Refund or Reform?

Growing healthcare issues are among the concerns for modern day Americans, but President Obama will announce on Monday that he has secured the commitments of several industry groups to control the growth in the cost of health care. This private sector pledge could reduce $2 trillion in health care costs over the next 10 years; there are six trade associations representing unions, hospitals, insurers and the drug industry on this commitment. Unfortunately the “How” is unclear as there are questions of where the ‘cost savings’ can be implemented, but the main difference is the contrast in health treatment: going for “better” care, as opposed to “more” care.

Better budgeting is the position that the Obama Administration is taking, as it should (in time) free up resources for other incentives; such as education. As of now, American families can look forward to an average annual savings of $2500. This is the first step to a modern healthcare system that can now accommodate more of the population.

The Obama administration is positioning health care reform as critical for getting the deficit under control; for freeing up resources for other initiatives, such as education; and for reducing the burden on American families.

"Reducing the skyrocketing cost of health care is the only way to create a health care system that works for all Americans; after all, what good is access to a system that we can't afford?" said the spokesman, AARP Director of Public Policy John Rother.