The Medical Establishment Took The Treasury’s Keys

According to Uwe E. Reinhardt, an economics professor at Princeton, about half a century ago, organized medicine and the hospital industry in this country struck a deal with Congress.

In retrospect, it was as audacious as it was incredible: Congress was asked to surrender to these industries the keys to the United States Treasury.

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Kansas Representatives Praise Stripped-Down Healthcare Plans

The Topeka Capital-Journal posted a story yesterday saying that David Powell and Beverly Gossage praised Kansas’ Legislature for passing of a bill that will open the state insurance market to stripped-down health plans.

Both candidates are vying to replace Sandy Praeger in 2014. According to them both, “Mandate Lite” policies will combat the Patient Protection and Affordable Care Act — otherwise known as Obamacare.

Ironically, the law wasn’t even written to battle Obamacare. According to Powell, a Republican who helped draft it, the idea originated much earlier. He said, “I wrote this law in 2008 based on my concern that the direction our health insurance rates were going (up) in Kansas would hurt our citizens and businesses.”

Supporters believe this new Kansas law will make insurance more affordable, especially for young, healthy Kansans. It will allow them to opt out of coverage for things like diabetes care, allergy treatments, prostate screenings and mental services. These services are known culprits of high-cost insurance premiums.

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