OPINION: New model needed for health insurance - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
June 16, 2019 Newswires
Share
Share
Post
Email

OPINION: New model needed for health insurance

Pueblo Chieftain (CO)

Jun. 16--Health care reform is the most pressing issue in the United States. Fixing health care is critical.

We rank last among 37 industrialized countries in quality, life expectancy is the U.S. is starting to decline, medical errors account for 10 percent of all deaths in the U.S. and hospital errors alone account for 251,000 deaths annually. Consumers and their physician/providers have become pawns in modern health care that has been commandeered by greed and profit.

I have committed over four decades of my professional life to building a model to fix health care. It only can be fixed where it happens -- between consumers and providers at the local level.

A sobering thought. A Rand study in 2006 concluded: "The bottom line: All adults in the United States are at risk for receiving poor health care, no matter where they live; why, where, and from whom they seek care; or what their race, gender, or financial status is." Having "good insurance" gets you the same health care as the homeless. We are all in the same boat.

Health insurance is not health care. We need a system that fixes health care and makes the health of our community optimal, safe and affordable.

Health insurance is an economic catastrophe engulfing our community, as it is every community in the U.S. Our community cannot adequately fund our teachers, our schools, law enforcement, infrastructure needs and the budget shortfall erodes our community in innumerable other ways. Pueblo County health insurance costs are unsustainable and are increasing by about $50 million every year.

Nothing in our society will benefit American workers more than fixing health care and making it affordable. Our children are currently harnessed at birth to pay a half million dollars for health care during their working years and we, urgently, as their only advocates, need to rescue them.

Fixing health care can be that financial engine that rescues our community. Saving, just by eliminating the waste, will amount to $3,000 per year for every person in Pueblo County and savings for the community could amount to $300 million or more per year. This will take us from the poorest to the richest metropolitan community in Colorado.

How? The process, by adopting the new health care model, can be anchored by our tax-supported, governmental entities; --city, county, school districts, etc. By self-insuring, these dollars can stay in the community and be owned and controlled locally. This will automatically democratize health care for our public entity employees, give them control of their own health care, provide them with complete accountability and allow them to partner with their health care providers to shape health care locally to ensure access, quality, safety and affordability. The savings and benefits will emanate to our governmental entities, their employees, taxpayers and our community.

A small fraction of the tax dollars set aside for the Pueblo Economic Development Corp. can be leveraged to create the administrative infrastructure needed to support the new self-insurance paradigm. By leveraging these monies to fix health care locally, an immediate return will be realized by everyone in Pueblo County. It will certainly make Pueblo County more attractive to companies/employers considering locating to our community and it will benefit all existing employers.

Not only can fixing health care be an economic boom for our community, but simultaneously it will optimize the health of our local population and make care safe.

Our public officials must be compelled to vet the proposed solution, as failing to investigate this potential community-saving solution would be irresponsible. It is easy to continue to buy health insurance as they have always done but, connecting the dots, this is no longer an affordable option. More of the same will bankrupt our community and the workers who are saddled with paying the bills. We are being asked to approve a $300 million bond for Pueblo City Schools (D60) while allowing the health care industry to extract $1 billion per year from us and growing this financial burden by $50 million every year. D60 teachers and staff -- through their terrible, tax-supported, health insurance benefit -- have paid for a new, unnecessary Kaiser Clinic rather than our children's schools.

As my home, I want to bring a health care solution to Pueblo. The solution does not exist anywhere else in the U.S.

Richard Rivera is chief executive manager and founder of HealthTrac, LLC.

___

(c)2019 The Pueblo Chieftain (Pueblo, Colo.)

Visit The Pueblo Chieftain (Pueblo, Colo.) at www.chieftain.com

Distributed by Tribune Content Agency, LLC.

Older

Mark Ballard: Explaining the story of insurance companies, trial lawyers and high auto insurance rates

Newer

Disaster unemployment benefits available

Advisor News

  • A rising retirement challenge: The license to spend
  • Financial stress leaves less room for retirement saving
  • Giving while you’re living: 3 frequently asked questions about gifting
  • Helping clients prepare for one of their biggest retirement expenses
  • Important year-end financial conversations every advisor must have
More Advisor News

Annuity News

  • A rising retirement challenge: The license to spend
  • What lower interest rates mean to annuity payouts
  • AM Best downgrades A-Cap insurers amid financial and regulatory troubles
  • Lawsuit claims Delaware Life hid billions in insurer-linked investments
  • AM Best to Deliver Presentation at 2026 ACLI Annual Conference
More Annuity News

Health/Employee Benefits News

  • What will California's next governor do about healthcare? Here are Becerra and Hilton's plans
  • Studies from Cardiovascular Research Foundation in the Area of Managed Care Reported (Temporal Trends in Mitral Valve Repair Procedures and Outcomes Among Older U.S. Adults): Managed Care
  • Researchers from Dartmouth College Geisel School of Medicine Describe Findings in Managed Care (Integrating Peer Support Into Medicare-Funded Care: A Qualitative Study of System-Level Insights From Early Implementation): Managed Care
  • Thousands of immigrants in Maryland to lose Medicaid coverage under H.R. 1
  • REPRESENTATIVE OCASIO-CORTEZ AND SENATOR SCHUMER INTRODUCE BICAMERAL LEGISLATION TO RESTORE HEALTH COVERAGE FOR 450,000 NEW YORKERS
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • U.S. News & World Report Announces Winners of the 2027 Life Insurance Companies Awards
  • New York Life Investment Management Launches NYLIM MacKay Muni High Income ETF
  • When life changes, coverage should too
  • Trust emerges as key battleground for distribution, LIMRA panel agrees
  • AM Best Affirms Credit Ratings of OneAmerica Group Members
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.