Health Care Reform and the Unpopular T-Word

The many-headed Hydra, with breath poisonous enough to kill, is one of the more gruesome beasts in Greek mythology. In Hercules’s great clash with it, he would cut off one of its heads, only to have two more appear. No matter what he did, he couldn’t keep up.

You can think of Congress’s efforts to pay for health reform as being a little bit like a battle to slay a many-headed Hydra. Full Story »

Posted by Samuel W. Velsor IV

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Samuel W.  Velsor IV
4.3
by Samuel W. Velsor IV - Jul. 31, 2009

The use op-ed licensee is well done.

A good and correct pitch for taxing high level health care benefits is well and correctly put forth.

Health costs, on the other hand, are growing much more quickly than the economy. Over the last decade, the economy has expanded by about 20 percent, and health spending has ballooned 50 percent. The gap isn’t about to start closing, either.

In the case of health care, they buy — or their employer buys for them — insurance plans that don’t make much of an effort to control costs. Rather than putting pressure on hospitals to root out administrative waste, the plans cover the cost of that waste. They also cover the costs of brand-name drugs that are no more effective than generic alternatives and other kinds of expensive care that do little to improve health.

Very true and taxing the health care benefits makes the most sense, and it would not hurt the poor or small business firms.

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4.3

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