Polls show Barack Obama is pulling ahead in key swing states. Barring an epic collapse, he’s President. And that means next year’s healthcare debate will be about his plan.
We predict that the biggest battleground will be over Obama’s universal healthcare initiative, which calls for “a National Health Insurance Exchange with a range of private insurance options as well as a new public plan based on benefits available to members of Congress that will allow individuals and small businesses to buy affordable health coverage.”
Specifically, it’s the “new public plan” part that will generate the most heated debate, with free market advocates likely to line up against any expansion of the current Medicare system. But there will also be plenty of talk about whether we can afford any major healthcare reform, given the nation’s eroding balance sheet. The truth is that acting on healthcare reform will be a very expensive proposition. Failure to act could cost us even more.
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