Wednesday, October 28, 2009

The Heart of the Matter: Cost

How can healthcare become more accessible if it becomes horrendously expensive? And how can we afford to pay for those who can't afford it if there is no competition to keep costs in line (and provide real choice)? WSJ: The WellPoint Revelation: Private insurance premiums could triple under ObamaCare.
In all of the 14 states WellPoint scrutinized, ObamaCare would drive up premiums for the small businesses and individuals who are most of WellPoint's customers. (Other big insurers, like Aetna, focus on the market among large businesses.) Young and healthy consumers will see the largest increases—their premiums would more than triple in some states—though average middle-class buyers will pay more too.
Start over.

More. A GOP health plan. Chicago Tribune.

More. Government-run healthcare massively more expensive. Independent Sen. Joe Lieberman. Heritage Morning Bell. (Apropos, GMAC asking for its 3rd bailout.)

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