Posted on 07/30/2009 12:55:14 PM PDT by Halfmanhalfamazing
"A network of health insurance plans run by the customers they serve, proposed in the U.S. Congress to offset opposition to a government-run system, may take a generation to pay off, even with $10 billion in seed money," Bloomberg reports. The co-ops, according to Sen. Kent Conrad, D-N.D., who first floated the idea last month could lower costs, cover more Americans, and gain bipartisan support. President Obama said in late June that he was "open" to the idea.
However, based on the experience of existing co-ops, the plan could take decades to develop into an effective mechanism for achieving those broad goals. "If we had 25 years, and we weren't staring down the barrel of a shotgun on health costs, it's a pretty neat concept," Paul Keckley, of the Deloitte Center for Health Solutions, told Bloomberg.
I'd like to know even more.
I know that HSAs work, singapore has proven that. So have the limited HSAs here in the states.
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