Economy Down, Health Care Up

Stuart Altman, celebrity economist in health care, speaking here at the Estes Park Conference on Maui, says that a declining economy will kick health care way up the political agenda. He believes that the middle class are more concerned about health care than their paychecks. Sounds odd given that people won’t be able to pay for their coverage if they’re out of a job (and still have too many assets to qualify for Medicaid). Yet, his point speaks to the uncertainty and panic that can hit anyone when faced with the possibility of catastrophic health care costs. For many, you can always get another job; but getting health care coverage may be another matter altogether.

One Response to “Economy Down, Health Care Up”

  1. Michel Monette Says:

    Good for us we have Public Health Care here in Quebec. Some would like to privatise it as much as possible, but this is really not a good idea. US Health Care System (or should I say Systems) should be enough an exemple of what will happen if we let private insurance and private corporations invade our health care system.

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