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Obama’s Plan to Pay for Health Care Reform


Almost Everybody wants Health Care Reform!

Don’t think that the problem’s of health care cost and health insurance premiums are restricted to low income people. No, many small business owners, large business owners, and people with the bad luck to have been without decent insurance when they got sick, are struggling with costs too. And indeed, many outspoken people in the medical community have voiced their own opinions about how the crisis affect their own ability to provide top quality medical care to everybody who needs it. Even the health insurance companies will, sometimes, admit that they would like to cover more people at a lower cost, if only the could.

How Will the US Pay for Health Care Reform?

Of course, the 800 pound gorilla in the room has always been the cost. Our current Medicare system which covers most US seniors and disabled people, already costs billions of dollars. How can we cover more people when we struggle to pay for what we have?

Obama says that his government has found the answer, and I hope they have!

Some of the money will come from closing tax loopholes for wealthier Americans. That is not bound to be popular with the very rich, but since I am not in that club, I am still willing to listen! Others come from planned increases in efficiencies in the medical industry which needs to revamp the way they do business like other industries have. And some will come from increases in charges for government services.

Of course, none of these changes come without criticism, both that the cuts will hurt medical care or that they are unrealistic in the amount of savings they will really create.

Nobody said health care reform would be simple.

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