When examined through the lens of a jobs bill, the current healthcare proposal can be viewed only as an impediment to job creation, at best, or a job killer, at worst. The reason for this conclusion is the current healthcare proposal will result in increased deficit spending due to unfunded tax credits and health insurance purchase subsidies, and health insurance premiums will continue their upward march.
Healthcare occupies a place in the economy that it did not 30 years ago because we have allowed ourselves to pay far too much for it. This is not the fault of the insurance companies. It is because the cost of healthcare continues to rise unchecked.
Of course, there are other contributing factors, but the rising cost of healthcare is the underlying driver. The only healthcare bill worth considering is the one that caps and reduces the cost of healthcare. All others are exercises in futility that will serve only to make a bad situation worse. To have a viable jobs bill that will foster not only job growth, but also strong economic growth across the economy, it is essential that the cost of healthcare be addressed.
David S. Cluley
PresidentMichigan Association of Health UnderwritersGrand Rapids, Mich.
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