Indianapolis, IN (MMD Newswire) January 4, 2010 -- House or Senate plan, public or private, it really doesn't matter - what the politicians seem to have forgotten is that any plan must be underwritten correctly with the appropriate safeguards, or it won't be solvent. Beneficiaries tend to get upset there is no money to pay claims.
Dr. Debra Smith says, "The CBO takes a snapshot in time approach to financial analysis. This static accounting approach does not account for the way human beings react in the real world, a fact they readily admit with multiple footnote disclaimers in all their reports. Rather, what is needed is an underwriting analysis of the proposals. Underwriters try to predict the future given past behavior, human nature, changing market conditions and nature of the risk pool. The fact that accountants rather than underwriters are determining the feasibility of our social welfare programs may explain why Medicare, Medicaid and Social Security are all in the red."
"Underwriting isn't sexy enough for the politicians, which is no doubt why they ignore it entirely. Underwriting is risk assessment, and sometimes risk management; the very words convey dullness and boredom. No, it's much more exciting for Democrats to accuse Republicans of wanting you to die, and die quickly, and for Republicans to say that Democrats want to kill Granny."
Unsatisfied with the coverage of this issue, disgusted by petty politicians more married to methods than outcomes and because Americans deserve better, Dr. Smith wrote Healthcare Solved - Real Answers, No Politics. In it, she describes plainly how to get everyone covered without bankrupting the country or taxing us all to death. She explains how to help small businesses be good to their workers. She tackles how to truly bend the cost curve, why medical care costs so much and what can be done to dramatically cut costs while improving care. Issues such as medical liability, drug costs, electronic medical records and more are all addressed within the covers of her book.
Healthcare Solved - Real Answers, No Politics, is available through Amazon, Barnes & Noble and Kindle.
About the Author
Dr. Debra A. Smith DO, MIHM, MBA, FACPM, FAOCOPM, FAIHQ brings to the national healthcare debate a unique global healthcare perspective. A physician and economist, she has worked in clinical medicine, medical administration and catastrophic insurance underwriting, and as a consultant in healthcare financing and public health for the World Bank and United Nations. She shares this global view on what works and what doesn't in her new book, Healthcare Solved - Real Answers, No Politics. The book is a timely dose of straight talk for an American public seeking to reform a system reeling from out-of-control costs.
If you would like more information about this topic or to schedule an interview with Dr. Smith, please call Lola Ventresco at 412-443-8437 or email Lola at Media@HealthcareSolved.net . For impartial, peer-reviewed commentary on breaking news, please see Healthcare Reform & Policy Today, Dr. Smith's blog.
Media Contact:
Lola Ventresco
Mobile: 412- 443-8437
Email: Media@HealthcareSolved.net
Web: www.HealthcareSolved.net or www.DrDebraSmith.com
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