Dennis Hastert Quotes
But, if you don't like your current Rx coverage or don't have any coverage to begin with, you'll now have the choice to add this new affordable option to your current Medicare plan.
Hastert, Dennis. "Floor Speech on Medicare Prescription Drug Coverage." Congressional Record, 26 Jun. 2003.
A single payer system for health insurance saves an enormous amount of money—15 to 20 percent of all health payments made under all health insurance. However, this quotation from a leading Republican disclosed a split in the Republican Party. Many really would like the many billions of dollars that would be saved every year by having one organization pay all health insurance bills as Medicare did, but the large insurance companies, major contributors to Republicans, of course did not want to compete for the single payer where most would lose their administrative overhead and profits from the existing inefficient system. So austerity, normally a strong Republican principle, gave way to the profits of an important Republican contributor base.
Unlike most forms of insurance virtually everyone will have one or more claims and collect in his or her lifetime. Many of use will never have an automobile crash and collect on our insurance policy, but health is different in that we all change health status from well to ill at times and if we are fortunate we return to a state of wellness. But as Eigen observes, most of us who are tell are only temporarily well, With time our state will change to ill and if we are not very fortunate we will never use our health insurance as we will be dead. There is almost no way to age in a modern society without needing health care or funeral services, That is the consequence of the normal process of aging. So with health insurance schemes we, in effect, pass money from the living well to the living ill. So if health care costs increase fastr than inflation, which it has almost always done in the last half century, the temporarily well will be paying more and more. The only way to break that cycle is to somehow limit the cost increases of health care to that of the inflationary increase. Eigen has argued that most of us focus on the wrong problem--the details of the way the well pay for the ill, when the only soltuion is to reduce the rate of increases of health care costs. And there are only 2 ways to do that: Reduce the compensation for all the health care actors--physicians, nurses, other staff, hospitals, and manufacturers of medical equipment, supplies and expecially pharmaceuticals which have been increasing at the fastest rate of all or wer privide more and more effective prevention.
John Dennis Hastert is an American former politician and child molester who represented Illinois's 14th congressional district from 1987 to 2007 and served as the 51st Speaker of the United States House of Representatives from 1999 to 2007, the longest-serving Republican Speaker of the House in history. After the Democrats gained a majority in the House, he resigned and began to work as a lobbyist. He is the last Speaker of the House to not be a Catholic.
