How?
Where there is business to be had, insurance companies will flood the market to get ‘their share’.
But only if they can make enough profit.
There’s no government guarantee that there will be a hardware story in every city in the U.S. None the less, there is one just about everywhere.
There are pharmacies on every corner, hospitals in every city, doctors by the score, all in place today. Why does government need to get involved?
Failure is not built into this plan. It gives people more choices, encourages competition, and gets government out of the decision making business.
Sure it is. The government subsidies may not be enough to pay for the insurance. Insurance premiums could continue to skyrocket. Companies could choose to end their insurance and place their employees into the government program in numbers higher than anticipated. People could choose not to participate. States may choose not to fund high-risk pools. The list of perils and pitfalls is very long, and any one of them could derail any slim chance the program has for success.
Insurance companies will offer policies that cover a variety of things. People will weigh the policies and pick the one that is best for them.
That's what they said about Obamacare.
And the idea that a tax cut that comes with it is a bad idea, is the first time I’ve heard Conservatives trash tax cuts.
This is not a tax cut. It's a tax credit, which means that if you don't pay income tax due to other deductions you still get the money. It is a government subsidy. It is a reduction in government revenue and an increase in government spending that would need to be offset somehow. And the plan is silent on how to do the.
Right now in most states there is an approved list of insurance companies that can participate. Others can’t just jump in. Also, an insurance company in New Jersey can’t simply decide to do business in California, and open up shop there.
Trump wants to eliminate these restrictions. Any insurance company should be able to offer services in all 50 states. When you have 250 companies vying for your business, it’s far better than one or even ten.
Trump’s new plans will cause policies to proliferate, enhanced competition. He explained this for months on end, and it’s true.
Some will opt out, but with an abundance of insurance companies, others will pick up the slack.
Government is getting out of the business. Instead of Obamacare, there will be health care. Private people buying private policies. That’s what we want.
Government providing an tax deduction incentive could be termed a government subsidy, but it’s actually a way for you to purchase your medical care for less money. You decide how to spend your money. The government doesn’t. Isn’t that what we’ve always said we wanted?
May not be..., that’s what you wish to rest your objection on? You mean that you would rather pay 100% of your health insurance without a tax deduction? Okay, well, just refuse to take the deduction. No problem.
There will be no government program. I do expect there to be a program for folk who are uninsured now, but we were already paying for them. Medicaid was being used to cover folks. Finding a way for the government to cover them cheaper seems like a win/win to me.
What would be the incentive for businesses to discontinue providing insurance with rates falling due to more competition? Believe me, if companies are still providing insurance at this point, they’ll continue. The upward pressure under Trump will be much less.
I’m sure there will be some problematic areas that will have to be worked out. That being said, the goal is to get government out of health care. That again, is just what we wanted. Lower policies will mean that more people can afford insurance.
“That’s what they said about Obamacare.”
I’m sure you realized that Obamacare was designed to become single payer in the not so distant future. It was never designed to do what Trump’s plan will. “You can keep your own doctor.” I know you didn’t believe that, and I doubt you saw Obamacare for anything more than a sham, like everyone else with a clue here did.
It is a deduction. Spin that any way you like. The middle-class will be helped immeasurably by this system. Why are you attacking something far superior to Obamacare?
As for the lower wage earners, sure, it will probably give them a subsidy to buy insurance. Think about that.
What cost the government more, paying 100% of all health care needs, or helping people purchase insurance that will cover their health care needs?
The government is currently paying 100% of all this groups health care needs. Don’t you think it would be best if the government only paid the premiums, or just helped them pay the premiums instead of paying 100% of all the fees for services?
The money that was expended for Medicaid is where that money would come from. I would suggest a $1000 to $5000 dollar deductible policy. That $1000 to $5000 could be paid off over time, but it would get these folks into a policy in short order, and with that deductible, the costs to insure would be less.
We cannot simply talk about new fees out of the blue, if there is a way to expend the Medicaid costs more wisely.
You and I should realize this is a complex issue. It isn’t going to be 100% of what we want, but I think it could turn out to be a much better system than Obamacare. It’s probably the best possibly replacement for it.
It achieves all the goals we have, returns heath care choices to individuals and providers, and gets government out of micro managing it all.