Posts Tagged ‘insurance’

US Government considering public health care plan

Thursday, May 14th, 2009

News Story:

US senators are meeting to discuss possible options for the US government to begin to offer a government run healthcare plan to US citizens not currently eligible for Medicare or Medicaid.  This would be especially focused toward benefitting the middle class.

There are several plans being discussed.  The first would be similar to Medicare, but would compensate healthcare providers better.  The second would be run similarly to a typical health insurance plan, patients must pay premiums, not taxes, to participate, but the government would not need to be profitable as health insurance companies do.  Also, the possibility of allowing individual states to institute their own public healthcare plans is on the table.

Obviously, insurance companies are opposed to any government control over the industry.  The insurance industry is currently negotiating many changes in their practices with the government in hopes of preventing the public takeover of healthcare insurance.

Commentary:

The healthcare insurance industry as it stands today is in definite need of an overhaul.  As in so many corporate run industries, executives are obscenely overpaid at the expense of customers, patients in this case as well.

I don’t think the government should be emulating the Medicare program, however.  I also don’t think that putting this burden on individual states will be a good idea.  There would be massive disparity from one state to the next in the quality of healthcare available.  Any time the government gets involved in control of new areas it concerns me immensely, as  efficiency, and quality of service are not a strong point of the US government.  When you remove financial motivation completely from the equation for those running programs, you don’t get good performance typically.