In a recent Health Alert, I noted the very positive news that House Speaker Paul Ryan has appointed six task forces, comprised of Congressional committee chairmen, to develop a governing agenda. One of those tax forces has a mandate to develop (finally) the Republican alternative to Obamacare.
Two of the members, Dr. Tom Price (Chairman of the Budget Committee) and Mr. Fred Upton (Chairman of the Energy & Commerce Committee) have already sponsored health reform bills that would replace Obamacare, and contain tax credits for individual health insurance. I conclude Dr. Price’s version is superior, both in administrative simplicity and economic effect.
However, Mr. Upton’s bill (which is sponsored in the Senate by Senator Hatch and Senator Burr) includes a good idea absent from Dr. Price’s bill: An interstate compact for health insurance.