“As the health care debate heats up, the American Medical Association is letting Congress know that it will oppose creation of a government-sponsored insurance plan, which President Obama and many other Democrats see as an essential element of legislation to remake the health care system.”
Our system isn’t perfect, but it seems to work better than most and helps spur innovation. If cost and availability are the main concerns then I suggest reducing government intervention in the health care industry. Free markets help lower costs and increase availability of supply as where government meddling and price controls have only ever decreased supply while doing nothing to lower costs.
Take the mobile phone for example. Free markets have taken the mobile phone from a bulky, expensive, and featureless toy for the very rich and made it ubiquitous, inexpensive, and feature packed. Heck, phones are even available in grocery stores for $10.
Update: Well, that didn't last long. AMA endorses House Democrats' health care bill
Read the bill for yourself and decide if it will clobber private insurance or not. It seems clear to me that it will. Heck, Sec.111 alone should be enough incentive for most insurance companies to simply drop health insurance altogether. If buying insurance would cost me more per year than paying the fine for not having it, why bother. They can't turn folks away if they get sick so why bother.
This is a very bad idea.
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