Thursday, February 25, 2010

If I Had Been Invited To The Healthcare Summit…..

I’m a little disappointed that I wasn’t invited to today’s healthcare summit in Washington. Because it would have been interesting to get the perspective of some typical Americans, instead of a lot of Congressmen, Senators and federal executives – none of whom will have to participate in the very healthcare legislation they are discussing (because they have their own health benefits system - which is far better than anything they propose to leave with us).

Anyway, had I been given the privilege to attend and ask a few questions, this is what I might have said:

1) If 30 million more people will have health care coverage than the number who have it today, AND the system will be administered by the federal government, why should I believe the claim that it will get less expensive?

2) If our healthcare system is so broken, why did the Premier of Canada’s Newfoundland recently leave his country and fly to Florida to have heart surgery?

3) What do you say to the majority of Americans who don’t want government interference in healthcare? Do you believe you are smarter than they are? Is this representative government…or something else?

4) Should I dump my pharmaceutical stocks now? What if I work for a health insurance company – should I start looking for a new line of work?

5) How does the current trillion dollar proposal fit with the campaign promise to not raise taxes on anyone making less than $250,000 per year?

6) Is there any reason to believe that today’s session was nothing more than posturing in an effort to place blame on others when things turn sour later?

Interestingly, President Obama had a run-in with Senator Lamar Alexander about whether or not premiums would rise under the plan. The President said this was a great example of where people didn’t have their facts straight – and it turns out that he was the one who was incorrect (and he has apparently admitted it). See the video below.