Argument paper, against Obamas health plan Essay

Argument paper, against Obamas health plan - Essay ExampleHowever, the so called reform will have far reaching adverse effect on the nations socio-economic features.To begin with, Obamas plan offers a existence insurance firm in the form of a cooperative which will command affordable health insurance coverage for all, irrespective of age, sex or risk factors (The Obama Plan). Obviously, a subsidized coverage option will enhance earthly concern interest, which is expected to beat private insurance companies. Since The United States spends a higher proportion of its gross domestic products on health occupy services, Mr. Obama thinks that his plan would help quite a little save considerable amount of their healthcare expense every year. Although it seems to be significant, the ultimate effect of premium deduction and subsidies inevitably result in value hike. The President puts an estimate of $900 billion as ten year cost limit for the proposed package whereas, experts believe that it would exceed $1 trillion (Pear R., Calmes J., 9 Sept., 2009)Mr.Obama reiterates that the public insurance will only be an option and people will have the freedom to choose private plan if they think it suits them. Although he says that the judicature will not administer the health care system, his plan has all features of single payer system. For instance, regarding the high risk pool he says for those Americans who cant get insurance today because they have pre-existing medical conditions, we will immediately offer low cost coverage that will protect you against pecuniary ruin if you become seriously ill. (Pear R., Calmes J., 9 Sept., 2009). Under this system people have almost complete medical coverage and free access to healthcare. This admission will plunge the public insurance firm into big loss.In addition, this concept of socialized medicine is against the social privileges of the U.S. citizens. Regardless of its high cost, the U.S. health care system is highly compete nt and people have the