last year, Americans on average saw their health care costs increase by 9.3 percent. That is on top of the year before where health care inflation ran at 12 percent. Today, we have 44 million Americans without health insurance and 32 million Americans who work full-time without health care. In fact, the problem with our health care system today is that many people with health care insurance pay an uninsured premium for those who work, but show up at emergency rooms without health care. Hospital costs are skyrocketing through the roof. We all pay for their health care, and they do not get it. What ails our health care system is that there is not enough competition. We need competition in pricing of prescription drugs where we have competition, where people can buy drugs in Canada, in Europe. That competition and choice would drive prices down. What we need to do for the uninsured is also create a competitive system. I have offered and will be offering soon a piece of legislation for a health care voucher for the working uninsured where they will get a voucher equal to the dollar amount of the tax credit the President proposed and buy into a subsidiary of the Federal employees health care plan.
Editor's note · Context
Addressing rising health care costs and the lack of insurance for millions of Americans.
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