Thursday, September 10, 2009

Healthcare

I watched the speech by the president last evening on Health Care and thought he did a pretty good job at addressing the issue. I've heard from some of the fox news drones in my office that if the government gets into health care then private insurance will fold up its tent, my response back is are you kidding me? These insurance companies aren't going to give up this cash cow they have, they won't just walk away from billions in profits. They'll bitch and moan but in the end they'll still be there making a little less money which translates to lower premiums for all. I've been involved in health care coverage decisions in my last three companies I've worked for and I've seen how over the past 15 years the price of health insurance has increased by anywhere from 10% to 20% per year, yes PER YEAR, do the math and health care premiums have more than tripled during the past 15 years. Most employees have no idea how much their insurance costs because their employer has been absorbing most of the cost. People wonder why they can't seem to achieve the American Dream anymore, ITS HEALTH CARE! Your employer can't give you a raise because the health care premiums, are your raise. If we can rein in the insurance company profits, hospital profits and doctor profits maybe the rest of us can get back to realizing the American Dream once again.

On a lighter note check out this Onion article on health care.

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