Obama On Health Reform: The Dog That Didn’t Bark
By Robert Reich on May 12, 2009 | More Posts By Robert Reich | Author's Website
The only troubling thing about the President’s statements today concerning health care reform was what he did not say: that he wanted a any health plan that emerges from Congress to include a public insurance option for Americans who do not want to buy private insurance. But without this option, there will be no pressure on private insurers to adopt all the other reforms to control costs or give all Americans access to affordable care.
Every other reform proposal announced to date - electronic medical records, comparative effectiveness research, prevention of chronic disease, payments for services rather than for outcomes, and so on - has been talked about for years. The reason none have been adopted is health providers and insurers can make more money without them. Only with a government plan that competes with private insurers, and offers Americans lower costs if the providers and insurers fail to reform themselves, will the system be genuinely reformed.
Hopefully, the President’s failure to mention a public insurance option today was not intended to signal to Congress that the White House is no longer especially interested in it. The Administration should quickly inform policymakers how important this option is as a spur to real change.
Has Gold Just Broken Out Of Its Trend Channel?
One Reason Why The US Dollar Might Rise
Ron Paul Thinks That Fed “Oversight Is Laughable”
S&P 500 Index Is Still Overvalued
This Small Oil Exploration Company Is Ripe For A Takeover… Here’s How To Profit
Bay Street Stocks Slip Slightly Again - Canadian Commentary - 1 day ago
Stocks Close Mostly Lower Amid Disappointing Quarterly Results - U.S. Commentary - 1 day ago
Bay Street Stocks Linger Slightly Below Unchanged Level - Canadian Commentary - 1 day ago
Stocks Remain Stuck In The Red In Mid-Afternoon Trading - U.S Commentary - 1 day ago
European Markets Fall, Led By Banks, Oils - European Commentary - 1 day ago


