The team from BestHealthcareRates.com is less than reassured with the presidential reassurances on the far-reaching effects of health care reform during his September 9th talk on the status of healthcare reform. With more than 46.3 million Americans not having medical insurance the need for changes is long overdue, but many of those proposed by Obama are not what an already-indebted country needs.
At one point the President mentioned that there would be no changes required by companies, which already had medical insurance plans in place. However, that does not mean that a large number of companies will not opt to make changes in their plans anyway. In a tight economy, everyone, including businesses, is looking to cut expenditures. Introducing universal healthcare will make it very easy for many companies to opt to cut health insurance benefits in the quest to save money. This will translate to even more people needing the system the government is planning to offer.
The President in his speech stated that he would not increase the country’s deficit with the implementation of this new plan. The new public healthcare plan is supposed to be self-funded. However, in reality two-thirds of those without health insurance live in poverty. Tom Carolan of BestHealthcareRates.com asks, “How are those 30 million individuals supposed to pay for a plan when they are struggling to put food on the table and keep a roof over their heads? The money will need to come from somewhere.”