Healthcare reform is a hot topic and needs to be addressed but, are the right people talking to each other? The cost of healthcare affects everyone’s ability to save, invest and impacts a businesses bottom line. How’s your bottom line going to grow if it’s constantly being drained by rising costs of healthcare? Either you’re an individual or self-employed person buying health insurance for you and your family, or a business paying for employees’ insurance. If you’re one of the growing population who do not have coverage, you live in fear of going to the hospital. This problem affects your ability to create wealth.

If the currently proposed reform bill is passed it will escalate the demise of what we know as the healthcare industry and here is why. Washington wants to force health insurance companies to freeze their rates and allow everyone access to coverage. If you understand how the insurance industry works you know that the rates are based on the ability to screen or select who gets coverage. If the bill passes, the insurance industry will quickly abandon the healthcare market forcing more people into the ranks of the uninsured.

Another section of the proposed healthcare bill will force employers to cover all employees. This increase in business expenses will cause struggling employers to take drastic steps to stay in business. One way to do this will be to reduce their workforce in order to comply with the new laws. The other way will be to cut wages and reduce benefits, putting additional burdens on the employee.

This rising number of unemployment, coupled with their inability to obtain insurance coverage, will soon crush the now over-taxed hospitals and health clinics. Plus, doctors will be seeing more and more patients who have little or no money to pay for services. In order to compensate, these doctors will shift those charges to people who can pay. Soon, many doctors will be forced out of business.

So what’s the answer? We need to get the right parties talking…not politicians. Why don’t we make the parties who provide healthcare to the people work it out? After all, aren’t they the one who charge the fees and set the rates? I say we get representatives from the health insurance companies, hospitals, doctors and drug companies into one room and lock the doors. We don’t let them out until they have agreed to work together and create a solution that provides healthcare to everyone at a reasonable cost and a fair profit to the providers.

Stop letting those grandstanding self-serving politicians and a Clueless President make matters worse by putting on this circus they call a hearing. We need to tell Washington to "fix the problem or find another line of work." Join the Rebellion!!!!

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This entry was posted on Monday, March 1st, 2010 at 3:35 pm and is filed under Uncategorized, Wealth Building. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.