Get Adobe Flash Player to see this content.

About This Video

Pro's and Con's of Obama's Health Care Plan

Title:

Pro's and Con's of Obama's Health Care Plan

Published: Mon, 27 Apr 2009

Description: Dr. John Rowe on Obama's Health Care Plan

-

Automatically Generated Transcript (may not be 100% accurate)

" that's Wednesday picking up healthcare it mark president Obama's first 100 days in office. His agenda -- bit ambitious in this new administration especially on health care. Here to give his perspective is Dr. John or Jack -- former chairman and CEO at not. And professor of health policy and management at Columbia University. -- great ready to beer but first let's focus on that it's just the swine -- in terms of the preparedness. In the United States and around the world this compared how we were prepared for fell hard."

" Just a few years ago -- dramatically better prepared and the moves that the government has made the announcement -- may have scares some people because it sounded like they've announced an epidemic."

" We don't have an epidemic what they've done is put in place. The mechanisms to respond to an epidemic."

" Should be a development of that right now we have this outbreak in New York and in a couple of the places. And I think as Laura pointed out the seriousness of the illness is quite rest. Then in the cases in Mexico -- he wanted to of these patients in New York -- been hospitalized most and to Scott -- by themselves without any treatment. So what we're doing is we're engaging. In network nationwide. A public health capabilities that we can bring to bear if an epidemic emergency we are much better prepared and we brought before."

" On the other hand we should take this seriously."

" Shifting gears to die -- Jack nationwide we're talking about a new nationwide health care that -- centerpiece of the president's administration and its plans and you people might approve booted initially but now it looks like it's on track for reconciliation. In the senate budget reconciliation the Senate and could be filibuster. Approved so. Didn't get how soon do you think it's something gets done in terms of national healthcare well I."

" everyone was surprised that the president went ahead."

" With healthcare reform this year because given the size of the bailouts. And baptism of the Daschle withdrew. Most observers were betting against healthcare reform being on this year's agenda but the president moved ahead."

" And he moved ahead decisively he included health care reform and stimulus package health information technology."

" Comparative effectiveness research to see see what really works. He also."

" Was very clear in doing it differently than it was done before what the president has done is not built a large White House staff. Not tried to do health care reform engineering in the White House he set up some principles for health care reform he turned it over the congress. That just sounds like a mess doesn't that help -- the way it works it's great and that is -- as far as -- timing is concerned. Senator baucus head of the Senate Finance Committee very experienced fellow knows his way around this kind of stuff. He would hope to have his bill. Out of his committee."

" Before -- August recess and maybe even on the floor of the Senate. Friday August recess senate and the house which will move more quickly this is more agreement. Will likely do as well if that happens."

" They could have just voted on after the recess and they could have something I'm the president stands by Christmas."

" You're seeing in the health care reform can get on my Christmas that is on the label did. Big picture question everybody wants to know how is the government going to pay for all of this could again part of the focus is changing maybe change the taxation. Of employer sponsored plans that the possibility maybe you know wealthier Americans it's one idea right now there. Would have to pay taxes if they have health care through their employer."

" That's right -- the first of all the reason that could get from this here is that as opposed to the last attempt at healthcare reform. There are many more players who were on board. There aren't as many people just saying -- like the insurance companies in a physician's last time people realize that -- staff to station they want to be part of the discussion."

" Everyone realizes -- status quo is no longer tenable so that's a big difference from our previous attempt but as far as who's going to pay for this."

" They're right taken some money out of health insurance companies and Medicare Advantage bears some payments to hospitals and Medicare that they'll make the case aren't needed. If there are no uninsured people."

" And the plan that putting out is not two years it's ten years. The bail out funds will be spent before any of the health care reform money is spent this is a long term horizon not a short term now."

" Doctor please come back we can talk about this for week. Doctor I think we gonna talk about it for months and years to come doctor Jack -- former CEO of at and now professor at Columbia could see you thank you some."

More Videos From FOX Business
White House Budget Director On Health Care

White House Budget Director On Health Care

Office of Management and Budget Director Peter Orszag on public health care insurance and where the additional revenue that will provide health care will come from.

Video|Thu, 11 Jun 2009|More from Closing Bell
|public healthfound at0:10

Is one of the biggest threats draft federal deficit but how can public health insurance not contribute to the ballooning national debt. Joining us now is Peter Orszag the Office of Management and Budget director Peter
White House Hints at Dropping Public Option

White House Hints at Dropping Public Option

FBN's Rich Edson on the Obama Administration hinting that it may be ready to drop the public health care option.

Video|Mon, 17 Aug 2009|More from FOX Business
|human services secretaryfound at0:42

drop the public option to draw moderate support. This weekend health and Human Services Secretary Kathleen sibelius described a public plan. As not the essential element of health care reform. And even senate Democrats those who were negotiating a bipartisan bill on the Senate Finance Committee. Say replacing the government run option with health care cooperatives. Would attract enough moderate Democrats and Republicans. To vote for health care overhaul.
Doctors' View on Public Option

Doctors' View on Public Option

Dr. Sreedhar Potarazu and Dr. Dan Morhaim discuss whether a public health-care option is the way to go.

Video|Fri, 9 Oct 2009|More from Bulls and Bears
|medicare medicaidfound at7:15

inflaming attitudes more than they already are. Does the savings that the CBO planned mentioned in its report yesterday. Include a lot of reductions in Medicare some of which we haven't heard in fairness to the president he did talk about cutting Medicare Advantage. But they're also reductions in Medicare payment rates of -- 162 billion reductions in Medicare Medicaid hospital payments 45 billion dollars. Is there -- risk of cutting too much out of Medicare.