The Battle Continues Over Health Care Reform
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The heath care reform debate continues to rage now that Obama has pledge to have a new policy enacted by October of this year.
The AP reported that,
"President Barack Obama and Democrats pushing to overhaul health care want to create an optional, government-run plan to compete with private insurers not replace them."
Obama was quoted as telling a health forum last week, "We're not suddenly just going to completely upend the system. We want to build on what works about the system and fix what's broken about the system."
The AP further stated that:
It’s been estimated that roughly $15 million has been spent on ads favoring the Democrats' push to revamp the health care system and $4 million to oppose it. Another $12 million has gone to ads generally favoring better health care — nearly all of it by the Pharmaceutical Research and Manufacturers of America, representing drug makers, which hopes its market will expand if more people have insurance.
While many agree that the health care system in general is in need of reform, many are in disagreement over how to revamp the system. Many Republicans question how much this plan will cost and where the money will come from, the LA Times reported that:
The promised change won't come without a substantial price tag, as new estimates from the Congressional Budget Office highlighted. Democrats had hoped to craft a bill costing less than $1 trillion over 10 years, but the office's analysis suggested that the cost of one Senate measure could be closer to $1.6 trillion and the other about $1 trillion.
On Wednesday, July 1st, President Obama held a Town Hall meeting on the matter to address the issue of health care reform and touched on the issue of cost. The meeting was held online and was open to the public. To review the transcipts and video of the meeting click here.