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Public Option or Government Takeover?
Campus Report ^ | June 30, 2009 | Bethany Stotts

Posted on 06/30/2009 9:22:52 AM PDT by bs9021

Public Option or Government Takeover?

by: Bethany Stotts, June 30, 2009

Amidst the heated debate over the future of health care, one professor told the House Subcommittee on Health that it could take 4 trillion dollars to make sure “nearly everyone” in America has health insurance.

“Using the ARCOLA model, we found nearly everyone would be covered if all elements of the Kennedy bill were enacted at a ten-year cost of 4 trillion,” said Dr. Stephen Parente on June 23. “That 4 trillion estimate over 10 years assumes a public option plan with Bronze, Silver and Gold levels in the proposed insurance exchange with a subsidy for premium support that is income-adjusted and calibrated for assistance at the Silver level.”

According to the University of Minnesota professor “The Silver level is [the] equivalent of [a Preferred Provider Organization] PPO plan with medium levels of generosity, something with [a] 15% coinsurance rate, manageable copays and average level of access to physicians and hospitals.”

In other words, such an implementation of the bill would entitle “public option” users to network-based health care with 15% of costs paid out of pocket and “manageable copays”—much like what Health Management Organizations (HMOs) and PPO plans currently offer in the private market.

President Barack Obama clarified earlier comments about his “public option” plan at a press conference on June 23, saying that “Well, no, no, I mean—when I say if you have your plan and you like it and your doctor has a plan, or you have a doctor and you like your doctor that you don’t have to change plans, what I’m saying is the government is not going to make you change plans under health reform.”...

(Excerpt) Read more at campusreportonline.net ...


TOPICS: Government; Health/Medicine; Politics; Society
KEYWORDS: 111th; bho44; healthcare; publicoption

1 posted on 06/30/2009 9:22:53 AM PDT by bs9021
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To: bs9021

You can bet the farm that Obama and his family and “buds” will be on the gold plan.


2 posted on 06/30/2009 9:34:08 AM PDT by Redleg Duke ("Sarah Palin...Unleashing the Fury of the Castrated Left!")
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To: bs9021

It is time to press for strict term limits for Congress and force them in Social Security and Medicare so they can lay in their own excrement.

We must organize as a movement and boycott evetrything that has to do with our erosion of freedom!!!!!!!!!!!


3 posted on 06/30/2009 1:55:16 PM PDT by my small voice (A biased media is the biggest threat to our democracy)
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