Sunday, October 30, 2011

Romney care

Since Mitt Romney decided to run for president the Massachusetts State Health Care Plan he installed has come under scrutiny. The plans main benefit was that it increased the number of insured from 94% to 98% but at what cost. The first thing that happened was a shift of the cost of health care from the employer to the employee. Between 2005 and 2009 employer cost declined while employee cost increased by 21%. Individual bankruptcy filings increased by 35% from 2007 to 2009. Rising overall costs continued to increase and are expected to double in nine years. The people are wondering if the cost to insure that additional four percent was worth the benefit. Stay tunned!

No comments:

Post a Comment