If Obama’s health plan reform bill is approved as is, the backlash will put a burden on the nation. As fewer people will have the incentive to enter a federally sponsored health sector, the medical industry will suffer from an inadequate supply of medical professionals. With fewer medical professionals to service the demand, a watered down health care system and the negative economic impact will be the outcome. These vital issues emphasize the importance for Americans to research and learn how to select a low cost health plan, exercising the choice to make decisions about their health.

During the recent great recession, the health care sector’s employment growth added 631,000 new jobs, at a time when other industries have been shedding employees. From an economic standpoint, the health sector accounts for some 14.3 millions jobs. (Source: BLS.gov). Health insurance reform, in the way of nationalizing medical care health care in America, will result in an exorbitant job loss rate, lower quality healthcare and inevitably raise taxes.

Canada is an example of how a socialized healthcare program tends to do more harm than good. A report, researched and published by the American Medical Student Association, evaluating Canada’s socialized health care system, showed waiting list discrepancies across each province and amongst medical facilities.

Although, Canadians have access to medical coverage, a study published in the 2009 Lancet Oncology showed that five-year cancer survival is higher in the United States (Wall Street Journal.com). Since the socialized plan is unable to accommodate all the preventative screenings, a high percentage of conditions go undiagnosed. The findings suggest that rather than overtly ration health care Canada’ health system uses waiting lists.

The data from another study by the Joint Canada/U.S. Survey of Health suggests that Canadians, who are on socialized health care, are not any healthier than their uninsured, American counterparts.

Tremendous data suggests that Americans are better off opting for a low cost health plan than endorsing a health insurance reform bill that will ultimately hobble our nation’s economic infrastructure.

Instead of legislating a health insurance reform bill, national requirement that garners a resemblance of a socialized system, where medical care will inevitably be rationed for practicality and financial feasibility, Americans have to choose between a health insurance reform as in nationalized health care or shopping around for a low cost health plan.

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