Shawn Tully, editor-at-large of Fortune Magazine, wrote a fantastic summary of each of the presidential hopefuls’ health care plans on CNN Money. He reaches the same conclusions I have have as of late on this blog – we must get health care costs under control.
I haven’t spent a lot of time on the candidates’ plans yet…and this editorial says it better than I ever could. McCain’s plan attempts to give the consumer control over medical coverage and health care decisions. The creation of something resembling a free market will drive down the costs of care. Hillary and Obama’s plans, being similar, seek to make coverage mandatory by forcing everyone to pay for it. Two very opposite approaches to a staggering problem.
Having studied economics and worked in a market-based industry, I am incapable of wrapping my head around the Democrats’ plans. How is forcing everyone to buy insurance going to make health care more affordable and accessible? How does shifting all these costs directly to tax payers improve care and reduce costs? I don’t understand this. Can someone explain it to me? The Democrats do have an advantage though, their plans, while more complicated than McCain’s, sound simpler. Health care for everyone. They win on political viability.
Read the article and let me know what you think…..
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All the candidates healthcare plans are similar similar stroke jobs that the taxpayers will be responsible for while they piss away billions on wars,Haliburtons etc, it’s just another show of a chimp riding a monkey bike to get a vote.
The points and faults of both plans are outlined.
I feel that the article illustrates what I already thought, there is no easy or good answer.
Of the two, I would go for the McCain plan over the Dems though. It is not perfect, but it puts the responsibility for health care on the individual, not the employer.
Thanks for the link.
The article is good, and makes a case for why McCain’s plan might reduce the cost of insurance for some – or rather, shift it in such a way that non-smoking youngsters without dependents can pay less. But the author doesn’t seem to tackle how this will reduce the overall costs of healthcare.
Perhaps Laissezfaireheathcare.com can explain this better.
P.S. Are tickets still available to see the chimp riding the monkey bike?