EDITORIAL: Gov. Rick Perry wisely exhibits restraint in not speaking about public option
Saturday, Nov 07,2009, 10:11:37 PM Click:
Nov 07, 2009 (Fort Worth Star-Telegram - McClatchy-Tribune Information Services via COMTEX) --
Gov. Rick Perry is wisely holding his anti-Washington ardor in check by not ruling out the state's participation in a proposed government-run health insurance plan.
Several congressional versions of reform proposals would provide a government-backed alternative to private insurance. A Senate plan would allow states to decline to participate on behalf of their residents.
Perry, who has turned railing against the federal government into an art form, has cranked up the volume in recent months because a Democrat occupies the White House and because he is running for re-election against Sen. Kay Bailey Hutchison, R-Texas.
Both candidates are adamantly against the current legislation.
The governor calls the opt-out provision a "classic Washington bait-and-switch" because Texans' income-tax dollars would be subsidizing the federal plan regardless of whether the state participated.
Let us not forget that Perry accepted federal stimulus funds this year to help the state balance its budget, yet he was sharply critical throughout the process. Think Br'er Rabbit pleading with Br'er Fox not to throw him in the briar patch. It is unclear whether the opt-out decision would be up to the governor or the Legislature.
The public option has generated outsized political heat. According to the Congressional Budget Office, only 2 percent of insured Americans would participate in a government-run option.
The state's historically sparse approach to Medicaid and the Children's Health Insurance Program has prevented it from maximizing its federal share of public health insurance dollars. That, along with other factors, has allowed Texas to lead the nation in the rate of uninsured residents -- about 30 percent of adults under age 65, according to the Texas Medical Association.
As a result, the state potentially stands to gain the most from healthcare reform by lowering that rate and reducing the $1,800 surcharge each privately insured Texan pays annually in premiums to care for the uninsured.
Also, states opting out of the public option could put themselves at a disadvantage when it comes to attracting and retaining companies.
To his credit, Perry has been aggressive about wooing new business to the state. He often uses money from the Texas Enterprise Fund to sweeten the pot for corporations considering major expansions or relocations.
On Oct. 29, Perry announced that the state will provide $2.5 million from the fund so Nationwide Mutual Insurance Co. can expand its corporate operations in San Antonio, adding 750 jobs.
But funds aren't available for smaller businesses looking to start up or relocate in Texas. Access to a public-option health insurance plan could make a huge difference in their decisions.
The governor is wise to hold his tongue and watch reform legislation unfold before weighing in.
It is a long way to the finish line.
To see more of the Fort Worth Star-Telegram, or to subscribe to the newspaper,
go to http://www.dfw.com. Copyright (c) 2009, Fort Worth Star-Telegram, Texas
Distributed by McClatchy-Tribune Information Services. For reprints, email
tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax
to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave.,
Suite 303, Glenview, IL 60025, USA.
You may also be interested in:
- Industry Survey Reveals New Regulations Forced Life Settlement Companies to Stop Business in Several States
- Digital Insurance Touts High Ranking on Inc. 5,000 List
- Insurance Company to Buy 10 Percent of Kennedy Wilson
- AIG to Use Any Award From SICO Lawsuit to Repay Loans
- Aviva Appoints Chris Littlefield to U.S. CEO Post
Featured
Report: More NJ residents lack health insurance
Copyright: The Associated Press. All rights reserved. May This material may not
Gov't plan can coexist with private insurance
WASHINGTON_A new health insurance scheme called by President Barack Obama and
Healthcare Reform will Challenge Medicare-Eligible to
More than 600,000 seniors and people with disabilities will be required to
A.M. Best Revises Outlook to Negative for Universal
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co . has revised the outlook to
Some of some of the largest HMO Manage To increase
Despite half of health plans in Michigan recording lower net profit in 2008
MOST POPULAR
- Most Read
- Most Discussed
- Most Emailed
- A.M. Best Places Ratings of Forethought Life Insurance Compa
- A.M. Best Downgrades Issuer Credit and Debt Ratings of Jackson National Life Insurance Company and Its Affiliates
- A.M. Best Downgrades Ratings of Bankers Life Insurance Company; Revises Outlook to Negative
- Farmers Insurance(R) Named One of the 'Best Companies to Work For' in the Greater Kansas City Area
- Till Death Do Us Part; How second-to-die life insurance pol
- Chartis Charts Its Path Away From AIG
- A.M. Best Revises Outlook to Negative for AXA Financial, Inc
- Prepared Insurance Strategy Shaped by Florida Regulation, Rates
- Bank of America began to reduce the principal amount of mortgage loan modifications
- A.M. Best Downgrades Issuer Credit Ratings of Primerica Life
-
Fitch decline Attorneys' Title IFS to 'CCC' -
Research and Markets: European markets for claims management -
Allied World Reports Record Operating Results in Third Quarter 2009; 27.4% Increase in Total Book Value Year to Date; 11% Dividend Increase Announced -
Ind. teachers union to cover disability claims -
21st Century's Turbulent Year -
A Taxing Decision: What to do with your refund -
Graniz Mondal Inc. Enters Into Letter of Intent With DigiScreen Corporation -
Coalition Says Public Health Option Would Lead to Single-Payer System


Discuss this news
Click Here to see all comments