There is no question that health care reform is needed. Is the answer the legislation that is scheduled to be voted on Saturday by the U.S. House of Representatives? Absolutely not.
If you disagree and support the mandates, fees and costs that will add $1.2 trillion (that’s "t" as in trillion) in debt, stop reading. If you don’t think those items should be part of the solution, let your congressional representative know today. The Indiana Prosperity Project has the details.
Why not H.R. 3962? The victims would include small business and their employees (both those who would lose their jobs as well as the ones remaining), insurers, health care providers, manufacturers of medical devices and more. Can we really deliver another devastating blow to companies that are still trying to recover from the recession?
Gov. Mitch Daniels wrote to Indiana’s delegation, saying, "The current House bill is the worst version yet, with truly awful consequences for Indiana." The Wall Street Journal calls the legislation "the worst bill ever."
If this is bad, what is good? Here’s a partial roadmap that should be followed:
The Indiana Chamber believes that, with a few simple reforms and changes in incentives for providers, that market forces will succeed in introducing more competition to the marketplace and ultimately driving down costs. The Chamber supports an approach where widely accepted reforms are passed first, instead of the "all or none" approach that attempts to force passage of controversial legislation (such as a public option). If, as President Obama has asserted, 80 percent of reform can be agreed upon, then it is these incremental, common-sense measures that should be pursued.
The Chamber supports reform that seeks: to foster and preserve efficient private insurance markets; to realign economic incentives from fee-for-service to outcome-based compensation for providers; to enhance the use of medical information technology; and to standardize insurance procedures, as well as introduce more competition between private insurers (e.g., selling health insurance across state lines). Decisions on treatment and coverage levels should be made cooperatively among patients, providers and insurers. Insurer scrutiny should ensure provider pricing transparency, best practices and the use of evidence-based medicine. Additionally, any real reform of the U.S. health care system must acknowledge and address abusive lawsuits and the rising costs of medical malpractice insurance.
The first step is to stop a very bad piece of legislation from emerging from the U.S. House. You can make a difference.