Monday, August 24, 2009

Needed Health Care Changes

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Insurance and tort reform

There are two facets of the US health care system that could be changed without destroying what is otherwise the best health care system on the planet.

First, remove certain limits on health care insurance companies. At this time, they are not permitted to do business across state lines. Remove this restriction and prices will come down as companies compete [i.e., lower prices] for your insurance dollars.

Second, change the legal system. It is called tort reform. As noted in earlier posts, the medical community [i.e, doctors, hospitals, etc] spend billions of dollars annually on liability protection. Why? Ambulance chasing trial lawyers bring expensive law suits against doctor and hospitals for medical malpractice. These liability insurance premiums drive up the cost of medical treatment. Initiate tort reform and the cost of medical care will come down.

Third, we could also abandon the government health care system that our legislators have created for themselves. It is a ridiculously expensive system tailored to royalty.

There is no need to remake health care. First, fix these two things and see the cost of health care drop. If not, then work on other facets of health care. … the right jack
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