Friday, November 14, 2014

Interesting article.

Since Obamacare is going to go down the drain, and those who voted for it were too stupid to need to know what was in it, here's a practical solution that will fix all that was wrong with health care in the USA. Go back to a free market pattern. If you want to have insurgence, buy it. Let them all compete across state lines like car insurance companies do.

Then: The government picks up 100 percent of health-care costs above 20 percent of adjusted gross income. For people below 150 percent of the poverty line, there's Medicaid, which picks up basically all your costs. Hard to game, preserves consumer incentives to shop for prices and keeps people out of bankruptcy.

It's not that hard to fix. What we had before was not great but we can pick the good out of it and spit out the bad. Obamacare was a disaster.. and needs to go away.
Read the whole thing: http://www.bloombergview.com/…/a-cheaper-simpler-obamacare-…
As a frequent critic of Obamacare, I'm often asked, "Well, how would you solve the problem? Huh?" The implication is that if I don't have a solution, I should shut up. This is not sound policy thinking.
bloombergview.com

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