Questions? Call today.
Health Insurance News

Hillary Clinton's Health Plan Won't Work

Hillary Clinton's Health Plan Won't Work

Health care and insurance issues have been at the forefront of the race for the White House in 2008. Hillary Clinton, Barack Obama and John McCain have all proposed different approaches to fix our broken system. In this series we will discuss the pros and cons of each vision. Read Why Hillary Clinton's Health Plan Will Work

Why Hillary's Approach Will Fail

Hillary Clinton's rhetoric states that no American will be denied insurance, renewal or gets priced out of the market, all while she decreases premiums. Remember that old saying, "if it sounds too good to be true, it probably is,"? First of all, her approach states that "individuals will be required to get and keep insurance in a system where coverage is affordable and accessible." I hope I'm not reading too much into this, but is she actually forcing all Americans to purchase protection? Those citizens that are insured because they choose to be, are they going to be forced into buying a policy? Is this even constitutional?

The Dark Side of Her Approach

She intends to use income taxes in order to finance her program. Does she intend to use existing taxes to fund her vision? Smart money would say she is going to have to raise taxes in order to implement it. The idea will eliminate the burden of care for some by increasing the burden of taxes for others. Is this really what we need in a time of bad economic conditions and skyrocketing gas prices? This initiative is projected to cost $110 billion; this is quite a bit of money for the state of the economy. Her idea is also set to be executed by the government. This means the government will have to pass off on all types of medical procedures. This could also cause you to be denied a medical procedure once the law takes effect, even if you were approved for the procedure pre-plan.

Copied Plan?

Seven months before she laid down her approach, former 2008 presidential candidate John Edwards laid out his own, which is remarkably similar to Clinton's. The visions are so similar that Edwards wife, Elizabeth Edwards, calls the plan "John Edward's health care plan as delivered by Hillary Clinton." When questioned about it a Clinton spokesperson brought up her "experience" when it comes to care. The campaign playing the "experience" card? Who would have guessed?

Next Step

About Health Insurance Health Policy Options Tips and Advice Industry News
Other Products