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This entry was posted on Friday, November 21st, 2008 at 9:11 am and is filed under Health Care, Small Business. You can leave a response, or trackback from your own site.
Written by Victoria Braden, CEO/President of Braden Benefits Strategies, Inc. "Experts in Small Business Healthcare Funding"
Small businesses hold your wallet – again!
Government take-over of the healthcare system in the United States could be a disaster for small businesses as they struggle with a difficult economy and now add the concern of even higher healthcare costs.
Under the current government healthcare run system (Medicare, Medicaid and Civil Servants & Military personnel retirement benefits) our government has an unfunded liability of $33.4 trillion for Medicare and Medicaid and another $23 trillion for Civil and Military personnel.[1] Let me repeat, $56,400,000,000 unfunded liability or $184,499 per citizen.[2]
Are we willing to turn over our entire healthcare system to a government that has proven they cannot provide for the current healthcare system and balance their books?
The State of Hawaii offered Universal Healthcare to children, the only State with such a program, and is dropping the program after just 7 months. The reason – COST.[3]
How is our government going to both manage and pay for Universal healthcare? What will the cost be? Are we willing to let government take over 16% of our GNP? With this track record?
Does the system need a major overhaul? Yes. Is the answer getting individuals even farther away from the cost of their medical care? No. The answer lies in basic American principals – The Free Market System.
[1] Financial Times 1/11/2008
[2] U.S. Census Bureau Current Population 11/19/2008
[3] Fox News 10/17/2008
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Helium
November 21st, 2008 at 9:56 am
The last thing I want is the government to oversee my healthcare!
Less government is best government. Such a shame that our leaders forget this when they head to Washington DC. The beltway mentality baffles me as I cannot comprehend how these elected officials forget basic economic principles.
November 21st, 2008 at 10:41 am
Just when I thought it could not get any worse…
Does anyone have a brain left in DC or do they lose it when they enter the city?
I pay 100% of healthcare costs for my 20 employees AND families AND other benefits that amount to about $1,200 a month. Does it help turnover? Yes and Yes. Am I happy about the 18% increase for 2009…NO and NO. Why don’t we focus on the insurance companies that pay 360 days in arrears and think nothing of it…and the fact that doctors are talking kids out of not becoming doctors because of these issues?
Yep…it all makes sense to me…perfect time to raise our taxes too.
In Pennsylvania, our idiot Governor just announced that we should not be whining about things since he announced a $1-3B deficit. Hey, but they are still taking their cost of living raises…tired of the egos and greed. Very tired.