Health Care Reform: Losing More Than You Think Essay -- Health Care

President Obama has made healthcare reform a priority since the beginning of his presidency. Obama wants to implement a system similar to Medicare. As defined by Dictionary.com Medicare is: â€Å"a U.S. government program of hospitalization insurance and voluntary medical insurance for persons aged 65 and over and for certain disabled persons under 65†. This government based health insurance would still allow private insurance companies to stay in business. Another way Obama wants to change the health insurance companies is to expand coverage and improve the care given. What this means is people with cancer could possibly get health insurance in a case where no one else would cover them. This will also help to lower insurance plan costs. There are pros and cons to Obamas healthcare plan, but it might not be worth the cost or the problems to try and enact it. Under the government plan, businesses would be required to pay a fee for subsidizing insurance, or they would be required to supply mandatory healthcare for employees. If mandatory healthcare laws were required, it would raise the cost of hiring new employees and would possibly limit employers from hiring new prospects. Every American would be required to buy insurance based on the government’s idea of â€Å"acceptable insurance.† Even if people were happy with their current insurance, they could be forced to change policies if their current insurance policies do not meet the government’s â€Å"acceptable† standards. This could put Medicare in competition with private insurance companies. People would be able to choose taxpayer-subsidized plans or private insurance, but subsidies and cost-shifting would make the government plans ultimately have more appeal. Through government research st... ...people will suffer the consequences of an inferior health system if the government enacts Obamas proposed healthcare system. Works Cited Coffin, Bill. "Bad Medicine." National Underwriter / Life & Health Financial Services 115.4 (2011): 16. MasterFILE Complete. Web. 25 Mar. 2012. Jeffrey B. English, M.D. "2011: Health Insurance Increases, Obamacare Responsible." Basil & Spice 14 Sept. 2010: Newspaper Source Plus. Web. 25 Mar. 2012. "Medicare." Dictionary.com Unabridged. Random House, Inc. 08 Apr. 2012. . "Mitt Romney Says 'Flawed' Obamacare Should Be Rejected. (Cover Story)." Human Events 65.28 (2009): 1. MasterFILE Complete. Web. 25 Mar. 2012. Tanner, Michael. "OBAMACARE: Seven Bad Ideas For Health Care Reform." USA Today Magazine 138.2770 (2009): 14. MasterFILE Complete. Web. 25 Mar. 2012.