Posted by Paul at March 23rd, 2010
The new health care bill is as thick as three phone books. Few know everything it contains, and no one really knows what affect it will have. The insurance industry gets a windfall of new customers and some long overdue regulation, that much seems certain. Poor people and small business owners get tax breaks, rich people get tax hikes. Oh yeah, and the government won’t be giving Americans health insurance, they’ll be forcing them to buy it if they don’t have it already. This part hasn’t fully sunk in yet.
Expanding Medicare for all and letting private health insurance go the way of the dodo is possibly the furthest thing to what happened (but don’t try to tell that to a Tea Bagger). Billions of dollars in insurance industry lobbying tilted the bill seventy-five percent in their favor. The other twenty-five goes to the poor, those with chronic illness or pre-existing conditions, and those under twenty-seven years of age living with their parents.
On the losing end we have anyone uninsured who doesn’t want to buy health insurance in the first place, no matter the cost. Now they must buy insurance, and the government says how much they will pay. Never mind that two people with the same income might have different ideas of what’s affordable. The whole plan rests on everyone being in the pool to bring down prices. Which means millions more using services, who in turn get more healthy. At least that’s the idea.
The last health bill this expensive took away Medicare’s right to negotiate drug prices. It was signed by George W. Bush to the delight of drug companies and the dismay of any taxpayer paying attention. But most people didn’t know about or understand that bill. This one is front and center. It could actually benefit citizens as well as the health industry. But nothing is certain… Hooray!