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Trouble fixing US healthcare system

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In six weeks time, the US Congress is expected to deliberate on a serious problem that now haunts at least 48 millions Americans without health insurance. Already, President Obama personally wrote a letter addressed to Sen. Ted Kennedy to fix the problem, the MSNBC's Ed Show revealed today. President Obama's appeal to the healthcare committee in Congress came in the wake of reports that 62 percent of Americans had filed bankruptcy protection in various courts because of high medical expenses that they incurred during and after confinement in various hospitals across the country. This joint research study was undertaken by the Harvard Law School and the Harvard Medical School in February 2005, which involved some 1,771 individuals who filed for bankruptcy. According to Prof. Elizabeth Warren of Harvard Law School, "both doctors and lawyers care about how healthcare is financed, but it was only when we put our heads together that we could probe further. She went to say that...

Feds mulls cutting medicaid costs

At least, some 48 million United States residents do not have health insurance. This is not to include others who are insured but do not have sufficient health coverage to free them from the exorbitant medical expenses incurred when they are admitted to private hospitals for emergency purposes. The problem will get even much worse once the U.S. Congress deliberates and approves the huge budget cuts on Medicaid that the federal government had envisioned for the period covering this year until 2012, says a think-tank policy report. It is expected that it will take a serious toll on millions of patients whose only option is to avail of free medical benefits from the government.The new proposal, now being deliberated in the U.S. Congress, will allow the transfer of Medicaid funds totalling $24.7 billion over the next five years and $60.9 billion in the next ten years from the federal budget to the state coffers, says the Center on Policy and Budget Priorities. The Center is one of the nat...