by Randy Shannon
September 15, 2009
In his message posted below Sen. Arlen Specter states his support for the hotly debated public option. The public option was originally proposed as a large inexpensive Medicare- administered plan to allow access to good healthcare for the 46 million uninsured and the millions of under-insured. As the White House slowly moves to accomodate the powerful corporate health insurance lobby, opportunists like Specter are climbing aboard offering support with qualifiers that further water down the public option.
Now the public option will only cover a few million persons. And if Specter has his way it will have to cost no less than what the private insurance companies charge. This means it will be unaffordable and offer no competition to hold down the cost of private insurance. The current legislation being considered does not control the rising insurance premiums. It does call for restraining the outlays for Medicare, even though Medicare is the most affordable and most efficient administrator of healthcare outlays.
The bill makes it a crime for an individual not to buy junk insurance. It’s no wonder that Wall Street is already celebrating the victory of health insurance reform over healthcare reform by bidding up the stock prices of their favorite insurance companies and hospitals.
In a recent Pittsburgh Post Gazette article, Congressman Jason Altmire is quoted saying that he will probably vote for the health insurance bill after he voted against it in committee. Mr. Altmire is a former lobbyist for the Federation of American (for-profit) Hospitals and UPMC. This is another sign that the bill will favor the large corporate entities such as UPMC and hurt the working people of the 4th Congressional District. http://www.post-gazette.com/pg/09256/997454-114.stm
See Specter’s message on next page…