It is not good for the declining American economy to spend more amounts at this juncture in the non-productive healthcare sector. “For the first ten years, the new bill will cost about $100 billion a year. This is about the yearly cost of the Iraq War. The bill might increase the cost of health insurance”(Pros and Cons of the Healthcare Reform Proposal(s), 2010). Moreover tax hikes as part of the new bill will destroy family budgets. “You will have to either buy health insurance if you don’t have it or have a 2% tax increase” (Pros and Cons of the Healthcare Reform Proposal(s), 2010). Tax increase will affect both rich and poor people.
“There will be a doctor shortage because of the 40 million or so more people with health insurance. There may be a delay in getting medical treatment” (Pros and Cons of Health Insurance Reforms, 2009). The new reforms give more emphasize to the betterment of the patients and it says nothing about the betterment of healthcare professionals. In other words, the benefits enjoyed by the healthcare professionals as part of the old bill are ceased and therefore doctors are not taking their profession seriously now. The delay in getting essential medical services is a big threat to the lives of patients.
"According to experts, more than 87 million American could lose access to their current health care plan under the new law” (Are the March 2010 federal health care reform laws good for America?, 2010). The current bill is intended not only to the uninsured people but also to the people who have already insurance coverage. In other words, all the existing insurance coverage may become void and all Americans should seek new coverage irrespective of whether presently they have insurance coverage or not.
“Rep. John Shadegg (R) of Arizona holds a news conference on Jan. 13 on Capitol Hill to make the case that there are hidden costs in the new health care bill” (Trumbull, 2010). In other words, the new bill is