5 freedoms you’d lose in health care reform
5 Freedoms is a report from Fortune magazine. It spells out in detail the consequences of Obama’s new socialized health care plan.
Choose what’s in your plan
The bills in both houses require that Americans purchase insurance through “qualified” plans offered by health-care “exchanges” that would be set up in each state.
The rub is that the plans can’t really compete based on what they offer. The reason: The federal government will impose a minimum list of benefits that each plan is required to offer.
choose high-deductible coverage
Hundreds of companies now offer Health Savings Accounts to about 5 million employees. Those workers deposit tax-free money in the accounts and get a matching contribution from their employer.
“The government could set extremely low deductibles that would eliminate HSAs,”
keep your existing plan
… for Americans in large corporations, “keeping your own plan” has a strict deadline. In five years, like it or not, you’ll get dumped into the exchange. As we’ll see, it could happen a lot earlier.
choose your doctors
The Senate bill requires that Americans buying through the exchanges — and as we’ve seen, that will soon be most Americans — must get their care through something called “medical home.” Medical home is similar to an HMO. You’re assigned a primary care doctor, and the doctor controls your access to specialists.
be rewarded for healthy living, or pay your real costs
… community rating requires that all patients pay the same rates for their level of coverage regardless of their age or medical condition.
the bills would bar rewarding people who pursue a healthy lifestyle of exercise or a cholesterol-conscious diet. That’s hardly a formula for lower costs.
The Bottom Line
This government-mandated plan will increase costs, not lower them.
It will make it harder for patients to get to specialists, or to get some tests – like MRIs.
It would eliminate employer-provided health care insurance. After five years, companies won’t be able to do that – they’ll have to provide only the plans approved by the government.
This is a bad bill. It’s being rushed through in the hope that we won’t know the consequences until it’s too late.