Health and financial security

December 18, 2009
Category: Uncategorized

Health and financial security
According to an editorial published on the Op-Ed page of the Wall Street Journal Dec. 5, 2009: “The reality is that all health-care costs are ultimately borne by consumers, whether through more expensive premiums, lower wages or higher taxes”.
The editorial stresses that the Democrats’ plan to reform healthcare “can’t change the laws of economics.” A Blue Cross Blue Shield Association study found that the Obama administration’s plan to reform healthcare will result in health insurance premiums’ rising on average by 54 percent, but the media seem to have ignored the fact that it is we, the consumers, who will ultimately bear the cost of healthcare. An average increase of 54 percent in health insurance premiums affects the financial security of every American, already mired in a time of unemployment, rising taxes and a wobbly dollar.
Consider this: Congress and the Senate have declined to be covered under the same system contemplated for ordinary U.S. consumers. What’s wrong with this picture?

5 responses to “Health and financial security”

  1. silversurfer says:

    I am already aware of numerous Americans who participate in what is known as “medical vacations”. Simply put, they head over to India or Israel or Phillipines or elsewhere for surgical procedures to be done at a fraction of the cost of what it is here in the states.
    Now, down the road a few years, as the doctor shortage inevitably takes hold, rationing is imposed, and longer waiting periods are established, the “medical vacations” will just become more prominent in U.S. culture for those who have the resources to do so! Even with the airfare and hotel costs, the entire trek including medical procedure will still be thousands less than here and the patient will not have to wait for rationed care. I, myself, have discovered plans for new hospitals to be opened in Cosa Rica to handle both the medical treatments of native Costa Ricans, but also those of American “medical vacationers”.
    I just might decide to relocate out of our U.S. within the next few years in favor of greener pastures as I am smart enough not to “go down with the ship” so-to-speak.

  2. I pray that the health care plan backed by President Obama does not go through until it is clearly thought through. A reform as big as this one demands as thought as we can give it.

  3. Does the CLass Act cover nursing car or assisted living. What is long term care coverage without that?

  4. Albert L. says:

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