Wednesday, September 9, 2009

Obama's health plan defined and outlined

What do you think about President Obama's health plan? He states that although he isn't the first president to address health care reform, he is determined to be the last. You've probably read the story on CNN. What do you think about all of this?

Here's my favorite line: "No one should go broke because they got sick."

Medical bills continue to be a leading cause of bankruptcy for the aging community. I'm curious to see how this public option will impact existing plans such as Medicare and Medicaid. Insurance companies are probably starting to create some plans to downsize if they face some steep competition from the government. However, maybe the government option will flop if providers refuse to accept it. Then where does that leave us?

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