Aug 08 2009

The Heritage Foundation Has Interesting Studies On Obama Care

The article at the Heritage Foundation is titled “Goodbye to Private Health Insurance”. After reading through the study that they commissioned http://www.heritage.org/research/healthcare/upload/Lewin_public_plan_national_all.pdf , I have to agree. Not only that, but I see hospitals going bankrupt, or out of business. The plan is based on stripping hospitals of their margin. Thus, no profit. If a hospital cannot make a profit, why be in business. After all, many hospitals are owned by corporations. Corporations are in business to make money for their share holders. If they cannot make money for the share holders, the share holders will cease to own shares in the corporations.

Now, some might argue that hospitals should not be in business to make money. But, many are. If they cannot make money, they go bankrupt. If they go bankrupt, what is going to take up the slack? What entity is going to treat the sick? I am definitely glad that I am not going through medical school at the present time. I do not think the future looks bright for people in the medical field.

And, it is a shame. We all know that health care costs are out of control. I’ll go into that in a later posting. For now, if you want to know what ObamaCare is going to do to health care in the United States, go to the Heritage Foundation web site and read their material. They also have studies that examine the effects of H.R. 3200 on a few specific states. They are interesting.

To see the whole web site, go to http://www.heritage.org/News/Obama-Health-Care-Plan.cfm .

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