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Thursday, August 13, 2009

Ed Koch: "will I be denied the right to spend my own money and my law firm's for unlimited coverage?

"I think most people would say that the President's standing with the American public has suffered as a result of his handling of health care policy. During the election, Barack Obama promised to speedily deliver universal health care. However, to date President Obama has presented no health care bill to the Congress and that legislative body has come up with a number of proposals for which he is being held responsible. Furthermore, the President has seemingly caved on important aspects of his health care agenda such as not restricting private insurance coverage and obtaining volume discounts from drug companies.
In order to keep costs from rising, most people acknowledge the need for some kind of limitations on spending. Rationing of public monies makes sense, e.g., should public monies be used to give a kidney or heart transplant to a 90-year-old patient, when it is necessary to reduce the costs of Medicaid and Medicare to keep them solvent? Both programs are totally government funded and operated. I would say no.Then the question becomes what about private funds being used by an individual willing to buy gold-plated insurance to provide unlimited medical expenditures for their health and survival? Should the government be able to limit such expenditures? My answer would be no."
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