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Health Reform Puts Innovation At Risk

Posted by Always To The Right on Friday, July 24, 2009 12:02:55 AM

President Obama and congressional Democrats have spelled out few details in their health reform plan. But one thing is certain — it's going to be expensive. A new report from the Congressional Budget Office puts the price tag of the current proposal from Sen. Kennedy at more than $1 trillion over the next 10 years. An Associated Press report puts the Senate price tag at $1.6 trillion.

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Health Care

Posted by Always To The Right on Thursday, July 23, 2009 2:57:57 AM
What Does Health Insurance Insure? It's Not Your Health.

The American Thinker:  Health Care Is Not That Complicated

The problem begins with the almost universal misapplication of the terms. Health insurance does not insure your health, nor was it ever intended to.  Health care insurance, formerly called "medical insurance," is merely an instrument of neutralizing risk. Financial risk, that is.

It was brought about by a need to insure a family's assets against a dread disease requiring care so expensive it would wipe that family out financially.  As a strictly financial planning endeavor, the issue never seemed to be discussed in terms of being "a right" or in terms of "compassion."

Instead of being viewed as a financial instrument to keep a family from losing everything in an effort to pay for a cancer treatment or heart surgery, it has become viewed as an endless supply of other people's money to pay for everything related to healthcare --  so the family can buy every car, boat, flat screen, iPod and laptop they want with their own money.


 
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