The solution: Obama says he will lower healthcare/insurance costs by $2,500 a year per family. (That’s a good chunk of change for most people)
1) So how the heck will Obama this off?
Here’s how (so he claims!):
a. Reduce insurance companies/health providers operating costs. He figures if the doctors, hospitals and insurers can do things cheaper, consumers will pay less.
b. Subsidize cost of health insurance. Obama wants to provide a cheaper government-provided alternative health plans.
Lowering the price of health insurance is the crux of Obama's health care reform. Courtesy ahip.org
c. Reduce the cost to consumers of employer based plans. The government might chip in to cover a portion of employer-based plans.
d. Reduce the cost of health insurance by having the federal government (not the insurance companies) absorb a large portion of the highest cost claims.
e. Creating the “National Health Insurance Exchange” to promote more efficient competition in the insurance market.
f. Improve preventative care and management of chronic conditions.
g. Emphasize the use of cheaper generic drugs.
h. COVER MORE PEOPLE: Covering more people would reduce the overall cost of insurance because it would pool the costs of insurance within a larger population…
Okay… so this stuff seems to make sense so far… But there’s more ! Come back tomorrow and we will share more what we’ve learned.
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