Showing posts with label President Obama. Show all posts
Showing posts with label President Obama. Show all posts

Thursday, November 13, 2008

Health Care in Congress


With almost two and a half months until President-Elect Obama takes the Oath of Office, the U.S. Congress is already ramping up a number of plans to address the health care crisis.

Robert Pear of The New York Timesreports:

Without waiting for President-elect Barack Obama, Senator Max Baucus, the chairman of the Finance Committee, will unveil a detailed blueprint on Wednesday to guarantee health insurance for all Americans by facilitating sales of private insurance, expanding Medicaid and Medicare, and requiring most employers to provide or pay for health benefits.
President-Elect Obama's aides have stated that he welcomes congressional efforts and has encouraged that body to take the lead on this high priority issue. Sen. Baucus, who we have been following here for some time, calls for universal coverage as the final goal. He is not the only one drafting proposals of this nature, however; several others from his own party have ideas in the works as well.
Other Democrats with deep experience in health care are also drafting proposals to expand coverage and slow the growth of health costs. These lawmakers include Senator Edward M. Kennedy of Massachusetts and Representatives John D. Dingell of Michigan and Pete Stark of California.
While each proposal is going to be unique, Mr. Pear says that they will all be "broadly compatible," with the President-Elect's stated positions on the subject. The Baucus plan would go one step further with its universal coverage goal; President Elect Obama's approach would only mandate coverage for children.

It looks like we will be seeing a plethora of options presented soon, a huge step forward as we move towards Health Care Reform Now!

SOURCE: "Senator Takes Initiative on Health Care" 11/11/08
photo courtesy of Kimberlyfaye, used under its Creative Commons license

Monday, November 10, 2008

A Thought on Health Care Spending


As is needed in these troubled times, President-Elect Barack Obama is marshaling his forces for January 20 when he is is sworn into office. As that time approaches, it will be interesting -- as it is with any new resident of the Oval Office -- to see what elements of his health care platform will make it into actuality.

Our President-Elect certainly has an awareness not only of the importance of health care issues, but also an awareness of how important it is to his constituency. This is demonstrated by the amount of ad spending his campaign engaged in that addressed health care issues.

Via Jacob Goldstein on the Wall Street Journal (Oct 25, '08):

Barack Obama is going big on health-care advertising. He’s spent $113 million — 68% of his total TV ad budget — on commercials that include a health-care theme. Only 13% of John McCain’s TV ad spending has gone for health-related commercials.

By spending more than half his ad budget into health care, the Obama has created expectations that he will have to follow through upon. I predict we will be hearing a lot more about electronic health records soon!

SOURCE: "Obama Has Spent $113 Million on Health-Themed Ads" 10/24/08
photo courtesy of iChaz, used under its Creative Commons license

Friday, November 7, 2008

Post Election: Health Care and The Obama Administration


President-Elect Barack Obama will be taking the reigns on January 20, 2009. He takes office amidst a veritable hailstorm of crises: the financial meltdown, the housing meltdown, the wars, and, according to voters, health care.

Rebecca Ruiz over at Forbes brings us a recap of Obama's plans along with an examination of what the next steps will be and what direct effect we will experience. In one of the first of what will no doubt become an endless stream of speculation between now and January 20, she explores the pros, cons, and unknowns of the subject.

One particularly telling quote in her article comes from John Sheils, senior vice president of the Lewin Group, a health care policy research company in Falls Church, VA:

Sheils' analysis found that Obama's plan would decrease the number of uninsured by 26.6 million beginning in 2010. The estimated federal cost of enacting the plan is $1.17 trillion from 2010 through 2019. By 2010, annual spending on health care is expected to reach $2.7 trillion. But Obama's plan is expected to cut spending by $54.1 billion in the next decade. The savings are important, but regardless, the price tag is staggering.

Another thing that Sheils notes is that one crucial flaw remains unaddressed, a crucial flaw that George C. Halvorson has expounded upon in his most recent book: incentives. Currently, incentives in the health care industry are geared towards care services and procedures performed instead of being based on actual health results.

This article is particularly advised reading, especially for its last few paragraphs where Ms. Ruiz looks at the potential interactions on this subject once Obama is sworn in and the discussion moves to the floor of Congress.

On the whole, it seems like there is positive news in the wind.

SOURCE: "What Obama's Health Care Plan Means For You" 11/05/08
photo courtesy of realjameso16, used under its Creative Commons license

Thursday, November 6, 2008

The President Elect Faces Hard Work On Health Care


So history has now been made. On January 20, 2009, our 44th President will take his place as Commander-in-Chief. That man will be Barack Obama. With the vast majority of health care organizations backing his plan, and a seeming mandate from the people, he should be in a position to rapidly enact change, correct? Well.....no. Not really.

You see, like everything in life, health care reform is going to cost. With $700 billion recently allocated to the financial bailout, I would be willing to wager that purse strings are going to be a bit tight. Then you add in the $455 billion budget deficit. To be blunt, I think it could be a fight for every penny. Of course, the one thing that is a huge variable, as his winning campaign has shown all along, is President Elect Obama's seeming mandate from the people. How much leverage will that give him with Congress?

Maggie Fox, Health and Science Editor over at Reuters shares some optimism from the Senate floor:

But Senate Majority Leader Harry Reid predicted the momentum for change would be there. "We have no alternative," Reid told National Public Radio on Wednesday morning. "A wave of hope has swept the country."

Reid said Republicans would not dare to block legislation, given Tuesday's voter mandate.
The next few months are going to be very interesting....

SOURCE: "ANALYSIS-Even with mandate, Obama faces health care pain" 11/05/08
photo courtesy of EricaJoy, used under its Creative Commons license