Kerry Was On to Something and the Big Three Automakers Get It
November 24th, 2006 @ 12:47 am
Last week when the Big Three automakers paid a call on George W Bush they wanted to talk about the woes of the auto industry. “Among their complaints,” Scott Lehigh notes in the Boston Globe, “The heavy healthcare costs they shoulder are hindering their ability to compete.” Their idea for a solution didn’t interest Bush much, but Lehigh suggests, “Nancy Pelosi and Harry Reid should sit up and take notice.” Indeed they should…
And what did they suggest by way of a solution? Something John Kerry proposed during his presidential campaign: a reinsurance arrangement to pay for chronic or catastrophic healthcare costs, thereby effectively taking those cases out of private health-insurance plans.
“One possibility they discussed conceptually was a pool to address the disproportionate costs associated with those who have chronic or serious illnesses,” says Greg Martin, Washington spokesman for GM.
Not that anyone mentioned Kerry’s name in the West Wing confab; that would have been impolitic indeed.
But certainly the Massachusetts senator is the one that nostrum is most associated with.
In his 2004 campaign, Kerry called for having the federal government pay three-quarters of the additional expenses for patients whose healthcare costs exceed $50,000 a year, provided savings from that cost relief helped reduce employee health-insurance premiums.
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http://blog.thedemocraticdaily.com/?p=4825