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Tag: Heartland Institute

Dems' health care scheme expensive, inefficient, say local doctors and Free Market advocates

By Nick, Section News
Posted on Wed Jul 01, 2009 at 11:43:40 AM EST
Tags: Health care, single-payer, socialized medicine, Hoogendyk, Heartland Institute, AFP, Mackinac, Consumers for Health Care Choices (all tags)

Consumer driven health care isn't only better for your health, it's better for your pocketbook, too. That was the message delivered by a coalition of doctors and free market advocates who Wednesday convened in Grand Rapids a roundtable discussion about "the Future of Health care in America." The event was sponsored by Consumers for Health Care Choices, the Heartland Institute, Americans for Prosperity and the Mackinac Center for Public Policy.

According to Dr. Mark O'Brien, the status quo represents a true "us versus them" battle pitting responsible doctors and their patients against "big business, big government, big hospitals, big insurance companies and the big media."

Health Savings Accounts (HSAs) and Health Reimbursement Arrangements give health care consumers more control over how much is spent on their health care and how it is provided. That is in stark contrast with the current system where insurance companies and government providers often make the calls.

Medicare's current unfunded liability stands at $38 trillion, ore more than $335,000 per American household. More frightening, the Heartland Institute reports it is anticipated that Medicare will consume half the federal budget by the year 2035. Individual and corporate income tax rates would have to rise by 90 percent to finance projected Medicare costs through 2050.

The biggest reason? Neither the consumer nor the supplier pay any attention to the price.

Read on...

(2 comments, 642 words in story) Full Story

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