No portion of it should be repealed. When all citizens of the USA are covered, then the costs can be regulated and will decline for all citizens, while still possible to make the insurance companies a profit. More reform is needed to provide regulations on billing and profit-taking, done at the expense of people's health.
Many policy holders are constantly seeing their health care rates increase for no real reason. The health care legislation would limit this, and force health care companies to specify why they are raising rates, before the rates went into effect. This would drastically reduce the costs of private health care for consumers.
I feel that if the president's new health care legislation is going to work then we do need to make sure that the healthcare industry stops ripping off the American people. The new legislation, as I understand it, opens the market to allow health insurance companies to sell their policies across state lines, thereby giving the consumer the right to shop for better and cheaper insurance. This should allow for the price of health insurance to be cheaper.
The law provides insurers with a larger customer base and, as I understand it, encourages preventive care, both of which should decrease health care costs for consumers. It also explores programs that seek to reduce over-treatment and that prioritize quality of outcomes rather than quantity of care, which should also reduce consumer health expenses. To be sure, some people with insurance who didn't have it before will spend more on health care than they had, but this will be their choice, not an effect of the law per se. The law, in itself, appears likely to reduce costs.
The bottom line: the government raises our taxes to cover all these programs they bring to a vote. So the working class end up with the bill. It is another one of those taxation things that needs to stop. If you bankrupt the middle class, like they keep trying to do, there will be no tax money, and the Chinese will take over without firing a shot like we did to Russia.
The new health care legislation does many things to reduce cost for policy holders, the biggest of which is that it disallows insurance companies from taking advantage of many of the loopholes that they have previously used to avoid covering their paying customers. It additionally allows families to continue coverage for their children until they are 26, so that both the child and the parent can save money by not having to purchase separate plans.
Health care legislation provides for the inclusion of people currently outside the system. This move undoubtedly will add costs. However, this is more than balanced by curbs on the premiums health care providers charge for key, emerging treatments. More fundamentally, it shifts the emphasis from the providers' right to profits to people's need for health care. This promises ultimately to lower costs.
Because the new law requires insurance to cover preventative care, people won't have to pay for basic check-ups. People are more likely to get a check-up if they don't have to pay for it, and if they do have a problem, it can be found and treated before it becomes more severe and expensive to treat. There are many diseases that can be cured more easily if they are caught early. A lot of people don't go to the doctor until the symptoms become severe because they don't want to pay for a check-up.
Currently, health care costs include a surcharge to help providers make up the difference that unreimbursed care to those without insurance, or without adequate insurance, who fail to pay. If proper legislation is enacted, and more people could get insurance, and more people would actually get the benefits they are entitled to (as the insurance companies often deny covered care), the risk is spread wider, so the overcharges would be limited. Many medical bankruptcies are of those who HAVE insurance.
I think health care legislation will result in lower premiums for US policy holders. Part of what has lead to the need for health care reform is runaway premiums. The catch 22 is the costs of reducing premiums may lead to budget deficits that require new taxes. Those new taxes could easily offset the reductions in premiums that the health care legislation mandates.
- Insuring millions more will result in more health care activity and thus more health care costs.
- Government involvement, esp. as 3rd-party payers, distorts the market pricing mechanism and reduces the incentives to economize.
- Government typically spends more than projected (while producing less) and studies are already pointing to this reality for the Obama health care bill.
- Obama is using this bill as a step to a government one-payer system. We see from Medicare and Medicare that politicians have the incentive to increase benefits to win more votes. When the government ends up with a monopoly on providing health care insurance, we will see all of the problems associated with a government monopoly. Don't get sick!!
With greedy drug companies and hospitals in America controlling the skyrocketing cost of medical care, and the economy in the state it is, to force people to pay for something they cannot afford or face fines enacted by health care legislation is wrong. It is another way to force the poor to keep lining the pockets of insurance companies on top of the already high cost of health care.
I believe that health care legislation interferes with the free market economy. In a free market economy, anytime competition for one's medical dollar is impeded, the prices for those services will eventually increase. I have personally experienced this increase in just the past year as my family's medical costs have risen without a corresponding increase in care.
Health care legislation does not reduce the costs of health care for policy holders in the U.S. because it requires insurers to accept new clients with pre-existing conditions and the extra expense related to pre-existing conditions raises the premiums. Further, the legislation mandates a whole list of new options, which increase expenses. The insurance providers will fold the additional expenses into premiums.
Obama's health care plan did require all Americans to have health insurance and offered ways for the poor to receive it. Unfortunately for the rest of America it caused the health care premiums and deductibles to skyrocket. This may not be what the plan was intended to do, but the insurance companies have a reason to raise rates. Whether it is a legitimate reason or not only they know, but they are going to keep asking for more money nonetheless.
The basic reason that health insurance costs are so high is that doctors have so much to worry about, with taking many different insurances, that they feel they can just charge whatever they want. This relates back directly to the health insurance companies and then, in turn, the policy holders. Another reason is that the doctors are not even submitting claims correctly or legally to health insurance companies.
If there are people who can't afford any kind of health care coverage, and suddenly the government is covering it, it has to come from somewhere. Whether this is indirectly through tax revenue, or directly through increased premiums of current policy holders, the costs will continue to rise to cover the uninsured.
There is nothing about this legislation that will reduce costs. This was the biggest gift to the insurance industry ever. Yes, a few high-priced plans may be reduced but for those who cannot afford insurance, now that they are mandated to have it, will face fines if they don't acquire insurance. This is an unbelievable rise in cost. Many people will be hurt by this legislation, HSA's are changing, and people will have to pay out of pocket for many things that used to be covered by their HSA.
The healthcare bill mandates perfectly healthy young people obtain insurance to subsidize the old and infirmed's health insurance. It does not lower costs for those that do not buy health insurance. It also does not lower the cost of obtaining it for the young and healthy.
People with five or more chronic conditions make 12 physician visits and fill 50 prescriptions a year.