Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

What You Need To Know About Health Care Reform


What Obamacare really means for you and your granny

The scariest thing about the health care reform bill is not the vision of granny-killers roaming hospital corridors. It's the fact that few rational people seem to grasp how it really may change our lives. The facts have gotten lost somewhere between the howls of protesters and the sputters of proponents.

So, here's a summary of how the bill will affect you and yours, shorn of rhetoric and government-speak.

First, none of this is a done deal. When our elected representatives return in September from hair-raising experiences in town halls across America, the Congress will work out a final bill based on several versions now floating around. Then it will go to President Barack Obama for his signature.

One thing is certain: the granny-killers are out of the picture. That incendiary rumor grew out of a minor little item that would have reimbursed doctors for having a chat with patients about the wisdom of making their own end-of-life decisions while they are still capable. Some harried clerk is deleting that bit as we speak.

One other thing is certain: few hard numbers are available now. How much will your premium be for "affordable" health care? How much will this bill cost the taxpayer? How much really can be saved by eliminating fraud and waste in Medicare and Medicaid? All this and much more is TBD.

And one more thing: none of this happens overnight. The changes kick in over time, with some not popping up until 2013.
No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
Featured Videos