Posted on 07/13/2017 8:28:53 AM PDT by Kaslin
Sounds good to me.
It's not the $100 to $200 a month, it's the $10,000 for the HSA. And if you have a medical emergency in year 1 that drains your HSA then where do you come up with the $10,000 for year 2?
You can buy your policy anywhere- across state lines. Watch costs come down dramatically.
Fantasy. Five or six states allow purchase of insurance across state lines and it's been a complete failure in each case.
You can buy your prescriptions anywhere- across country lines. Buy your prescriptions in Mexico, Canada, or Switzerland- wherever it’s cheapest. Watch costs come down dramatically.
Took four proposals for one to make sense.
#5) Mandate that doctors and hospitals post prices for every procedure online- so you can pick your doctor based on affordability. Watch costs come down dramatically.
Cost comparisons for hospitals are already available online. If people aren't making use of it now then why should we expect it to change?
Tort reform- limit the lawsuit rewards. Patients have a right to sue, but not win the lottery. Watch costs come dramatically down.
Tort reform capping awards has been enacted in about half the states in the country. And in none of them has there been any impact on health care insurance premiums. Malpractice insurance, yes. But not health care.
Everyone who gets free government-run healthcare must work. Just as many states have put a work requirement on welfare or food stamps. Guess what happened? The rolls dropped by 50%, thereby saving taxpayers billions of dollars.
Including children, elderly, the disabled?
There’s a work requirement. Everyone who gets free government-run healthcare must work. Just as many states have put a work requirement on welfare or food stamps. Guess what happened? The rolls dropped by 50%, thereby saving taxpayers billions of dollars.
You want free healthcare? If you don’t want to work, you don’t get the check. From now on, you want healthcare paid by government, you’ll get a job, or the government will provide one.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
What about people who literally, physically cannot work .... like my friend who was dying of pulmonary hyertension .... could barely blink her eyelids because any exertion sent her into oxygen deficit. She was bedridden, in a nursing home paid for by Medicare (she had NO assets other than two plastic tubs under her bed with some personal items in them).
Friend #2 - curled up like a pretzel with rigid limbs due to MS - again, NO personal assets (not even plastic tubs), in a nursing home paid for by Medicaid.
Neither had family who could help & certainly no one who could afford the $4-7K per month that the nursing home cost (both in a “bad” nursing home, certainly nothing with any frills - could hardly get basic care) - plus hospital visits when necessary.
Plenty of folks with dementia, Alzheimers, etc. who have run through their own assets .... again, not employable in ANY context.
I don’t see anything in Root’s plan for folks like these.
Stop dictating what must be in every healthcare insurance plan.
Stop making old men (and everyone else) pay for birth control pills and abortions.
Reinstitute the work requirement for welfare and use the savings to help offset the cost of medical care for the truly needy.
Stop all welfare, food stamps, healthcare and other handouts to aliens, legal and illegal. Apply those savings to help offset the cost of medical care.
Isn't this what we had before with Medicaid?
So says the man who declared that Romney would beat Obama in 2012.
Regarding the “cross state lines” thing: I live on the border of three states: MA, CT, and NY. It would be wonderful to be able to drive half an hour and be able to chose between three decent hospitals. As it stands now, I am bound to a health system that is OK, but it is not as robust as it could be.
The real trick to fixing health care: Tax it. Get the government out of it, and tax it like income.
When you realize how much your employer is paying...you will rebel. MOST people get insurance through their employer. Tax that stuff and the world will change.
The market works. When you allow it to work.
He says keep government out of providing health care.
I can nitpick a number of these points, but in fairness it's the best plan I've seen. The key things are there. The secret to reforming health care is to expose prices and let them operate. People need to know what a service costs, and they must have an incentive for making reasonable choices. That is missing now and it's why health care is out of control, and was even before Obamacare.
you spoiled the ending....
For example, if their standard deduction is $12,000 and the total of their other deductions is $8,000, the $10,000 Medical Savings account raises their total deductions to $18,000, so they are only gaining an additional deduction of $6,000.
Make the Medical Savings Account and Health insurance premiums pre-tax. The Medical Savings Account and insurance premiums lower there taxable income. Then regardless of what their other deductions are they get the full benefit of tax reduction at their top marginal rate.
Most employer provided health insurance plans that require employees to pay part of the premium have pre-tax payments. It is much better than a deduction.
Is that $10,000 per person per year?
Who picks up the cost after that?
This seems like a great proposal ... which means it won’t be considered. Big Med, Big Pharma don’t like competition and they spend millions in D.C. lobbying.
The proposal would basically eliminate negotiated rates and the true cost would be the displayed price.
P4L
You contradict yourself saying "tax it" and "the market works, when you allow it to work." Taxes are always a distortion of the market.
All good except #4. If Americans buy cheaper drugs from socialist countries, the drug research money would eventually dry up.
Why fund research if you cannot make a profit?
The socialist countries controlled by the Left have cheaper drug prices because they refuse to pay market price. We are subsidizing the socialist countries. As it is now, we are about the only country that funds the drug research by paying market price for drugs.
If we stop, it stops.
No.
Medicaid used to cover a very limited segment of the population. Basically poor kids and pregnant women who are poor. Blind people and a few other disabilities.
Medicaid before the Obamacare expansion did not cover anyone just because they were poor.
Obamacare changed that. It relaxed the eligibility requirements to include anyone under a certain income.
If they made Medicare, Medicaid, and maybe the VA accept that as well ( hang with me for a minute... ) sure, it would be cheap for uncle sugar to pay for it, compared to what they are paying now. The question begs is the 1st out of pocket (10K), especially if no one has the 10k for their HSA.
Now, I do know a couple that are members of one of the "Health Care Ministries" that are exempt from Obamacare. Their is a feature in these plans that no one in the media or body politic will talk about a success within those programs that I am lucky to have heard of. It goes like this. My friends enrolled in one of these ministries notes in their monthly paperwork, it is often a note of someone in need, their 1st name, what might be wrong with them and how to donate. They do, and so does many others in these plans send extra money for those in need, they are asked not forced that is the difference.....
We are a generous nation, this feature at the State Level IMHO would work, especially the 10k for an HSA. Talk about win on top of wins...
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