04-25-2017, 07:20 PM
Rosario Manrique (NL)
Thank you Mr. Speaker.
I don't think there's any debate on the shoddy state of the healthcare system in Nyland these days. While our standard of care is excellent, the prices we pay as a nation are unsustainably exorbitant, a product of a broken insurance system taken advantage of by a bloated healthcare system driven to put profits over people. Year over year, medical corporations charge exorbitant prices to insurers, knowing that insurers will not pay those prices immediately, but use those prices when calculating payouts for the next year, leading to record-setting price hikes and premiums increases year over year.
Why do they do this? Because they know the government will pay, the insurance companies will pay, the people will pay. Healthcare has become a profit-engine for investors, rather than a service for public wellbeing.
But what can we do? The Medical Voucher Program instituted decades ago has proved invaluable in providing both affordability and choice for families' healthcare, but spiraling prices have already outpaced the program's payouts; the program's Emergency and Disability Health Fund is already burdened with unsustainable costs which are threatening to make the entire program unfundable and obsolete.
This crisis is at its boiling point and we must act.
That is why the administration, myself, and my colleagues have put forth this plan to stop the endless spiral of rising health costs, before our nation and are people are drowned by them. We are one of the few countries int he world that has historically refused to put forth price controls on drugs and medical services, and our people have suffered and are suffering because of it. By no means is this a perfect measure, or even perhaps the final measure, but it is a measure, and the best option we have to both preserve the innovation and quality of care that only a free market can provide, while ensuring affordable access to necessary healthcare for all our citizens.
Thank you Mr. Speaker.
I don't think there's any debate on the shoddy state of the healthcare system in Nyland these days. While our standard of care is excellent, the prices we pay as a nation are unsustainably exorbitant, a product of a broken insurance system taken advantage of by a bloated healthcare system driven to put profits over people. Year over year, medical corporations charge exorbitant prices to insurers, knowing that insurers will not pay those prices immediately, but use those prices when calculating payouts for the next year, leading to record-setting price hikes and premiums increases year over year.
Why do they do this? Because they know the government will pay, the insurance companies will pay, the people will pay. Healthcare has become a profit-engine for investors, rather than a service for public wellbeing.
But what can we do? The Medical Voucher Program instituted decades ago has proved invaluable in providing both affordability and choice for families' healthcare, but spiraling prices have already outpaced the program's payouts; the program's Emergency and Disability Health Fund is already burdened with unsustainable costs which are threatening to make the entire program unfundable and obsolete.
This crisis is at its boiling point and we must act.
That is why the administration, myself, and my colleagues have put forth this plan to stop the endless spiral of rising health costs, before our nation and are people are drowned by them. We are one of the few countries int he world that has historically refused to put forth price controls on drugs and medical services, and our people have suffered and are suffering because of it. By no means is this a perfect measure, or even perhaps the final measure, but it is a measure, and the best option we have to both preserve the innovation and quality of care that only a free market can provide, while ensuring affordable access to necessary healthcare for all our citizens.