According to Wendell Potter a former CEO at Cigna he said at a leadership retreat that what kept him up at night was the fear that big health insurance corporations might someday be viewed as unnecessary middlemen, that their “value proposition” would come under scrutiny and found to be wanting. That insurance companies would, to use his term, be dis-intermediated.
Well finally after years of receiving healthcare that so many Americans could not afford, finally arrives! It begins with most of the attention being focused on the glitches that will inevitably occur when the switch is flipped and the long-awaited health insurance marketplaces (also called exchanges) finally go live.
What does this really mean to the consumer of such services and how will it affect the health care market as many companies vie for their share of a the huge financial rewards, as finally they find their way to the end of that rainbow, and reap the rewards from that elusive pot of gold!
This now expanding market will start to grow with many other companies joining the fray, looking for their share of a decreasing pot, so it will become a dog eat dog world the bigger fish devouring the littler fish ,until one we will have two or three massive conglomerates ,just like the bankers of wall street!
My own feelings are that what started off with a really good idea of providing health-care for all those that had never had it before, unless they could afford private healthcare, the true cost will be bourne out by the people who pay their taxes! Even though this is a little like the ” UK National Insurance Contribution” that many citizens argued about for years, but now wish that successive governments had not squandered their money ,in the name of “Private Healthcare” – so l feel this is really role reversal time!
So what of the future for this new system, nicknamed Obama Care, well maybe one day it could be a real legacy, that the Americans can look back at, and say well it really was worth it in the end!
I really hope so and pray that it does not get abuse by the money-making corporations, so much so that every service becomes a contract of making profit and not giving care ,as care should be applied, not just spoken!
Ask yourself this question – is not health a nation more important that wealth of a nation? As a healthy nation of happy and content people, will provide a better social environment and eventually God willing ,a wealthy and prosperous nation working together as one.
- Gov. Deval Patrick: Health Care Reform Works in Massachusetts and It Will Work in America (huffingtonpost.com)
- Insurers reportedly jumping on the Obama Care bandwagon in droves! (americanliberaltimes.com)
- What Is The Affordable Care Act? (evolutioneventsllcblog.wordpress.com)
- Caregivers Need to Purchase Health Insurance in 2014 or Pay Penalty (hhsgroup.wordpress.com)
- Individual and Family Health Plans (globalaib.wordpress.com)