The rhetoric surrounding health care insurance from legislators has very stealthily transitioned from “Universal” to “Mandatory” and from “Health” insurance to “Medical” insurance. Does that mean there’s intent to leave non-medical providers out of any plan?
And the only focus now seems to be on “containing and lowering health carecosts”. But understand the facts. In addition to the citing high costs of services, there are a myriad of problems that need to be focused upon.
The problems include the high costs of a medical education. A good majority exit medical school (doctors & therapists, et.al.) with loans over $100,000 at 7%-10% interest rates. Now “contain and lower” the potential incomes of these professionals by drastically restricted and/or capping what they are paid for their services.
Now add in the costs of practice which only increase and the costs of living which only increase, on top of the costs of those student loans. How many people would remain in the medical professions? With great numbers leaving for higher paying professions, what would happen to the medical care system in this country?
Let’s not ignore skyrocketing health care insurance premiums, co-payments, deductibles; continually reduced or eliminated covered health care expenses; the obscenely high salaries and bonuses of health care insurance, medical equipment and pharmaceutical company executives; the extremely high commissions and bonuses health care insurance, medical equipment and pharmaceutical company brokers and salespeople get to sell their policies/products, plus their lucrative perks, like all expense-paid trips; the “incentives” these health/medical products corporations “extend” to providers, administrators and mangers of hospitals and clinics, to use their products.
It doesn’t take rocket science to come up with viable solutions that are not at the expense of just the consumer, yet have benefits for all involved.
As insurers readily place “caps” (limits) on the amounts they will pay for a particular health care service, limits (“caps”) should be mandated on the amounts the health insurance and products companies should be allowed to charge for insurance premiums and products.
Federal legislation could also mandate a new corporate tax on all health insurance, liability insurance and medical liability (malpractice) insurance companies, all hospitals, clinics and multi-doctor facilities that receive fees for policies, services, supplies, equipment, etc. A 1% “Mandatory Universal Plans Fee” levied onto corporate gross revenues over $500,000, all personnel salaries/incomes/commissions over $200,000, bonuses over $50,000 and all-expense-paid trips valued over $10,000, could go a long way in assisting the financial stability of health care insurance for all, with the revenues from this “M.U.P. Fee” used to subsidize Medicaid, Medicare & Universal Plans.
And mandating insurance corporations to form not-for-profit subsidiaries to offer health care insurance plans at reduced premiums for working and middle income citizens who do not qualify for Medicaid or Medicare plans would go a long way in this crisis.
The only way health care insurance is going to be made available in an equitable manner to all citizens, is if the playing field for contributing to it, paying for it and restricting “pay”, is leveled across the board. A common sense, common good, common contribution approach, with health care insurance and products companies contributing their fair share, needs to be applied if all citizens are going to get fair, affordable, complete “health” care insurance that covers all health care providers’ services in all health care disciplines, equitably.