Barack Obama delivered his snake oil health scare plan to the University of Iowa Hospitals yesterday. It was long on baloney but short on specific details. ... You know, I hope that some day the United States will have a "universal, single payer" health care system. The "universal" should be cash money backed with a catastrophic insurance policy and the "single payer" is you. The days where employers are paying 70% to 90% of an employee's $10,000+ health insurance plan will eventually end. So will the idea that insurance should cover every little thing under the sun or that "co-pays" should be small amounts. ... We need to be getting back to the days where a family can buy a cheap catastrophic coverage plan, but fund regular ongoing expenses out of a Health Savings Account (HSA). Insurance was made to protect people from excessive financial liabilities, but it has been abused by individuals, health care providers, and the government.

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