Mitch Daniels makes some excellent points and suggestions for health care reform....
Congress could have done what Republicans should suggest now: Shift to a system that allows individuals—not businesses—to buy health insurance tax free. They could also create tax credits for buying health insurance based on income and health status to guarantee everyone coverage and encourage medical care and insurance competition. Republicans should push to lower barriers for buying insurance across state lines, create incentives for states to repeal mandates, and limit frivolous lawsuits that increase the price of insurance.
I like it. All politics aside, the problem is that this bill serves the notion that insurers are to blame for high costs, and therefore are the ones to blame for being unaffordable for the 32 million without health insurance. In reality, health insurance costs are a result of high medical costs. Consumers buy insurance to protect themselves in case something happens to them. If the original costs of medical services weren't so expensive to begin with, perhaps insurance costs wouldn't be so high.
This bill doesn't cut medical costs, it just penalizes health insurance companies. With that in mind, I have a hard time believing that this will do anything but have an adverse effect on our economy and our health care industry.
I guess time will tell.