Does the far right understand health care or health insurance or people? Ah, not so much😏
Read the following; 😷the free market will solve all our problems. 😷Isolating high health care risks solves our problems. 😷Turning people loose on their own to buy health insurance will solve our problems (just like eliminating employer-based pensions solved the retirement savings problem).
Some doctors actually believe that having patients pay out-of-pocket for outpatient services will lower costs. And what about the insurance company competitive market? What nonsense‼️Let them explain exactly what portion of any health insurance premium is subject to competitive factors. Hint; somewhere around fourteen cents of every dollar … and then ask what needs to be done to impact that $0.14🤑
Those conservatives know nothing of the employer environment where about 70 million Americans receive coverage through self-insured plans, no insurance company risk involved. Based on the following they also don’t understand the concept of the insurance risk pool or that with Obamacare it is quite easy for a person to change jobs and still get health insurance.
“Personal health responsibility, individual liberty?” Nice sounding words except when you throw in the reality of human being decision-making. What world do these people live in?
The Republican Party now is moving away from repealing Obamacare and is discussing “reform.” Besides being one more step on the road to GOP irrelevancy and displaying feckless disregard for the will of conservative voters, it is impossible to reform a system predicated on theft and false economics…
The first thing, is to understand what real insurance is. Real insurance (think your house or car) is owned by the individual. It is therefore portable. It is purchased early in life when you are healthy, and the insurance is therefore affordable. It is for catastrophic illnesses only – not for every little sniffle or outpatient test. By paying cash for outpatient tests and doctors visits, and by removing outpatient care from the nightmarish Medicare regulations, fees for services will drop to free-market, competitive levels. And, by paying premiums throughout your life, your insurance company in a truly competitive market – not in a government monopoly market – will offer affordable rates for seniors by investing premiums over their lifetime. Actuaries, not government toadies, will determine rates.
So the four steps to unwinding the medical mess is as follows:
1. Eliminate all government regulation on the sale of health insurance. Do not mandate coverage; do not limit sale across state borders. Sell to people of any age, and reward people who are responsible and in good health with lower premiums. It is time for the GOP to actually do more than spout words of limited government and individual freedom.
2. Set a time for the phasing out employer-based health insurance. Like dealing with any bad business plan or bad debt, there is no pain-free solution to come out of the problem. Your employer doesn’t own your car insurance, and he should not own your health insurance. Personalized insurance you can tailor to your needs can be 50 percent cheaper than what you are having deducted from your paycheck. Everyone will shriek, “How can that possibly work?” The answer is that a real free market manages to price things so people can afford them. Governments make everything artificially more expensive.
Before Obamacare a young healthy person could get individual health insurance for $60-70 a month. An employer might pay $200-300 for the same person’s coverage. By linking health insurance to employment we have created a large group of people in their 50s who cannot quit their jobs without losing their health insurance and because of their age would become uninsurable. These people must be transitioned to either private insurance or to a Medicare type product, whichever they choose.
3. For anyone at or near Medicare age, say 50, or for those with uninsurable illnesses, who have no private insurance, the government will need to maintain the Medicare system till they are deceased. Like dealing with a bankruptcy, we must acknowledge debts that simply must be absorbed. But Medicare must be phased out by letting younger people buy lifetime health insurance unencumbered by government regulations. The Medicare Plantation will go away in favor of top-quality, free-market medicine – which was working well for the elderly until Medicare was forcibly imposed on them.
4. Medicaid – state-run “charity” care – must be replaced by personal health responsibility, individual liberty to buy whatever type of medical care a person wishes and local, personal charity. Medicaid costs my state about $40,000 a year per enrollee. And the worst part is it offers terrible access to sometimes bad quality care. Ultimately, we must make people responsible for their own health.