The Health Care Debate

I have been trying to avoid writing about the current health care issue on this blog. The key reason being that if I start writing I won’t be able to stop. I have been discussing this issue with my friends on my facebook page and the discussions often became quite passionate and sometimes quite heated too. The rumors, hear-says, myths and speculations on the healthcare bill have risen to a level that I doubt if ever happened before in American social and political life. Multiple bills have been floating in the Capitol and today Senator Baucus unveiled the so-called bipartisan bill (which apparently only one Republican Sen. Olympia Snowe is likely to support) which has no option for a public-option, requires families to contribute 13% of their income for health insurance premiums and imposes fines ($3800 per family) on those who do not purchase insurance. The bill does however impose some restrictions on insurance companies to prevent them from rejecting people with pre-existing conditions or from increasing the rates for people with serious illnesses. This bill, if accepted, would cost $856 billion over 10 year time.

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