July 22, 2009 9:47 AM
- Text
Health Care: How's it Going to Affect Me?
I've talked to health care economists, health care providers, insurance and pharmaceutical industry insiders and Americans of all income levels to discuss the current debate about health care reform. The consensus is clear: we need reform, but I/we don't want to bear too much of the burden.
This morning on The Early Show, Maggie Rodriguez and I examined the impact on three types of people to illustrate how, depending on individual circumstances, health care reform may impact different segments of the population. The general categories were: the uninsured, the small business owner and the high income earner.
You can see how everyone agrees that action is necessary, but getting there involves a number of moving pieces. That's why President Obama plans to deliver a prime time press conference tonight to address health care reform. He's going to have his hands full selling the plan.
President Obama must explain how the plan can offer Americans more choices and more security; remain deficit neutral; and keep long-term costs down, especially after Douglas W. Elmendorf, Director of the Congressional Budget Office released a report noting that the current House plan does little to cut health care expenses. Elmendorf wrote that by 2019, the plan would result "in a net increase in the deficit of an estimated $65 billion."
In a preview of what we might expect to hear tonight, last night on The CBS Evening News, Katie Couric spoke to President Obama about his fight for health care reform. (Go here for the full interview.)
Watch CBS Videos Online
Read More:
Obama's Health Care Promises: Can You Really Keep Your Doctor?
Health Care Reform Cheat Sheet
© 2009 CBS Interactive Inc.. All Rights Reserved. This morning on The Early Show, Maggie Rodriguez and I examined the impact on three types of people to illustrate how, depending on individual circumstances, health care reform may impact different segments of the population. The general categories were: the uninsured, the small business owner and the high income earner.
You can see how everyone agrees that action is necessary, but getting there involves a number of moving pieces. That's why President Obama plans to deliver a prime time press conference tonight to address health care reform. He's going to have his hands full selling the plan.
President Obama must explain how the plan can offer Americans more choices and more security; remain deficit neutral; and keep long-term costs down, especially after Douglas W. Elmendorf, Director of the Congressional Budget Office released a report noting that the current House plan does little to cut health care expenses. Elmendorf wrote that by 2019, the plan would result "in a net increase in the deficit of an estimated $65 billion."
In a preview of what we might expect to hear tonight, last night on The CBS Evening News, Katie Couric spoke to President Obama about his fight for health care reform. (Go here for the full interview.)
Watch CBS Videos Online
Read More:
Obama's Health Care Promises: Can You Really Keep Your Doctor?
Health Care Reform Cheat Sheet
-
Jill Schlesinger Jill Schlesinger, CFP®, is the Editor-at-Large for CBS MoneyWatch. She covers the economy, markets, investing or anything else with a dollar sign. Prior to the launch of MoneyWatch in 2009, Jill was the chief investment officer for an independent investment advisory firm. In her infancy, she was an options trader on the Commodities Exchange of New York.
Follow on Twitter »
Add A Comment +
Popular Now in MoneyWatch
- 10 Best Countries To Live and Work Abroad
- 4 Things Not to Buy at Costco
- Top 10 Cities for Single Men
- Top 10 Places to Live in 2011
- Analysts: Europe bank run is under way
- Chilean copper giant Codelco CEO resigns
- Used Cars: 5 to Avoid (and 5 Better Alternatives)
- How to handle sexual misconduct at work
- Made in USA: 5 Great American Cars Made Here
- The holy grail of leadership
- Reverse Cell Phone Lookup Service is Free and Simple
- Injury forces Michael McKean out of Broadway show
- Doctors report rise in kids eating detergent packs
- 5 Things You Should Buy at Costco
- Can Tim Cook do what Steve Jobs couldn't?
- FACT CHECK: Romney off on Obama's love for unions






