Pres. Bush’s plans regarding health care are receiving quite a bit of attention as of late. Perhaps the most comprehensive overview is in the 1/31 edition of the LA Times.
The “net” is a fundamental shift from an employer-based health care payment system to an individually-based system.
The rationale behind the move appears to be based in the so-called ownership society concept. To quote the article:
“Supporters of the new approach, who see it as part of Bush’s “ownership society,” say workers and their families would become more careful users of healthcare if they had to pay the bills. Also, they say, the lower premiums on high-deductible plans would make coverage affordable for the uninsured and for small businesses.”
Not enough time to write up a full report; for those interested, the Times article is well worth the read.
Insight, analysis & opinion from Joe Paduda