The House GOP may not be able to get their arms around an Obamacare repeal plan, but John Goodman of the National Center for Policy Analysis outlines in National Review his ideas on what a replacement should look like and he says he drew suggestions from the left as well as his more comfort zone right. Among other things, he includes a universal tax credit for health insurance — and a payment to safety net providers from unclaimed credits. Medicaid and private insurers would compete, his version of a public option. He says the government should set some rules and then get out of the way. (Politico)
Summary below the fold.
Elements of the plan:
- A universal tax credit for health insurance;
- A safety contribution for every unclaimed credit;
- More flexible Health Savings Accounts (HSAs) for everyone;
- Medicaid as an option for everyone and everyone in Medicaid can choose private insurance instead;
- And a new type of insurance to better protect those with pre-existing conditions.
This reform plan is a free market alternative to ObamaCare. It would achieve four remarkable things:
- Be more progressive than ObamaCare, because it would involve more help for lower-income families;
- Provide genuine protection for people who have a pre-existing condition, as opposed to the bait-and-switch promises of ObamaCare;
- Provide genuine access to care for everyone, as opposed to leaving 30 million uninsured and strangling the safety net, as ObamaCare does;
- And work in practice, primarily because it would confine the role of government to setting a few simple rules of the game, leaving individual choice and the marketplace to do the heavy lifting.