Wednesday, September 30, 2009

30 September Class

We discussed whether the Olympics should be in Chicago in 2016; and the Post Office losing money and still paying workers to do nothing (thanks to Union Rules)

We spent most of the class discussing Health Care Reform:
Medicare/Medicaid (i.e. the govt) pays the least for services;
Insurance companies pay the middle amount;
Uninsured individuals pay the most.

What reforms could we consider without increasing the size/cost of Govt:
Mandating that individuals pay the same as insurance companies, not more
Allow insurance companies to compete across state lines
Give tax breaks to individuals buying insurance (not just employers)

Mixed feelings on this requirement:
Requiring companies to cover Pre-Existing Conditions.

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