2.Modify existing law that inhibits the sale of health insurance across state lines. As long as the plan purchased complies with state requirements, any vendor ought to be able to offer insurance in any state. By allowing full competition in this market, insurance costs will go down and consumer satisfaction will go up.
3. Allow individuals to fully deduct health insurance premium payments from their tax returns under the current tax system. Businesses are allowed to take these deductions so why wouldn’t Congress allow individuals the same exemptions? As we allow the free market to provide insurance coverage opportunities to companies and individuals, we must also make sure that no one slips through the cracks simply because they cannot afford insurance. We must review basic options for Medicaid and work with states to ensure that those who want healthcare coverage can have it.
4. Allow individuals to use Health Savings Accounts (HSAs). Contributions into HSAs should be tax-free and should be allowed to accumulate. These accounts would become part of the estate of the individual and could be passed on to heirs without fear of any death penalty. These plans should be particularly attractive to young people who are healthy and can afford high-deductible insurance plans. These funds can be used by any member of a family without penalty. The flexibility and security provided by HSAs will be of great benefit to all who participate.
5. Require price transparency from all healthcare providers, especially doctors and healthcare organizations like clinics and hospitals. Individuals should be able to shop to find the best prices for procedures, exams or any other medical-related procedure.
6. Block-grant Medicaid to the states. Nearly every state already offers benefits beyond what is required in the current Medicaid structure. The state governments know their people best and can manage the administration of Medicaid far better without federal overhead. States will have the incentives to seek out and eliminate fraud, waste and abuse to preserve our precious resources.
7. Remove barriers to entry into free markets for drug providers that offer safe, reliable and cheaper products. Congress will need the courage to step away from the special interests and do what is right for America. Though the pharmaceutical industry is in the private sector, drug companies provide a public service. Allowing consumers access to imported, safe and dependable drugs from overseas will bring more options to consumers.
I like all these provisions, especially the price transparency. Assuming others like this, Trump and any remaining candidates would be well-advised to continue to flesh out all of positions to this level of specificity. “Repeal Obamacare” has an appeal within a stump speech and these provisions will give more energy to that appeal.
I’m hardly a Trump fan, but those points seem pretty good.
My W-2 shows that my payroll-deducted contribution to my health insurance premiums is not counted toward my taxable wages. It's been this way for years.
Good list.
There’s some overlap between #3 and #4, which seems to make #4 irrelevant, but that’s fine.
First of all let me say, I am not a Trump fan. Not anti Trump just not sold on him because until now the only plan about anything as been build a wall. This health care plan is exactly on point and I have to say, I’m impressed. Does anybody know regarding health savings has he mentioned removing the limitation on amount that can be put in? This is a big deal for families with members that have ongoing health issues in particular children with special needs. I believe the cap right now is $2500 a year. Some families with needs blow through that in January of each year.