Letter to the Register Guard
by Lou Sinniger, HCAO Eugene
May 3, 2015
This letter is in regards to a brief article in the RG May 2 2015 “Health Insurers seek big rate increases.”
Moda Health, which signed up over 100,000 individual Oregon plans covering half the market, raised rates 25.6%. This is the company that bought the naming rights for the Blazers basketball arena for $40M. That money came from health insurance premiums. Other plans increased 37.8% and 38.5%. Kaiser, in the meantime, a plan that provides integrated care, not just insurance, is decreasing its premiums by 2%.
The Affordable Care Act was instrumental in getting more people on health insurance. But as we can see it is not curbing the cost of care in the country.
What happened to the idea of providing health care to people? Instead we provide health insurance conglomerates a means to make extreme profits at the expense of people and businesses.
How is it we can provide Medicare to millions of people who are 65 or older and the one segment of our population needing the most care but cannot provide care to the healthiest portion of the population? Medicare is publicly funded, privately delivered health care. Not health insurance.
Medicare is celebrating its 50th Birthday this July 27. Can you imagine an America without Medicare? We should celebrate by telling our representatives that we not only need to protect it, but improve it, and expand it to cover everybody living in this country.