With a newly elected President who campaigned for socialized medicine, we need to take a serious look at the pros and cons of such an undertaking. If Barrack Obama has his way everyone in the United States will have Government Health Care. Is that realistic, even achievable at this point.
With the current state of the economy, many doubt that such an undertaking is even possible. Bill and Hillary Clinton tried getting socialized medicine implemented in 1993. Even with the economy of 1993, the attempt to socialize medicine in the USA was a huge failure. In September of that year, Hillary Clinton addressed a joint session of Congress.
Pros of Socialized Medicine
Millions of Americans are just a pink slip away from losing their health insurance, and one serious illness away from losing all their savings. Millions more are locked into the jobs they have now just because they or someone in their family has once been sick and they have what is called the preexisting condition. And on any given day, over 37 million Americans most of them working people and their little children have no health insurance at all. And in spite of all this, our medical bills are growing at over twice the rate of inflation, and the United States spends over a third more of its income on health care than any other nation on Earth. Hillary Clinton – Sept 22, 1993
Cons of having Socialized Medicine
Is putting Government in control of Health Care the answer? Even with current government regulations and insurance oversight, the price of health care keeps going up. Will your Health Insurance Costs go up in 2009? We are hearing that insurance premiums with some insurance companies are being doubled or tripled for 2009.
Let’s discuss why these insurance rates keep going up on an annual basis. Who is accountable for the high cost of healthcare? In the early days before employers provided health insurance to their employees, Americans made arrangements for their own health care. They saw chose their own Doctor and paid their own bills. They oversaw their own health care costs and if the bills were excessive they would talk to the Doctor of Hospital about that bill. When the Insurance Company became the middleman, bills would be paid, sometimes without any question.
Another reason for high medical costs is the fact that we have become a litigious society. Whenever something goes wrong, there is a lawyer who is willing to file a lawsuit. In addition as medical technology gets better and better, there are more costly procedures available. Some of these things will not change, but there is a way to put the consumer in charge of their own health care again, where they will get better service, be able to make decisions with their Doctor instead of leaving the decisions up to the Insurance Companies.
The Solution to the Health Care Crisis
With cost of insurance premiums soaring many consumers are looking into Consumer Driven Health Care as an alternative. Millions of consumers across the United States are using discount health services offered through associations, senior organizations, educational groups, businesses, nonprofits, financial institutions, and unions among others.
Discount Health Services are one way of getting more value for your health care dollar. Combining a Discount Plan with a Health Savings Plans and catastrophic insurance coverage make sense in today’s economy. This three pronged approach puts the Patient and Doctor back in charge, keeping the intrusion of government and insurance industry at a minimum.