Popular Searches:  AIG  china  sunamerica+aig  LIFE  financial  health

Will Breakneck Pace Doom Needed Reform?

 

Thursday, Jul 30,2009, 9:40:48 AM   Click:

To borrow a phrase from Winston Churchill, it is fair to say the health care reform drive, if not at the beginning of the end, is at the end of the beginning.

As congressional panels move quickly to pass reform legislation, our previous enthusiasm about the way the Obama administration and key lawmakers were approaching the issue has diminished.

Our disappointment centers on several fronts. Following the path the Clinton administration took in its failed attempt to win approval of its reform plan in 1993, key congressional Democrats are making little effort to modify the legislation to win Republican support.

Not a single Republican member on the three congressional panels that approved reform bills last week voted in favor of the legislation.

The flaws in a partisan approach are obvious. For one, given that neither party has a monopoly on good ideas, it almost certainly ensures that if a bill is passed, it will be flawed, probably in major ways.

We also are appalled at the brief time—a few days for the House panels—legislators are taking to examine the bill before voting. The House bill is more than 1,000 pages. We don't believe that is enough time for any legislator to give a bill this large and important the scrutiny it deserves.


The Obama administration is not without blame, either. It has been pressing its allies in the Senate and House to approve measures before the August recess so a final bill can be signed in October.

Why the rush? The reason, we surmise, is the administration and reform backers in Congress fear that, with more time, opponents will be able to muster more opposition and perhaps defeat the legislation.

To that, we say: If the legislation is so well-drafted, allowing more time for an examination of it will increase, not decrease, support.

We fully believe the nation's health care system is badly in need of reform. But a partisan bill passed at breakneck speed is not the way to make sure a reform measure will not do more harm than good.

Copyright 2009 Crain Communications Inc. All Rights Reserved.

  • Print

You may also be interested in:

Discuss this news

Click Here to see all comments
Please aware of self to obey the Internet related policy laws and strictly forbid to release porn, violence.
Appraisal:

Name:

Email:

Content:

Featured

HAMILTON, BermudaThe proposed merger between Bermuda-based rivals IPC Holdings Ltd. and Validus Holdings Ltd. is expected to create a financially stronger global reinsurer with a major presence in

Combined IPC, Validus has cons: Analysts

HAMILTON, BermudaThe proposed merger between Bermuda-based rivals IPC Holdings

HAMILTON, Bermuda--(BUSINESS WIRE)-- Assured Guaranty Ltd. (Assured) (NYSE:AGO) today announced that the underwriters of its previously announced common share and equity unit offerings have

Assured Guaranty Ltd annonce l'exercice des options de

HAMILTON, Bermuda--(BUSINESS WIRE)-- Assured Guaranty Ltd. (Assured)

TALLAHASSEE - Florida moved a little closer to reducing its financial vulnerability to hurricanes on Tuesday, although critics warned that the taxpayers and insurance policyholders remain liable for

In a Quiet Storm Season, State Debates Insurance

TALLAHASSEE - Florida moved a little closer to reducing its financial

Chinese insurance companies are expected to keep their investment yield at a high level in the fourth quarter of this year, in view of the turnaround of the stock market and the rise of bond yields,

CHINESE INSURERS TO REAP HIGH INVESTMENT YIELD IN Q4

Chinese insurance companies are expected to keep their investment yield at a

Allied World Assurance Company Holdings, Ltd (NYSE: AWH) today reported net income of $200.6 million, or $3.83 per diluted share, for the third quarter of 2009 compared to a net loss of $46.4

Allied World Reports Record Operating Results in Third

Allied World Assurance Company Holdings, Ltd (NYSE: AWH) today reported net

Copyright 2009 Gannett Company, Inc.All Rights Reserved USA TODAY April 7, 2009 Tuesday FIRST EDITION SECTION: MONEY; Pg. 7A LENGTH: 585 words HEADLINE: What workers can do before cuts are made

What workers can do before Cuts Are Made

Copyright 2009 Gannett Company, Inc.All Rights Reserved USA TODAY April 7, 2009

MONTREAL, QUEBEC -- (MARKET WIRE) -- 06/22/09 -- Graniz Mondal Inc. (Graniz) (NEX BOARD: GRA.H) announces that, after having entered into a non-binding letter of intent as disclosed in its press

Graniz Mondal Inc. Enters Into Letter of Intent With

MONTREAL, QUEBEC -- (MARKET WIRE) -- 06/22/09 -- Graniz Mondal Inc. (Graniz)

MOST POPULAR