary to the free market, let’s embrace the free market. Instead of going to war with certain private sector companies, let’s embrace real private-sector competition and allow consumers to purchase plans across state lines. Instead of taxing the so-called “Cadillac” plans that people get through their employers, let’s give individuals who purchase their own health care the same tax benefits we currently give employer-provided health care recipients. Instead of crippling Medicare, let’s reform it by providing recipients with vouchers so that they can purchase their own coverage. 

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