Thursday, January 6, 2011

Job killing Health Care Law?

I really love this one. Republicans are using a label to 'sell' their justification for repealing the health care law, passed by BOTH Houses of Congress and signed by the President of the United States of America. Job Killing is actually in the title of this bill. I am curious, what jobs are being killed? If you take a look at your local newspaper, you will see in INCREASE in job opportunities for the health care field. Why is that I wonder. Is it because the new law requires insurors (not the government) to provide wellness benefits at no extra charge. This means there will be a great need for these types of practicioners. Another benefit for compelling people to pay their own way, by purchasing their own insurance instead of taking advantage of emergency rooms is that they will now be able to see a doctor before a more serious problem pops up. Does that mean we will need more doctors or NP's? You bet. 40+million more insured will also require insurance companies to hire more people as well. A simple by product will also be we will be a healthier nation, increasing productivity in the workplace.

Now, the question I have is, what jobs are being killed? There is absolutely no evidence to suggest jobs being lost. In fact, the teeth of the new law doesn't take effect for another couple of years. The CBO, which BOTH parties have agreed to use as an arbiter in such issues states that over the next 20 years will save over a trillion dollars. So, the deficit is reduced as a side benefit. Where do these savings come from? Well, as it stands now, anyone who goes to the Emergency Room MUST be treated whether they have insurance or not. Why, because the Federal government mandates that if the hospital accepts Federal money, they cannot turn you away. Now, if virtually everyone is insured, the Federal government, insurance companies and states don't have to foot the bill. Who pays now? WE DO, in higher insurance costs, hospital costs and taxes.

Personally, I would like to see Medicare for all, such as with the Medicare Advantage plans. These plans are run as a public/private sector operation. The system is already in place. Everyone pays a premium, based mostly on where they live, but there is a base rate everyone is charged and you have the option to add or deduct benefits. Certainly this is less confusing. The best part is that it comes through payroll deduction and the costs are balanced over the entire nation rather than by state. This what is called the 'public option'.


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