How is Obama's New Health Care Plan Benefit the Economy?

Question

Well, I've been researching for hours and I can't find out how the new health care plan might help the economy.

There has to be SOME way it is. I'm actually against this new health plan, but it's for a report and it tells me to make the connection between this plan and supporting the economic system.

Please help? It's late and I've been working for awhile now.

Thanks.

xoxox
Drayven

Answer 1

The already corrupted economy should be the least of your concerns- why cry for the Insurance entities that have been reaming us for decades? How about finding a way to create a better health care system for the sake of all Americans? 60% of all private bankruptcy involve health care costs- a system that is increasingly less likely to care for the common individual. I too am against ingrained interests that have as their model the maximization of profit over that of human life. It is high time that we differentiate between the two.

Answer 2

it's not...

taxes will skyrocket, insurance companies will fold, doctors will retire and lines for health care will fgrow exponentially...



now while everyone wants to make things better, 'reform' the problem is the peole in charge now know that the plans they have will back fire so there is arguments all over the left and finger pointing towards the right becasue they want to share the blame when it fails. the repubs have tried to get reform passed and things that would actually help, like portability and tort reform have been voted down in the past, even by obama, but are not a part of any plan now being considered.



many facets which are part of basic economics are being overlooked on purpose. if there is a government option and people are required to carry insurance to level mandated by the government, people who have no need or those who have what they think is sufficient, or even those who buy more insurance for a reason will all be punished. further those who find that they can no longer afford their oown policy and the higher taxes for yours, will eventually revert to the govt plan. this will in turn drive ins companies out of business, make more doctors want to retire, and fewer potential doctors enter medicine. this will cause greater strain on an already tenuous situation...

Answer 3

it has both beneficial and detrimental effects. I'm not sure which one is heavier but here is my understanding.



The current population not insured now is still receiving healthcare, for that the government (actually taxpayers) are paying for it through government anyways, and people who have insurance are paying higher premiums. So if you make everyone have insurance, the government still spends money but those of us with insurance won't have higher premiums and copays (in theory, not sure exactly since the healthcare bill hasn't been finalized). The economy is aided as consumers will spend as though their healthcare costs are fixed, rather than save because healthcare is always rising. Again, in theory. However insurance jobs will be shed due to the healthcare bill, thus increasing the number of unemployed people in the workforce, who now MUST carry insurance or be fined. tough cookies ya know?

Answer 4

I'm against it!! You won't be able to choose your own doctor or medication, the government will have control. I'll pay for it myself if i need to visit a doctor.. I'm in the medical field and i'm guessing i would eventually be out of a job later on... I'm sure i sound crazy

Answer 5

Ummm, less dead and bankrupt people?