It’s more efficient and will eventually cost less than what we now have.
Under
the Swiss plan, everyone is covered by private insurance. There is no
government-managed or employer-provided coverage. The poor are assisted
in buying the insurance they cannot afford.
Employees
under a U.S. plan could receive in cash, tax free, what their employers
currently spend on premiums, provided they used the money for insurance
on health care. The poor, including past Medicaid recipients, would get
government vouchers to buy insurance. There would be no discrimination
against anyone on account of existing or past illness.
The
plan would not socialize medicine as does ObamaCare. True interstate
competition among insurance companies, hospitals, and doctors, would
bring costs down over time.
Patients
could really choose the best and lowest cost providers on the basis of
published outcomes. Insurance companies and providers would bid for
clients and customers, as to needs and cost.
The government's role would merely be to oversee transparency, The government would create an information system, with regard to insurance companies and providers. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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