Even if Congress were to double what it collects in individual and corporate income taxes, there still wouldn’t be enough money added to the federal coffers to finance the costs of Medicare for All.
A new study argues that Congress’ repeal of the individual mandate and a Trump administration rule that would expand the sale and renewal of short-term policies will have a devastating effect on 2019 premiums.But a comparison of the “sabotage” estimates with preliminary 2019 rate filings in cities in 17 states compiled by the Kaiser Family Foundation suggests they vastly overestimated the effects of these policy changes on premiums.
Democrats are making an election issue of rising health care costs, so it’s strange that they are now criticizing a new Trump Administration rule that would make cheaper insurance available to more Americans. Maybe they fear people will like it.
Secretary of Health and Human Services Alex Azar recently outlined an ambitious health care policy agenda that is positively Reaganesque. The states’ diverse health insurance problems, he noted, are best resolved by the people of the states themselves.
Having stacked the deck in favor of Medicare for All, a new report comes up with a price tag: By 2031, the federal government would be spending an additional $4.2 trillion a year. For reference, the amount is slightly more than the total the U.S. government expects to spend this year.
Medicaid is meant to serve as a backstop for the truly disadvantaged. It’s not supposed to be a replacement for a job. Physically able enrollees ought to work in exchange for their benefits.
Many Republicans assume their party will take another stab at repealing and replacing the Affordable Care Act if the midterm elections go their way, even though GOP candidates aren’t making a big deal about it on the campaign trail.
Telemedicine is making better care, quicker care and life-saving care available to more patients every day. Thanks to technological breakthroughs, we don’t need to travel to a doctor’s office or a hospital for every medical need. We can get much of our care right in our own home.
Since they were created in 2004, tax-advantaged Health Savings Accounts (HSAs) have become a successful tool toward promoting patient choice in health care. HSAs are utilized in combination with a high deductible health plan and have proven to be a free-market health-care proposal that does not rely on mandates or cash subsidies. Today, 25 million American families and individuals save and spend their own money tax free on a variety of healthcare expenses — more than double the number of individuals that use ObamaCare exchanges.