Although not perfect, the United States of America has the best health care system in the world. This is the direct result of a market driven economic engine, which rewards innovation. Health care innovation has resulted in the creation of life saving procedures, treatments and medicine beyond anything previously known to mankind. At the same time, access to this incredible health care is still beyond the reach of some citizens and the financing mechanisms have become less efficient, due to government intervention, lack of consumer choice, and reduced competition.
I strongly oppose the irresponsible legislation passed by Congress and signed into law by President Obama. It expands government control over health care and unreasonably restricts free market mechanisms. Once fully implemented, this bill will cost over $2 trillion and still leave millions of Americans uninsured. To pay for this massive amount of new spending, the law cut over $500 billion from the Medicare program, which will impact Medicare beneficiaries’ ability to receive the services they need. Additionally, the bill increases taxes by over $500 billion, which will affect Americans at all income levels. Furthermore, this bill will lead to increased costs for Americans that have private insurance.
This catastrophic legislation needs to be repealed immediately. Health care reform needs to focus on ways to increase competition, empower consumers, expand access to insurance, and reduce burdensome legal and regulatory costs. We can do this by allowing businesses to band together to buy insurance, allow individuals to purchase insurance across state lines, and medical malpractice reform. If implemented in full, these practices will not only act to empower consumers, but will drive down costs by preserving the ability to innovate and drive healthy competition. From these savings, society and the market could afford to insure more Americans and truly bring health coverage within the reach of nearly every American.