President Obama outlined both the far-left and far-right positions on healthcare reform in a speech yesterday:
On one end of the spectrum, there are some who’ve suggested scrapping our system of private insurance and replacing it with a government-run healthcare system. And though many other countries have such a system, in America it would be neither practical nor realistic.
On the other end of the spectrum, there are those, and this includes most Republicans in Congress, who believe the answer is to loosen regulations on the insurance industry — whether it’s state consumer protections or minimum standards for the kind of insurance they can sell. The argument is, is that that will somehow lower costs. I disagree with that approach.
Compromise — and I’m just guessing here — would be something in between.
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eliminating the various state mandates and allowing insurance companies to compete across state lines would do much to drive competition in health care insurance markets and give consumers a better selection of policies that fit their needs. it would also drive down costs. many don’t look at this as extreme, it is just good economic sense.