Senator Sets Agressive Schedule for Health Care Reform
Sen. Max Baucus, the chairman of the Senate Finance Committee, has set forth an agressive schedule for pushing through with health care reform. He is aiming to have a bill ready for review by early this summer. He and fellow Senator Tom Kennedy, who is suffering from brain cancer, are expected to be the front runners in writing and passing health care related legislation in the coming year. Baucus has been talking with Kennedy about possible moves and is expected to meet with him in the next week. Baucus has been quoted as saying that all possibilities need to be considered, and while Kennedy is a long standing proponent of universal health care, Baucus feels that this may not be right for our country, which is based on entrepreneurism. He feels that the answer will most likely come not from a single payer government run system, but rather from a blending of the public and private insurance sectors. What do you think is the right answer?
March 4th, 2009 at 1:02 pm
I think a blend is the answer to the health care problem. In my opinion, if the governemnt get involved it should be in a limited capacity to help the private sector, not replace it. I could see the government taking a roll similar to the roll they take in the mortgage arena by underwriting the private carriers to reduce the risk to them. Let the government take on the roll or re-insurer instead of a primary insurer.
March 4th, 2009 at 2:34 pm
I agree with Brian. Subsidize private insurers to take clients with pre-existing conditions (there needs to be sufficient data to regulate the level of subsidy based on the specific condition) who would otherwise be declined. Have an income test for subsidizing with verification (This is a tough one as many don’t report cash income, etc). Make sure subsidies are for “true” major medical insurance policies that include a strong preventative care component. I think this approach would allow the current health care insurers to expand coverage to all while we (the insured public) still get a competative marketplace
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