Remember last month, while Wall Street pissed its $three,000 pants (COME ON!) over the possibility of Medicare for All? Well, the pants are actually bone-dry and the bankers inner them are soothed. Jim Cramer, a shouty guy with a suspect past and a negative document, had a reassuring sentiment for the elite closing night: Don’t fear about your healthcare stocks, because Joe Biden has were given this locked up, and he’s no longer going to fuck with you.
As CNBC mentioned, Cramer stated remaining night on his show that it became “obvious” the health insurance industry could be fine after Joe Biden introduced his 2020 marketing campaign:
“Overnight, it has become safe to own the controlled care stocks again. Don’t worry, it’s now not too overdue. The political hazard changed into maximum decreased,” Cramer stated. Pointing out that the Democratic leadership in Congress is likewise against an unmarried-payer gadget, “with Biden leading within the polls, it’s more apparent that the health insurance business could be simply nice.”
(Managed care is the maximum commonplace sort of medical insurance, where sufferers are restricted to networks of doctors, and is increasingly more used with kingdom Medicaid plans.)
Cramer additionally cited that Biden’s frontrunner reputation is “top news” for huge pharma and sanatorium chains. He’s not incorrect! Biden is certainly against Medicare for All, instead favoring a public choice and making weird comments approximately how businesses shouldn’t be permitted off the hook for deciding to buy medical insurance.
Democrats can make their personal selections within the number one for any cause they prefer, and they will. Many of them appear to be guided via fake notions of electability; but in line with the New Republic, the Progressive Change Campaign Committee’s Adam Green stated his organization’s inner polling revealed: “barely a majority of Biden’s own current supporters trust he would be the first-class Democratic president.”
I don’t in my view believe that Biden is this sort of sturdy frontrunner that nothing can knock him off. It’s early; no person is aware of what the fuck will appear. But I recognize one thing: The people who are most inquisitive about Biden prevailing aren’t your common Democratic number one electorate, who’s spoiled for desire this 12 months and have favorable opinions of most of the applicants. The individuals who most need to look him win are medical insurance, health facility, and pharmaceutical executives, who need not anything extra than to silence all speak of Medicare for All, and the people who are maximum heavily invested in those companies’ persevered achievement—which means that persisted profiteering off the ache and death of ordinary Americans.
Basically, if you’re searching out a way to decide which Democrat could be best for America, picking someone Jim Cramer wouldn’t like is a superb guess. Why are Americans so worked up about health care reform? Statements such as “don’t touch my Medicare” or “everyone should have access to state of the art health care irrespective of cost” are in my opinion uninformed and visceral responses that indicate a poor understanding of our health care system’s history, its current and future resources and the funding challenges that America faces going forward. While we all wonder how the health care system has reached what some refer to as a crisis stage. Let’s try to take some of the emotion out of the debate by briefly examining how health care in this country emerged and how that has formed our thinking and culture about health care. With that as a foundation let’s look at the pros and cons of the Obama administration health care reform proposals and let’s look at the concepts put forth by the Republicans?
Access to state of the art health care services is something we can all agree would be a good thing for this country. Experiencing a serious illness is one of life’s major challenges and to face it without the means to pay for it is positively frightening. But as we shall see, once we know the facts, we will find that achieving this goal will not be easy without our individual contribution.
These are the themes I will touch on to try to make some sense out of what is happening to American health care and the steps we can personally take to make things better.
A recent history of American health care – what has driven the costs so high?
Key elements of the Obama health care plan
The Republican view of health care – free market competition
Universal access to state of the art health care – a worthy goal but not easy to achieve
what can we do?