Tuesday, November 10, 2009

Health insurance

A lot of people decry the public option in the upcoming health care bill, saying they don't want to subsidize insurance for those who do not have it. And it's a fair argument. Except most people do not realize they already pay for other people's health care through high insurance premiums. Health care in this country is good for one reason — its exorbitant cost. Doctors prescribe expensive medications and really expensive procedures left and right, whether a person needs those or not. Who cares — neither doctor or her hospital nor patient have to pay for it. And because of that premiums keep rising and I have to pay for someone's health care. Public option is no more evil than this current lack of accountability.
Another major issue is care discounts for big providers in a given area. Big insurer gets discounts from a hospital, that cost has to be subsidized by smaller insurers, who obviously pass the cost to you. End result — your premium goes up or in some cases flat out canceled.
So, lots of issues..

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