Thursday, September 1, 2011
Health Care Reforms
Obama Care means more people, including those with medical problems, could get all inclusive health coverage — (analyst say about 30 million more by 2013) which means demand increases drastically where as McCain’s plan would add about 4.5 million more . Looking at this issue from a pure supply and demand vision adding new members who can get coverage can be good for insurance business though the policy to insure people with preexisting conditions could drive the price up for everyone. Ideally more business should drive the insurance companies to get more customized health care plans at a lower cost rather than having pre cut plans which would does not suit everyone but we will have to see how the insurance sectors behaves this time.
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