What does Obama Said About Health Insurance?

health insurance
Return of the debate on health reform and health insurance. "You do not know!

Insurance is "equitable transfer of risk of loss from one entity to another, in exchange for a premium, and may be perceived as a little known and certainly avoid large losses, potentially devastating loss." Insurance "claims" or together, to the police, after a loss in excess of certain deductible.

Our insurance does not. Wednesday, President Obama hilariously describes the suffering of his mother on her deathbed, that his insurance company will pay. We know that the same history. Health insurance does not apply to the poor, the elderly, in poor health, and unemployed - about 47 million U.S. dollar from the previous 305 million Americans. They include only the inadequate and Health Authority. Do not negotiate lower prices on behalf of our hospitals, pharmaceutical companies and other healthcare providers. Restrict our choice of doctors, tests, treatment and access to new medical technologies, deteriorating the health of our results. Many medical conditions leave the profession when they need it most, and you still overspecialized. Our health insurance have great power over our political leaders and regulatory agencies such as Business Week recently wrote, and in the midst of the worst recession since the Great Depression, our health insurance is one of the few industries to remain profitable but not the "advantages" that have recently referred to the President Obama. If you describe this industry without a name, an economist, the first word pop to mind is a monopoly.

In 2004, Health Affairs article, Professor James C. Robinson discussed the U.S. health insurance, and found that in 36 countries, with three or less, which represents 65 percent of commercial insurers, the market for health insurance in 2003. Ministry of Justice and Federal Trade Commission use the Herfindahl-Hirschman Index (HHI) of market concentration to determine whether blocking the mergers and acquisitions. Robinson calculated HHIs health insurance and found that 34 States HHIs of 1800, concentration limits and to defend the request is below the federal guidelines. Robinson also noted that from 2000 to 2003, when health care expenditures in the United States increased faster than inflation, revenues from private insurers rose even faster. So they were able to move quickly to higher costs for consumers and increase their profits, while direct evidence of monopoly power. Annual meeting of the American Medical Association in a survey of private health insurance, focusing on 314 major metropolitan areas last month and found that 94% was controlled by one or two companies.

Urban stated that the institute of public insurance option, as proposed by President Obama will not govern the private insurance market, but beyond its impact on consumers and extending coverage to those without it.

The problem Obama president and Congress is sufficient to create public understanding of what health insurance monopoly, which we turn on the legislative reforms. Town hall shouting the results leaves a lot of evidence that someone is listening.

One thing about economic policy, while the world is out of control, because it is pervasive, the costs of health care at the time and people power to their political proxy, to do more. I hope that America will soon awake to the price we pay for the transfer of monopoly control of health services to the insurance monopoly. We departed in 1911, Standard Oil. Maybe we could violate Wellpoint, UnitedHealth Group, Aetna, Cigna and 2011.

For an excellent brief history of health insurance, have appeared in the United States, see John Goodman in the Article Library of Economics and Liberty.

Wikipedia article on health insurance is very informative and provides a comparison of health systems in major countries around the world.

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