In this Wall Street Journal article, the health bill and its progress is discussed. This is an interesting article that describes what is happening with the bill and how it is expected to turn out in the different political houses. Although it seems that total amount of money going to be dished out for this bill increases daily, the total as of today is $1.055 trillion. According to the article, "The bill would extend insurance coverage to 96% of nonelderly Americans, setting up exchanges where they could choose between private plans and a government-run insurance option. Funding would come in part from a new surtax on wealthy Americans."
2 comments:
After watching the debates last night before the actual vote took place, it will be very interesting to see how the new bill will actually play out. Democrats are claiming that this bill will cut the federal deficit within the next ten years. Only time will tell if this is true. What is also interesting is that the European model of universal healthcare is not as efficient as what the US currently has. It will be a huge blow to the health of many Americans when they have to wait 6 months to a year for an MRI when currently the wait is less than a month.
I agree... While I believe that universal healthcare looks like it would be a good thing and would bring greater equality, one has to consider efficiency. Even in Canada's healthcare system, although they are industrialized, there are flaws that are leaving people many people worried. Like mentioned above, people often wait a long time for care. Hopefully, we will be to achieve both greater universality along with quality care.
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