Affordable Health Insurance Reform Needs To Happen Now

Armen Hareyan's picture
Democrats unveil health insurance coverage bill
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The cost of the health insurance reform, which is a major stumbling block for moving through the health care in U.S. Congress has been thought out. The thought is that both inaction and action are going to be expensive. However, while both are expensive the current health care system is not working for 46 to million Americans for whom an affordable health insurance coverage is a dream.

The above said is just part of the problem of health care, but bringing solution and providing affordable health insurance coverage and quality health care to all Americans is another issue. The question is, will spending trillions of dollars on health care solve the problems?

Some observers say regardless of the fact if we embark on the expensive journey of a health care reform or no it still going to cost the society a lot of money. Just consider the current price of quality health care, doctoral visits, specialty visits and mounting hospital costs. The real question is who is willing to contribute to the system. We have some employers who do and some don't. Is it fair or no is a good question. On the other hand, if the system puts the burden of providing health insurance benefits on small employers, people will just refuse to open new businesses and be obliged to pay health insurance benefits for employees. We need a system that does not burden the small businesses, but that every employer pays its fair share, contributing to the health care system. Again I emphasize the fair share. How we can achieve it, is the work of the lawmakers to come up with a solution.

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The U.S. medical care system is one of the most expensive ones in the world, if not the most expensive health care system. But how can we make the health care and insurance coverage more affordable by raising taxes and bringing 50 million people into the system? Some experts say that we are already paying for those people. These people work, but they are not getting coverage benefits. So we need to bring everyone to pay their fair share of providing health insurance and care benefits to all.

Due to the pre-existing conditions individuals are changing doctors every day. We need a health care system where the health insurance providers are not decided the fate of patients driven by profits, but doctors and qualified medical professionals are doing so.

Today the House Democrats introduced a new health care bill, which President Obama indicated that he is backing it. According to the details published in the WSJ the bill would place a 5.4% surtax on individuals and families with annual gross income exceeding $1 million. Individuals and families with annual income between $350,000 and $500,000 would face a 1% surtax, and those making between $500,000 and $1 million a year would be hit with a 1.5% surtax. The proposed bill also includes the option of public health insurance. Republicans in the House and Senate have not yet shown much interest in providing public health insurance for the American individuals and families.

Written by Armen Hareyan

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