Universal Health Care - Universal Health Care The Cure or...

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Universal Health Care: The Cure or Ailment By several measures, health care spending continues to rise at the fastest rate in our history. In 2007, total national health expenditures were expected to raise 6.9 percent, two times the rate of inflation. Total spending was $2.3 trillion in 2007, or $7600 per person. Total health care spending represented 16 percent of the gross domestic product (GDP). U.S. health care spending is expected to increase at similar levels for the next decade reaching $4.2 trillion in 2016, or 20 percent of GDP. In 2007, employer health insurance premiums increased by 6.1 percent, two times the rate of inflation. The annual premium for an employer health plan covering a family of four averaged nearly $12,100. The annual premium for single coverage averaged over $4,400. With the 2008 election coming in November one of the main democratic topics is, universal health care. The health care plans proposed by Senators Clinton and Obama are similar in many ways, but they differ in several important respects. The Clinton plan "mandates" health insurance for everyone. The Obama plan requires that all children have insurance, and subsidizes health care for other Americans who are presently uninsured. United States is the only wealthy, industrialized nation that does not provide a universal health care system. Why? Because the United States is a democracy which runs on the controversial economic/social system of capitalism, which encompasses a free enterprise and free market. The key here is “free,” when you have a system set up that has the “freedom” to fluctuate based on market equilibrium, when you artificial alter that equilibrium, such as universal health care, you have a system that is blemished. Institutionalizing a universal health care system would further exacerbate the existing health care problems while generating new ones.
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To find a solution to any problem one must be able to diagnose the problem and also diagnose the cause to further prevent reoccurrence. The problem is the case is the rise in the cost of health care. The cause is government mandated programs such as Medicate and Medicare which have done nothing but drive up prices so that the average person cannot afford decent health care. When the beneficiaries of such social programs enter the “medical marketplace,” they are spending someone else’s’ money. Though economic studies run by the NCPA and
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Universal Health Care - Universal Health Care The Cure or...

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