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McCain starting to talk about health care

This morning John McCain’s team will be talking about health care. There are some interesting ideas in McCain’s plan, which is the Bush tax deduction idea morphed into a tax credit, plus changes in Medicare payments. The best quick explanation is from our friends at ICYou.

Matthew Holt

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Peterjeff goldsmithDonald E. L. JohnsonLinda MargaretGregory D. Pawelski Recent comment authors
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Peter
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Peter

McCain’s ideas to lower costs from his web site: “CHEAPER DRUGS: Lowering Drug Prices. John McCain will look to bring greater competition to our drug markets through safe re-importation of drugs and faster introduction of generic drugs.” Those cheaper drugs from Canada were because of Canadian price controls – not more competition. Safe re-importation? We can’t control the safety of drug ingredients from other countries now. Anyone trust the FDA and China to inspect drugs and drug ingredients? How about the Heparin deaths – does that give you comfort? “CHRONIC DISEASE: Providing Quality, Cheaper Care For Chronic Disease. Chronic conditions… Read more »

jeff goldsmith
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jeff goldsmith

Maybe I’m missing something here. You cut the props out from under employer based coverage, and then give people 40% of the money to buy coverage themselves? You hope that some employers will continue offering coverage even though it is much more expensive after tax and you hope that “competitive forces” will bring down the cost of coverage by suspending state coverage mandates. And between the boat and the dock fall millions of people who presently have coverage and no free cash to make up the difference between the tax credits and the actual cost of private coverage. Say it… Read more »

Donald E. L. Johnson
Guest

McCain is proposing to create a safety net for the uninsured American citizens who have not been able to buy health insurance because of pre-existing medical conditions, but he hasn’t explained how he woiuld keep the freeloaders from gaming the system or why any re-insurers would be dumb enough to get involved. I’ve seen a $7 billion price tag for his proposal, which would be ok for dealing with the long-time chronically ill who can’t get health insurance. But is that state or fed money, and where would it come from?

Linda Margaret
Guest

McCain is trying to save the high quality of the US health care system through his plan. The problem is this high quality is expensive and even now offered only to those that can afford it (or afford the relevant health insurance).

Gregory D. Pawelski
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Gregory D. Pawelski

As a rule, the “for profit” motive and “free enterprise” are hard to beat when it comes to systems for allocating resources in a free society, but some institutions like healthcare should be exceptions to that rule.
So many people have a stake in the healthcare economy. With the wealth comes political clout and powerful influence over public awareness. If you so much as talk about reigning in doctors or drug companies or health insurance, you’re branded as an advocate of socialized medicine.

May
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May

One major problem with McCain’s healthcare plan is that there are no price controls. What good will a $2500 tax credit do for the underinsured with chronic diseases? And moreover, what will he do about ensuring that those with pre-existing conditions will even get accepted by an insurer? This will certainly continue the healthcare crisis that we experience today, if not exacerbate it. I’m not sure I agree with mandates either, and I question the actual costs of either the Clinton or the Obama plan. This could potentially increase our national debt to the point of bankruptcy, accounting for over… Read more »

Matt
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Matt

Talk is about all the candidates are going to do concerning Health Care Reform.

Billy
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Thank you for sharing this video. I’m glad the candidates are starting to discuss their health plans more. It’s very necessary.