Archive for April 29th, 2011


U.S. Health Ins.–Pass A $100 Bill

The problem with the American health insurance system is that big insurance companies, big hospitals, and big government, all surrounded a great big conference table, exchanged big smiles and handshakes, and then agreed upon big premiums, big hospital bills, and big bailouts, but no one invited the forgotten little man, or has asked him what he thought.

I realize I am late to the table, but as that little man, I wasn’t invited. In any event, let me digress from the big plan, by interjecting a little idea. Let me start by saying: all of the big boys, with their big ideas, are wrong. The system needs to start with the little man. It must work from the bottom up, not the top down.

The first question in crafting an affordable health care system is: What can the little man afford? By comparison, auto insurance for me runs about $1,200 per year, or $100 per month. While it is much more expensive than it needs to be, it is affordable. It covers liability of $100,000 per person, and $300,000 per occurrence.

I propose a $100 Health Insurance Premium Act. The “$100 Bill,” as it would be known, would apply to all. A young single person would pay $100 per month for health insurance. A family of three would pay $300, and a family of four, $400, and so on.

By universally locking in the premium, all of the doubts and fears of the unknown cost of the health system would fade, and public approval would grow. Without galloping premiums, confidence would be restored. Employers would know their health care costs.

The next step would be for health insurance companies to collect the premiums and to calculate 20% off the top for all of their expenses, to be regulated and approved of by the government.

The third step would be for the government to mandate the coverage that must be provided, under all health policies, using 80% of the premiums collected. Minimum coverage would start at the bottom and work up, focusing on the most common or frequent health care needs, like semi-annual check-ups, sprained ankles, child birth, and so on. The mandatory coverage would stop at the point where 80% of the premiums are exhausted, since that is all we as a society can afford.

The “$100 Bill” would insure the greatest amount of good for the greatest number of people. Our objective as a society should be to provide health insurance to as many Americans as possible.

While some may fear that brain-dead persons in vegetative states will be unplugged from their life support systems, after time, they will stop being plugged-in, and the issue will become academic.

The nation cannot continue Cadillac health coverage, based on the price of a Chevy. We are going to have to end our long test drive with the Cadillac, and return to the days when Americans saw the USA in their Chevrolets.