Quote

"To get rich, never risk your health. For it is the truth that health is the wealth of wealth."

-Richard Baker, American Congressman
Showing posts with label Barack Obama. Show all posts
Showing posts with label Barack Obama. Show all posts

Friday, July 24, 2009

Healthcare Debate

The people who are attempting to upend our nation's healthcare system think this way -

"Health care does more than save lives: it also reduces pain and suffering. How can we compare saving a person’s life with, say, making it possible for someone who was confined to bed to return to an active life? We can elicit people’s values on that too. One common method is to describe medical conditions to people — let’s say being a quadriplegic — and tell them that they can choose between 10 years in that condition or some smaller number of years without it. If most would prefer, say, 10 years as a quadriplegic to 4 years of nondisabled life, but would choose 6 years of nondisabled life over 10 with quadriplegia, but have difficulty deciding between 5 years of nondisabled life or 10 years with quadriplegia, then they are, in effect, assessing life with quadriplegia as half as good as nondisabled life. (These are hypothetical figures, chosen to keep the math simple, and not based on any actual surveys.) If that judgment represents a rough average across the population, we might conclude that restoring to nondisabled life two people who would otherwise be quadriplegics is equivalent in value to saving the life of one person, provided the life expectancies of all involved are similar."

Those are the words of Princeton "bioethics" professor Peter Singer in his recent "Why We Must Ration Health Care" piece in the New York Times.

President Obama comes from a similar school of thought -



I don't mean to say that these are easy decisions, but I certainly don't want bureaucrats making them.

Tuesday, July 21, 2009

Is Obama's Surgeon General Pick Too Heavy?

Fascinating -

Critics Slam Overweight Surgeon General Pick, Regina Benjamin

"'I think it is an issue, but then the president is said to still smoke cigarettes,' said Dr. Marcia Angell, former editor of The New England Journal of Medicine who is now a senior lecturer at Harvard University Medical School. 'It tends to undermine her credibility.'"

Tuesday, March 11, 2008

I Think This Is Campaign Issue #2 (After Iraq)

From Fortune Magazine -

Why McCain Has the Best Health-care Plan

"Here's where [McCain's plan] gets interesting. Employers would no longer be able to buy more health care with $9,000 of their employees' money than the workers could buy on their own. The raison d'ĂȘtre for corporate health benefits would vanish. Employers have another compelling reason to pass the ball to the employee: While wages are rising around 3% ayear, their health-care costs are growing at three times that rate. 'I predict that most companies would stop paying for health care in three to four years,' says Robert Laszewski, a consultant who works with corporate benefits managers. Hence, an employer that pays $9,000 for your benefits would simply pack an extra $9,000 a year into your paycheck. (Why? Because in a competitive labor market, companies would have to hand over that cash to employees or risk losing them.) So you'd have $6,000 after tax, plus the $5,000 family credit, to buy insurance. That's $11,000 in new cash that employees can set aside for health care."

"The [Democrat] standard benefits package isn't just a bad idea because it will substantially raise the cost to taxpayers. It will also make it virtually impossible for Americans to buy insurance tailored to their needs. Suppose you're one of those 25-year-olds. You probably don't want to spring for a full-blown plan that covers old-age diseases like Alzheimer's and would rather save some money and go with a low-premium, high-deductible plan. But the Democrat approach requires that any competing plans be "actuarily equivalent" (Clinton's term) to the federal employee plan - which translates as a generous minimum standard for health insurance. 'With that mandate, you rule out high-deductible plans,' says Gruber. 'It would make it very difficult to design one that would qualify.'"

"The Democrat proposals have some additional drawbacks. First, the Dems want to heavily regulate the insurance industry by limiting everything from profits to marketing expenses. If the earning power of insurers is determined by federal regulators, their pricing will be too, and thus they will evolve into the equivalent of public utilities. Would you rather have medical prices set by fiat or by nationwide market competition?"

"Second, the Democrat plan exacerbates the fundamental problem in the American health-care system, which is that no one has any incentive to care about price. (How much is that MRI center charging for your ankle scan? Who cares? Just hand over the $50 co-pay and never you mind.) Creating a huge new medical superstructure would shift far more spending to third-party providers, chiefly the federal government, giving consumers even less incentive to concern themselves with the price of an MRI - or any other service, from an elective wart-removal procedure to a life-saving heart bypass. 'The Clinton and Obama plans would enormously increase total health-care spending, but disguise the extra costs by shifting them to taxpayers,' says John Sheils of the Lewin Group, a research firm that does statistical modeling for health-care plans."