My proposal for a new system Essay Example | Topics and Well Written Essays - 750 words

My proposal for a new system - Essay Exampleiece of the proposal is to entertain health amends affordable for all Americans so that it serves as an extension of social security in times of distress.At present health insurance coverage of American citizens is covered by their employers, which puts them in danger of losing insurance along with their jobs. With the global economical recession more acute here in the U.S., the country has seen unprecedented numbers of job losses in the last few months. Not since the Great Depression of the 1930s did the nation confront such a disaster. It is authorized that a comprehensive revamp of the healthcare system at a time of economic turmoil is not practically feasible. scarce research conducted by the Commonwealth Fund indicates that extending insurance coverage to all American citizens would only cost an additional $104 billion for the federal government. While this may seem a huge sum in isolation, it is significantly smaller compared t o the $700 billion rescue plan that the new President got ratified by Congress. In other words, my proposal for a new healthcare system endorses the implementation of the promised universal healthcare plan of Barack Obama. Nobel Prize winning economist Paul Krugman as well supports this proposal and adds that it is true that the cost of universal health care will be a continuing expense, reaching far into the future. But that has always been trueand the temporary expenses of his stimulus plan shouldnt change that calculation (Krugman, 2009).This $104 billion proposal for universal health insurance coverage would have the added benefit of bear upon the economy. In other words, the proposed tax-cuts as part of the Obama Administrations stimulus package could instead be substituted with health insurance provisions for American citizens crossways the socio-economic spectrum, thereby solving two problems at once health care and economic crisis. And more importantly, by virtue of bein g applicable across social, economic