Obama and Healthcare Reform

"I promise you, we will pass reform by the end of this year because the American people need it." said the president. Apparently, Obama is determined to deliver affordable and more effective health-care nation-wide. This does not sound like a classical pre-election speech with vague promises which are often broken after the election. But how Mr. Obama is going to deliver the cheaper and more effective health-care service ? How he was advised by his health-care team on the reform ? Is there going to be a magical pill all of a sudden that cures most of the diseases for half the price ? Even if he manages the republicans, big healthcare insurers and cuts down the extra drug prices imposed by the big-pharma his promises seem to be little away from reality.

However, towards the end of his term or possibly during his second term there is going to be major breakthrough in DNA diagnostics. The whole DNA of every individual will possibly be read for less than $1000. That means you get detailed info about 25.000 of your genes. Following preventive medicine and new drug design opportunities have the potential to deliver more than the Obama promise on Health Care.

I have no doubt about the negotiation skills of Mr. Obama. This helps with cutting down the healthcare prices with the big guys in the sector. I am sure that his advisory team on Healthcare did not miss the technical breakthrough that is going to happen. He must have been well informed on that.

We all will see what will happen in the next 5 years.