Date registered: Apr 2004
Location: The BlueGrass State
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
I have been very mixed on this subject. Both my sister in law and her hubby are Doctors [MDeities] - "Yes I know you have 4 patents but he is a doctor that just cut the top of his foot off with a lawn mower".
I was firmly against the HClinton Healthcare Doorstop that came out in 1994.
With that said, the first Boomers just turned 62 and the load that is going to put on the Healthcare system in this country is going to be staggering. Not just due to the unprepared Boomers who are going blindly into retirement without any net but everyone. And it will get worse EVERY YEAR for the next 15-20 years as more retire and load up the system.
When you add in the number of middle/upper middle income workers that will be supporting that bubble and know that, even now employers are cutting back on benefits as quickly as possible we will have both the work force that will have to pay their own insurance way AND, through increased taxes, pay for the Boomer healthcare bubble.
A third tier of workers, the families that live at or near the Poverty Line who can make ends meet, maybe save a bit for college for the kids but cannot afford the $600-$1000 monthly for health insurance to keep the family healthy.
Add in the fourth tier of low income workers [who can NEVER afford health insurance], unemployed, illegals, and "everyone else" who require health care or we, as a nation risk outbreaks of disease.
When you look at the impacts of all of the down sides, from disease to lost production it starts looking like it is the only viable option.
On the supply side, you take out much of the liability claims, administrivia, insurance BS, and redundancy. You will get longer lines, less state/insurance paid "electivesâ€ť, and potentially fewer people going into the medical profession since it will no longer be the cash cow it is now.
Like in other countries where there is National Health, you will also have the option of going to a private practice, and knowing the US and the free enterprise system, insurance companies to provide coverage at those private practices.
Will it be a 100% cure all, NO, but with the stack I see coming, I am not sure there are too many choices. I see how the Medicare/Medicade system works while dealing with my 82 year old mom and I am impressed with how smooth and painless it has been. Same when my dad was in the ICU for six months.
Being smart is knowing the difference, in a sticky situation between a well delivered anecdote and a well delivered antidote - bear.