You've got to love election season.
Few things are as entertaining as politicians waxing on about things they know little (or nothing) about. And there's nothing they love more than spouting off about things they think will get voters to the polls – and themselves into office.
Perennial presidential candidate Sen. Joseph Biden just happens to be the latest such would-be expert. The Democratic contender from Delaware unveiled his own health care plan this week while the lame duck still in the Oval Office wonders what to do about SCHIP.
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Biden, like the rest of the crowded field of would-be presidents, wants to expand coverage. Sen. Biden wants to cover more catastrophic illnesses, modernize the system itself and promote wellness.
Wow, who doesn't? But, honestly, last time I checked, we boasted the most technologically advanced health care system on the planet. And wellness? Haven't those of us on the front lines been talking about that for years? But then, when you've got Congressional-grade health care, you probably don't give trendy things like wellness much thought.
And the catch? Benefactor Biden just needs, oh, somewhere between $80 billion to $110 billion a year to cover the bill. He just plans to roll back Bush's tax cuts for the top 1 percent of Americans, kill tax breaks on capital gains and dividends, and close up the tax loopholes for hedge fund managers and private equity partners. Piece of cake, right?
If nothing else, Biden proves there's more to worry about than Hillary Care. And it's time we, as an industry, keep our eyes out for the candidates not coming out of New York.
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