For my out of country readers a little background on the editorial cartoon below.
– President Obama wants a Healthcare Reform Bill passed
– Many Republicans and some moderate Dems don’t want to include a so called Public Option (whereby people can buy insurance from the government) for fear of the long term costs.
– Senate Majority Leader Harry Reid introduced a version of the Healthcare Bill that includes a State by State opt out solution. This caused Olympia Snowe, the lone Republican who supported the commitee plan to publicly back out of her support as well as some others.
The biggest issue IMO is that the two largest areas of concern are those who want insurance who can’t get it at a reasonable rate and those who can’t withstand a major catastrophe. Now I am not economist but couldn’t the government put out a bid much like a large company for insurance companies to offer them group rates. Individuals without a company plan could get this corporate rate rather than expensive COBRA or the like. Then the government could offer a “public option” to those wanting catastrophic insurance such that it would kick in when medical bills reached a certain percent of yearly gross income.
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