Wednesday, August 01, 2007

Guliani offers health care plan - New York Times



Giuliani Offers Health Care Plan - New York Times

"Republican presidential hopeful Rudy Giuliani on Tuesday offered a consumer-oriented solution to the nation's health care woes that relies on giving individuals tax credits to purchase private insurance. Critical to Giuliani's plan is a $15,000 tax deduction for families to buy private health insurance, instead of getting insurance through employers...

...The former New York mayor said as more people buy plans, insurers will drop their prices, making insurance affordable to those who lack it now."
I'm curious, on what planet will private insurers drop their prices because they are selling more?

This is the critical flaw of so many of the "health care" plans that are in the offing - they don't address providing health care, but instead want to provide health care "coverage" through private insurers. When was the last time your "coverage" actually covered something without attempting to exclude, co-pay, or otherwise transfer the expense to you, the customer? (Assuming you are "lucky" enough to have coverage at all.)

The insurance industry is full of crooks and thieves*, and the government has virtually abandoned attempts to regulate it on behalf of consumers.

How did we get to the state in this country where people's suffering is a virtually unregulated fountain of profit for big corporations? We got there in large part due to Ronald Reagan, who set about dismantling government oversight in nearly every aspect of American life under the disingenuous rubric of "big government is bad."
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*Crooks and thieves can be loosely translated in this context as folks with MBA's. Business schools have virtually destroyed every industry in which their graduates work due to an essentially flawed model. See the excellent article on business sustainability, efficiency and redundancy in this months Mother Jones.



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