Saturday, March 8, 2014
A Sheaf of ObamaCare Alternatives
Despite pronouncements by Obamacare, and the Republicans that the Republicans had no alternative plan for the Affordable Care Act there were alternatives, The Patient Choice, Affordabilty, Responsibility, and Empowerment Act (CARE) was sponsored by Senators Richard Burr R-NC, Tom Coburn R-OK, and Orin Hatch R-UT. The goals sought to execute te same goals of Obamacare to lower health care costs, eliminate pre-existing condition dilemma and reduce the number of uninsured Americans.
CARE act operates on incentives, not mandates, offering carrots, not sticks. It used consumer-driven principles and patient choice into the health care delivery system.
John Goodman, President of the National Center for Policy Analysis suggested that a universal tax credit for the purchase of health insurance. Surplus tax credits would be funneled to safety-net institutions to provide services which the uninsured cannot pay on their own. The 2017 Project would not auto-entroll anyone in a plan, and would not limit tax-exclusion for employer-sponsored insurance as the CARE Act would. Other age adjusted tax credits, and surpluses going into Health Savings Accounts. States would be allowed to funds to run high-risk pools for individuals with costly, chronic medical conditions.