The Republican Health Care Plan

Health CareThere are a lot of Health Care Reform plans floating around, and they’re all surplus to needs. The American Health Care system is fine. But it looks like they’re trying to pass something (anything) soon, so let’s review the plans to see which one would cause the least damage. And let’s start with the most telling metric: page count.

It’s clear by the Goldilocks Rule that the House Republican plan is probably the best, but the Goldilocks Rule isn’t the last word. As I’ve previously explained, the best way to judge the quality of a thing is to see how much it costs. The more something costs, the more it is worth. The more something is worth, the better it is. That’s just logic. So let’s use some logic to look at some of the key points in the Republican Plan:

  • Lowering health care premiums — Sure, decreasing the amount we spend on health care will also decrease its quality (see above), but the money that individuals save on health care premiums could be spend elsewhere in the economy. Overall, this point is probably a wash.
  • Establishing Universal Access Programs to guarantee access to affordable health care for those with pre-existing conditions — This will drastically increase the cost to insurance companies (since they’ll have to start insuring the sick), and this will force them to raise premiums, meaning that health care will therefore improve. This is a win for the American People.
  • Ending junk lawsuits — Estimates are that tort reform will decrease health care costs by up to 0.5%. This small difference will probably not affect the quality of health care that much, except that doctors would then be freer to try more innovative/risky procedures without the fear of losing their practice. This can only result in the further advancement of American medical science.
  • Prevents insurers from unjustly canceling a policy — That is, unless a person commits fraud or conceals material facts about a health condition. All we have to do is expand the definition of ‘fraud‘ and ‘health condition‘ and this one should increase the cost and quality of health care too. Win.
  • Encouraging Small Business Health Plans — This gives small businesses the ability to pool their resources for the same bargaining power as bigger businesses. This disincentivizes  growth, and is a horrible idea. Why make is easier for small businesses to stagnate? This one’s a loss, no two ways about it.
  • Encouraging innovative state programs — The GOP plan rewards innovation by providing incentive payments to states that reduce premiums and the number of uninsured. This is a wonderful idea. States are the best, most efficient level of government. Who is better able to serve their local citizenry than their local government? Everything should be handled in-state.
  • Allowing Americans to buy insurance across state lines — This is a wonderful idea. State government is hit-and-miss at best at handling problems. For every Alaska, you have a California. No, you have to be able to escape your state health care systems and buy from whichever state the insurance companies end up relocating to. My money is on New Hampshire, if the credit card companies haven’t bought up all the buildings.
  • Promoting healthier lifestyles — The GOP plan promotes prevention and wellness by giving employers greater flexibility to financially reward employees who adopt healthier lifestyles. Right now employers can’t do that, but this bill will remove that restriction. That can only be good. There are only so many desk jobs available. We need enough healthy Americans to fill all the manual labor positions. Win for America.
  • Enhancing Health Savings Accounts (HSAs) — This is perhaps the best idea of all. This lets every American have the most freedom and choice in the health care arena. Health insurance companies are always denying people this procedure or that procedure. They say you can or can’t see this or that doctor. But if you’re spending your own money, then you get to make all of the decisions. And it’s easy! Let’s say you make $250,000. Just set aside 3% of your income, and you’ll have $7,500 ready for whatever you need. Everyone can afford 3%, right?
  • Allowing dependents to remain on their parents’ policies — This lasts through age 25, but this should add to costs that much. Most expensive chronic illnesses start late in life. For these younger losers, we’ll just have to pay for snowboard accidents and beer bong related injuries. Wash.

I guess if we have to pass something, the Republican plan wouldn’t change that much.

2 Responses to “The Republican Health Care Plan”
  1. Meghan says:

    At the federal level, no, and that is why I support the Republican stance on healthcare. What they essentially are trying to do is ease up limitations on states to solve healthcare on their own, and then increase the competition and expand the marketplace for insurance. Why won’t we see a broad sweeping federal healthcare plan from the Republicans? Because it goes against a basic conservative belief that healthcare for the most part is not a federal issue.

    • ThomPaine says:

      Absolutely. That’s why this plan is so great. Once you ease restrictions and increase competition then the market works it out for itself to maximize benefits and minimize problems. It’s the natural equilibrium state.

      Perhaps the best recent example is the credit card industry. It was an incredibly successful industry, and only becoming more and more profitable every year. I shudder to think how much worse it is going to be now that the feds are meddling with it. No, this would be much better handled at the state level, and best of all at the New Hampshire State level.

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