The cost of healthcare has been rising significantly and has been steadily increasing in recent years. The 2008 Presidential candidates have each offered their solution to the ongoing problem. On the Democratic side of things, Clinton and Obama each lean toward a socialized healthcare system where the government increases control by mandating health insurance on some or all of the population. McCain’s plan however, extends a plan focused to drive the cost of healthcare down. The rules and regulations currently in place differ for each state, which forces states costs and prices to be drastically different. For states like New York and New Jersey, health insurance is guaranteed to be issued which drives health insurance premiums up. But neighboring states like Pennsylvania, where the guarantee is not in place, health insurance premiums are much lower.

            McCain’s plan will open the door and give New Yorkers the opportunity to get Pennsylvania health insurance coverage at more affordable prices. This will force health insurance companies to remain competitive across state borders. The free market will force health insurances premium prices down otherwise these companies will lose their customers. Competition is good for the economy as it forces companies to find new ways to remain competitive. When health insurance companies are forced to compete with each other, they will then subject themselves to new opportunities to cut and control their own expenses. McCain’s plan gives healthcare the best opportunity to focus on cutting expenses by opening the market to more competition.