Some insight on health care
July 18, 2009
Over the last couple of weeks, the Pitkin County Republicans have sponsored two important free events open to the public. The audiences were bipartisan, and the lively discussions that took place between speakers and those in attendance demonstrated the keen interest of the public in the issues. To judge by the coverage in the local Aspen papers, these events never took place.
The first program, Consumer Finance in 2009 – The Law of Unintended Consequences, featured Mary Bush, an expert in finance and a former senior federal government finance official. She spoke about recently enacted and proposed legislation intended to protect consumers. As Bush pointed out, the legislation is likely to hurt consumers by restricting credit availability.
The second program covered health-care reform. Sheila Burke, a member of the faculties at Harvard and Georgetown, former chair of the board of the Henry J. Kaiser Family Foundation (no relationship to the HMO of a similar name), and a member of the Kaiser Commission on Medicaid and the Uninsured, gave an overview of current proposals in Congress. Steve Hyde, a health-care entrepreneur, former chief federal HMO regulator, and author of the recently published book “Cured! The Insider’s Handbook for Health Care Reform” (2009, Hobnob Publishing), presented his recommendations for a sensible approach to health-care reform.
Based on their presentations, it is clear that none of the proposals under current consideration in Congress will solve the problem of spiraling health-care costs, but will burden the economy far into the future.
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