Easy Obamacare Replacement, A No Brainer — It appears the Obamacare disaster will remain with us for the time being, so we would again like to point out the solution is not complicated albeit it requires humility and honesty and the strength to fight those who lust for wealth and power whether they be in government or the private sphere.
First step is recognizing that there are two types of persons regarding insurance — those who carriers want as customers and those who they don’t. The latter consists of the elderly and those already with conditions. Their insurance will be funded entirely by taxes via Medicare, which is not much different than the status quo.
Second step is to abolish Medicaid. Most on Medicaid are desirable customers for a private insurer — if they can pay the bill.
Third step will be to treat company health care plans as fully taxable income. This is the trickest. To make it palatable, business will have to fully convert the coverage to cash then add a premium so the employee’s disposable income actually increases. The incentive for business is the end of a major paper-work headache along with the uncertainty of unexpected rate hikes. The incentive for the employee is greater disposable income. The incentive for the rest of us is more market pressure on the cost of insurance policies resulting in less expensive ones.
Fourth step will be to maintain an individual mandate to carry catastrophic and emergency coverage. There will be no abortion or birth control or sex change coverage requirements. Those unable to afford a decent policy will be subsidized though taxes. Unlike Medicaid, however, the individual rather than the state will pick the policy. You think that’s unconservative? See step 2. Medicaid is abolished. An entire bureaucracy has been sent to the great oblivion to be replaced with something that is philosophically no different that school choice. The policies individuals choose will be in the private sector. Yes, we can have a work requirement for subsidies.
We believe this will solve all problems although expect tenacious opposition from insurance company croynists, social engineers and Randian objectivists.
Easy Obamacare Replacement, A No Brainer
Regarding step 3, if you want me to have to declare my company’s health insurance as income, then why not just take the next step, de-couple health insurance from employment, let my employer pay me an increased salary instead, I declare that when I file my income tax, and I shop for my own health insurance that I carry with me, just like my car and homeowner’s insurance.
And then we can get on to the next challenge, eliminating the federal income tax and replacing it with the Fair Tax.
–if you want me to have to declare my company’s health insurance as income, then why not just take the next step, de-couple health insurance from employment, let my employer pay me an increased salary instead, I declare that when I file my income tax, and I shop for my own health insurance that I carry with me, just like my car and homeowner’s insurance.–
Exactly! You’d get better insurance as health insurance providers would have to cater to your needs.
Mull this: Imagine the homeowner’s insurance (or car insurance ) you’d have if it was provided by your employer.