U.S. healthcare system needs a public option
ANOTHER VIEW
Long ago, when most Americans left the house for mass entertainment, they flocked to carnivals that crisscrossed the country to delight small towns and big cities. Shows typically included a barker whose steady stream of superfluous oratory enticed folks to spend their hard-earned cash on sometimes dubious performances.
Too often today, our nation’s capital resembles that midway where a slick barker spouts enticements to assure people who want to believe what they want to believe that he will always give them what they want. That may be fine when the tickets sold are for harmless attractions, but what mostly seems for sale in 21st-century
One glaring example of our current predicament is an embarrassingly disappointing healthcare system that fails to meet the needs of millions of Americans who can neither afford adequate medical treatment nor a health insurance plan to help them pay for a doctor or the cost of a hospital stay.
Even as the Affordable Care Act (ACA) was being signed into law by President
The ACA has helped cut the percentage of Americans without health insurance from nearly 16% in 2016 to 8% last year. That means more work needs to be done. But while Trump keeps promising a better alternative to Obamacare, he’s barely delivered on even the " concept of a plan " to improve healthcare access for all.
Trump proposed an ACA alternative in January that he calls " The Great Healthcare Plan," but it’s too weak to get the health insurance industry to become a better partner in extending coverage to more Americans. Trump’s plan would instead end the ACA subsidies that have helped millions of people pay for health insurance while cutting prescription drug prices and requiring insurance companies to do a better job reporting their costs and profits.
A
That’s a sign of the political strength of major health insurance companies, including
It’s time to stop the giveaway to health insurance companies and reconsider an idea that has failed past attempts to survive
"Millions of our citizens do not now have a full measure of opportunity to achieve and enjoy good health," Truman said in 1945. "Millions do not now have protection or security against the economic effects of sickness. The time has arrived for action to help them attain that opportunity and that protection." That same speech could be made today, but this
The
With thousands of doctors abandoning their practices and millions of Americans still unable to afford health insurance, it’s time for a bolder, better healthcare system. This country is too prosperous to have so many Americans worrying themselves to death while trying to figure out how to afford decent medical care.
This nation cannot afford our president’s weak ideas to fill huge gaps in America’s healthcare delivery system.
—


Pulse of the public
REP. ONDER'S BILL TO STRENGTHEN TRANSPARENCY IN EMPLOYER-SPONSORED HEALTH PLANS PASSES COMMITTEE
Advisor News
- Nearly half of nonretirees doubt they will fully retire
- How much could failure to fund Social Security cost average Americans?
- How can more Americans achieve financial independence?
- Savers vs. spenders: How money management attitudes impact financial confidence
- Demonstrating the value of life insurance to Gen Z
More Advisor NewsAnnuity News
- DOL slams pension risk transfer lawsuit as ‘opportunistic’ litigation
- AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries
- Advisors don’t have an annuity problem; they have an integration problem.
- Agentic AI is transforming insurance sales both for consumers and agents
- Canvas steps into the direct-to-consumer market that has yet to take off
More Annuity NewsHealth/Employee Benefits News
- Va. hospitals predict $31B reduction in state's Medicaid funding if proposed CMS rule passes
- Va. hospitals predict $31B reduction in state's Medicaid funding if proposed CMS rule passes
- New Findings from National Health Insurance Service Ilsan Hospital in the Area of Kidney Transplants Reported (Serum Proteomic Profiles of Microvascular Inflammation in Donor-specific Antibody-negative and C4d-negative in Kidney Transplantation): Transplant Medicine – Kidney Transplants
- AM Best Upgrades Credit Ratings for Delta Dental of California and Its Affiliates
- NEW DATA: RYAN MACKENZIE-BACKED HEALTHCARE CUTS CAUSE MORE THAN 13,000 PENNSYLVANIANS IN THE LEHIGH VALLEY TO DROP INSURANCE COVERAGE
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Bao Viet Insurance Corporation
- AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries
- Agentic AI is transforming insurance sales both for consumers and agents
- USAA introduces Secure Start whole life program for children
- Best’s Market Segment Report: AM Best Maintains Stable Outlook on South Korea’s Non-Life Insurance Market
More Life Insurance News