Republican Health Care plans

Thanks to BufordTJustice1 for the following information on Republican Health Care provision reform plans, in response to a Volokh commenter (troll?) claiming that “the Republicans have no plan”:

HR3400 sponsored by Tom Price detailed at the following URL:
http://rsc.jordan.house.gov/So…

The formal HR3400 bill can be viewed at:
http://rsc.jordan.house.gov/Up…

Another GOP bill for health care reform is HR3962 by John Boehner which is 219 pages in length. The URL is:
http://rules-republicans.house…

The Pledge to America also provides details of their ideas for alternative legislation. That has been available since September 23, 2010.

Also, John Boehner held a national Republican address on October 31, 2009 outlining GOP ideas for health care reform.

Mitt Romney has described his Medicare plan:
http://www.mittromney.com/blog…

http://articles.latimes.com/20…

www.usatoday.com/news/opinion/…

Paul Ryan released a Medicare plan which was soon followed by a revised plan with Ron Wyden.
www.usatoday.com/news/opinion/…

Most recently, Paul Broun released his replacement plan.

You speak of making things worse? The new cost shifting will blow away the current cost shifting by an order of magnitude. Subsidies and tax credits alone will cost $777 billion for the first seven years. Many if not most of them will pay nothing (or almost nothing) for their premiums. Then there’s the Medicaid expansion, estimated to cost $408 billion (state and federal combined). Obamacare preserves and reinforces the old cost shifting, while adding $1.2 trillion in new cost shifting.

The mandate will do absolutely nothing of any appreciable amount to resolve the current cost shifting and will make it massively worse:

About $30.2 billion of the $43 billion cannot be remedied by the mandate and will continue on just like before. That leaves $12.8 billion which is 0.5% of the nation’s health care costs, leaving 99.5% of health care expenditures unchanged. Unless you believe the mandate will work perfectly (which it won’t), it will not even come close to resolving $12.8 billion, especially once the word gets out how easy it is to game the system (see below). The government will be lucky if a small fraction of the $12.8 billion is even remotely alleviated, reducing the effect of the mandate to a purely symbolic token. This amount in relation to the total costs is virtually invisible and will have no tangible effect on cost shifting.

Those few not exempt from the mandate, not eligible for Medicaid and would not receive any tax credits or subsidies that don’t want to buy insurance now will not change their minds and will continue to freeload. Not only will the fine be less than the cost of the premium, but why even pay the fine if there is no arrest, lien, audit or garnishment allowed by Obamacare? All the IRS can do is withhold a tax refund.

Already, 49% of the country doesn’t even pay federal income tax in the first place. Out of the 51% who do, how many are owed a refund? Out of those, how much are they owed (i.e. even less than the amount of the fine)? Even if they pay the fine, they are still not in the insurance pool to spread the cost around which totally defeats the purpose of the mandate and Obamacare itself.

By the way, any exchanges run by the federal government will result in nobody in those states receiving tax credits/subsidies to buy insurance. The hasty, sloppy and corrupt writing of the bill only allowed this support for exchanges run by the states. This will result in the employer mandate going down. Business will sue if they are fined for not providing health insurance to employees who are not even eligible to receive benefits by going on the exchanges.

Did you also know Medicare Advantage is being propped up artificially by a corrupt and possibly illegal expenditure of $8.5 billion to sustain it only past the election? After the election, the plug will be pulled, screwing over seniors all across the country.

Advertisements

Tags: ,

One Response to “Republican Health Care plans”

  1. thedenude Says:

    First, I would like to point out that all government programs will cost money. The question I would like to ask is, is universal healthcare something that is worth paying for?

    I have no doubt that healthcare costs money. It costs quite a bit of it. And it will cost money no matter what bill is put into place. The question is more economic in nature. In other words, does the value of having easy access to healthcare equal the cost.

    If it does, than I certainly would have no qualms with supporting such a plan.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: