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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Schuh who wrote (13706)	11/7/1998 5:12:00 PM
From: Les H	Read Replies (1) \| Respond to of 67261

There's really no advocacy for catastrophic health insurance unless one substitutes the medical savings account advocates. There's less money in catastrophic insurance for insurance companies, the government, and medical service providers since demand would drop. It would also be more difficult to defraud. The 1994 health care plan was not a national health plan. Corporations, unions, and networks of small employers could set up plans to self-insure and to avoid subsidizing the government. Government employees were exempt as well since they're covered under preexisting union contracts. It harks back to Social Security which was opted out of by federal employees, state employees, and other unions. Clinton's plan was a 8% payroll tax that would be great for retirees living off assets and muni bonds. Within two decades, it would've probably been 15%. As for the other countries with national health care plans, look at their unemployment rates. At the low end, their unemployment rates are 10-12%. Since the late 60's, unemployment rates seem to trough at higher levels in each expansion.