They just don’t get it‼️ Lack of competition has nothing to do with reliable coverage or the ability to control costs. This is just an excuse to push the public option. Ask yourself; how will the public option control costs? Sure they can initially try to impose Medicare like fees, but then what? More cost shifting to other segments of the population and then rising costs again or some form of rationing. What will government do to control costs that private insurers haven’t tried … and how will it affect patients?
Look at the comments by Mr Obama below. How will a public option lower out-of-pocket costs and premiums at the same time? How will it lower out-of-pocket costs without increasing premiums?
Here is what the latest trustee report says about Medicare, the biggest public option of all:
Notwithstanding recent favorable developments, current-law projections indicate that Medicare still faces a substantial financial shortfall that will need to be addressed with further legislation. Such legislation should be enacted sooner rather than later to minimize the impact on beneficiaries, providers, and taxpayers.
As I write this I am in Quebec, Canada watching the news. A top story is the fight over health care costs. The provinces are pushing back on the federal government’s plan to cut funding and avoid an automatic 6% increase. “If we want good health care, we must spend more money,” a spokesmen for the provinces said.
Source: The National Post Canada Dec 2015
Two separate reports released Tuesday used different strategies to reach the same conclusion — Canada’s health care wait times leave much to be desired.
The Fraser Institute reached its conclusion by surveying 2,382 medical specialists across the country to determine the length of time between when a patient is referred to them and when they receive treatment.
That survey pegs the median wait time is 18.3 weeks, nearly the same as the number reported last year and more than double the length of wait times in 1993.
New York Times
“Too many Americans still strain to pay for their physician visits and prescriptions, cover their deductibles or pay their monthly insurance bills; strguggle to navigate a complex, sometimes bewildering system; and remain uninsured,” Mr. Obama wrote in The Journal of the American Medical Association.
The marketplace faces a major test in the fourth annual open enrollment season, which starts on Nov. 1, a week before Election Day. In many counties, consumers will see higher premiums and fewer insurers, as Aetna, Humana and UnitedHealth have curtailed their participation in the exchanges, and many of the nonprofit insurance cooperatives, created with federal money, have shut down.
“Supporters of the public option warned that private insurance companies could not be trusted to provide reliable coverage or control costs,” said Richard J. Kirsch, who led a grass-roots organization that fought for passage of the Affordable Care Act in 2009 and 2010. “The shrinking number of health insurers is proof that these warnings were spot on.”
On Sept. 15, Senator Jeff Merkley, Democrat of Oregon, introduced a resolution calling for a public option. The measure now has 32 co-sponsors, including the top Senate Democrats: Harry Reid of Nevada, Chuck Schumer of New York and Richard J. Durbin of Illinois.
“You need competition to make the exchanges successful,” Mr. Merkley said in an interview. “A public option guarantees there’s competition in each and every exchange around the country.”