Showing posts with label 3M. Show all posts
Showing posts with label 3M. Show all posts

Tuesday, October 05, 2010

The Shine of the Free Market

Health care options in the market under the health care reform law became better.

I wonder who it was that said this recently? Take a moment and think about it.

I'm sure your first thought was a Democrat or health reform lobbyist, right?

It was, in fact, Jackie Berry, spokesperson for 3m. 3M is one of the largest companies in the world with over 76,000 employees world wide. 3M has decided to give their retirees cash to go and shop for health care on their own, giving them the freedom to choose whatever plan they see fit.

3M is a company that sees the benefit of the new health care reform law.

Let's let the soak in for a moment, shall we.

(cue elevator music for 1-2 minutes)

And we're back.

So what exactly is going to happen?
  • Starting Jan. 1, 2013, 3M retirees eligible for Medicare will get a health reimbursement arrangement: an account with credit in it to buy a Medicare supplement plan or a prescription drug plan.
  • Starting Jan. 1, 2015, retirees not eligible for Medicare will also get a retiree health reimbursement arrangement to buy an individual insurance plan on the open market
Berry said retirees will end up saving money, thanks to several provisions due to kick in between now and then.

Open Market? Freedom of choice? Saving Money? Wait...I thought the opposite was supposed to happen under this new law. Was there a very large group of people not telling me the truth? Hmmm....

Not everyone is happy with freedom, however.

Rita Horne, 73, whose husband Einer Horne worked 33 years at 3M, was not pleased to receive the letter.

"I got to tell you, I would like to take Congress and wring their necks," said Horne, of Hudson, Wis. "They've taken a very satisfactory and good health insurance program and going to I don't know what."

Her husband, 75, who's had cancer and open-heart surgery, said he knew this day would come ever since "Obama passed Obamacare."

"You would think every corporation in America would do the same. Number one, it's going to save a hell of a lot of money and number two, it's probably as fair a system as you can get out of anybody," he said.

Will the new plan save money for him? Horne laughed: "I have no idea."

Saving money and being fair you say, Einer? At least he admits it. But Rita doesn't want that freedom or choice at all. Sad. And why, Rita, aren't you guys already on Medicare?

More importantly, take note of the words I have bolded in black. There is nothing that is more accurate a summation of where all this vitriol about health care originates: fear of the unknown. They don't know what is going to happen but they sure don't like it. How is that possible if you don't know?

See, this is where people like the Koch Brothers come in with FreedomWorks and prey upon people's fears. They know people don't really know that much about reform so they use it to their advantage and co-opt them into believing complete lies. The end result is basically the current form of the GOP.

The fact is that as more companies follow the lead of 3M, more people are going to have a choice about where to get their health care. This will eliminate health care being tied to employers which has not worked out well at all. It's a step in the right direction of eliminating the far too many middle men. You don't hear the word "freedom" associated with the new health care law amid the screaming by people who stand the most to lose from reform. But here it is, folks, plain as day.

This is an excellent example of why I supported it. And a shining example of the free market:)