Government Spending On Healthcare Rises Without Results-mcncc

Insurance According to a new report released by the Medicare journal, Health Affairs, Federal and state programs will pay slightly more than half the tab for all health care purchased in the United States by 2012. Whether or not Obamas health care reform plans come to pass, the shift to a government-run health care system is attributed to the deep U.S. economic recession and aging Baby Boomers, millions of whom will soon start signing up for Medicare. When you consider the vast amount of resources, debate and kitchen table conversation over the prospects of a governmental health care system, it’s already in progress — with or without proposed reforms. The tipping point is likely to come next year, the author of the study noted. For technical reasons, the report assumes that Congress is going to allow Medicare to cut doctor fees by 20 percent later this year, as required by budget law passed under the Bush Administration. But lawmakers have routinely waived such cuts, and there is reluctance on Capitol Hill to allow them in an election year. All things considered, government probably will end up picking up most of the nation’s medical costs in 2011, instead of 2012 — as Obama has promised. Congressional Democrats want to move forward with the sweeping legislation, but are stalled over disagreements among themselves. Republicans have rejected Obama’s approach as a top-down, big government solution. Richard Foster, Medicare’s top economic forecaster, told the Washington Post that the recession has only worsened the two stubborn problems facing the U.S. health care system, lack of affordable health insurance and higher costs for medical care. "All that argues that some form of health care reform is a good idea," Foster said. Fosters analysis, though a popular concept, doesnt take into consideration the issue of supply, demand and simple math. The Democrats’ plan would expand coverage to more than 30 million people now uninsured, while taking some modest steps to slow the pace of future cost increases. It would set up a new insurance marketplace for small businesses and people buying coverage on their own, with government subsidies available for many. Denial of coverage because of health problems would be prohibited. Republicans want the government to stay out of what has historically been a private enterprise, claiming that the industry fosters competition in the health insurance marketplace and drives down costs. Moving to a larger government-run health care system (adding private insurance to Medicare and Medicaid) stipulates that pre-existing conditions are exempt. This would force health insurers to cover an overwhelming majority of sick people that some in the industry believe would trigger another big bailout — this time, for health insurance companies . The report estimated that in 2009, the United States spent $2.5 trillion for health care, with government programs – mainly Medicare and Medicaid – paying $1.2 trillion. Employer health plans and the private sector covered the remaining $1.3 trillion. Even as the economy shrank, health care spending grew by 5.7 percent from 2008. Thats three times faster than estimated. According to Medicaid, the federal-state program for low-income people, its program grew by nearly 10 percent as workers lost jobs with health insurance, and Democrats expanded coverage for children of the working poor. Other economically advanced countries – including those with government-run health care – also have escalated costs. But the U.S. spends much more per person than any other nation, without getting better results in life expectancy and other factors. About the Author: To most people, health insurance is a plastic card with numbers that lets you into the doctors office and a little booklet of paper that lives in your filing cabinet, closet or some dusty corner of your home. To Michael, affordable health insurance and the historical reforms that go along with the inequality of healthcare in America are topics of healthy discussion, worthy of further study and catalysts for education and action. Michael lives in Miami. Article Published On: ..articlesnatch.. – Insurance 相关的主题文章: