Monday, October 26, 2009

HEALTH CARE BILL-CONTINUED

As per previous post, Health care costs can also be contained by cutting or containing or preventing wasteful costs. And also the cost can be considerably reduced if we can just offer the public option to people who have lost a job or who cannot afford to pay for the insurance by offering them subsidized rates. I believe that this would not cost billions and billions of dollars of health care costs and it can be done by the incorporating the existing bureaucracy of Medicare and Medicaid.

Again paying for the cost can be done by forcing high income individuals to contribute more to the medicare premium or even reducing the Part D of the Medicare program for which I believe the funds were not accounted for (correct me if I am wrong).

This health care debate is not going to go away anytime soon. So if all the facts and figures( which can be highly off the mark in the future) the better it is for both sides.

The future is always uncertain and so the accounting gimmickery accompanying it, so instead of ramming a bill through Congress without honestly knowing the costs and benefit analysis related to it, an open debate with all the stakeholders involved should be initiated forthwith.

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