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Health Care Summit

1 March 2010

Like many Americans I closely follow the ever changing health care reform debate. Selfishly, I am concerned about the impact on my family and on our business. I am of the opinion that no matter what happens our business will remain robust. I have not read or heard anything that will address the maldistribution of physicians and the overall imbalance of supply and demand.

I generally have little patience for the political rhetoric that is commonplace today in politics. Health care reform is full of rhetoric and clearly divided among party lines. Consequently most articles you read are “bent” one way or the other. I read one this weekend by David Brooks in The New York Times titled, Shockingly, the health care summit wasn’t as dull as expected, that was interesting and relatively balanced.

While I fundamentally understand the differences between the two sides I have yet to read something that simply and succinctly articulates the differences between the two approaches. Following is a paragraph from Mr. Brooks article.

“Both parties see the same problem. The system is a mess, with opaque prices and perverse incentives that mostly favor the insurance companies. But, as Yuval Levin has pointed out in National Review, the Democrats believe the answer is to create a highly regulated insurance system with inefficiencies eliminated through rational rules. The Republicans believe that the answer is to create a genuine market with clear price signals, empowered consumers and an evolving process.”

Compromise is difficult when you approach the same problem with two VERY different solutions. Time will tell…..

Bob

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