Nov 12 2008
Health care reforms will be top priority
With the victory of Barak Obama in the US presidential race it is now the time when his election manifest will be studied much deeply and carefully so as to understand what his priorities would be during his tenure as the president of the United States of America. Health care seems to be very high in his listed priorities and surely will was a key issue during his campaigns too. so let us analyze as to what his health care policy looks like. On the basis of his campaign it can be deduced that the health plan as proposed by Obama would provide the citizens with the option of both a private insurance plan as well as a public insurance plan. The employees would have the option of either carrying on with the health insurance plan provided to them by their employers or to seek an insurance plan on their own from a private company or also they could avail the facilities of a public insurance plan which offers facilities which are currently being used by government employees. Also in plans in the set up of a national health insurance exchange which could help individuals and small businesses to buy public or government approved private health insurance plans at one place after they have compared all the available health insurance options. The insurance plan also has provisions of bringing about subsidies with the aim of making health insurance plans cheaper and affordable to a larger portion of the population and at the same time seeks expansion of the Medicaid program as well as the State’s children health insurance program. One of the most important changes that the plan aims to bring in the prevalent health insurance program both in the public as well as the private sector is to remove the clause wherein people were either refused a health insurance cover or got it along with exorbitant charges in situations where the applicant suffered from health conditions. This ambitious health insurance plan proposed by Obama is expected to cost about $60 billion per year. Obama plans to fund this plan in part by bringing in a roll back on the tax breaks for American households which had an income of more than $250,000.