Originally posted November 30, 2016.
Bill Clinton famously lamented during Hillary’s campaign that sick enrollees are seeing “their premiums doubled and their coverage cut in half.” Even proponents of Obamacare admit that it is in a death spiral. But as Michael F. Cannon, director of health policy studies at the Cato Institute, writes in NRO, repeal of the law will not be easy. There is hope, however. Mr. Cannon believes that Donald Trump could become “America’s greatest health-care reformer, all while cutting taxes more than Ronald Reagan and George W. Bush combined.”
Mr. Cannon proposes that Mr. Trump work with Congress to fulfill his pledge of legislation that “fully repeals Obamacare and replaces it with Health Savings Accounts, the ability to purchase health insurance across state lines, and lets states manage Medicaid funds.”
- Fully Repeal Obamacare and veto any effort to preserve any of Obamacare’s regulations, mandates, or spending.
- Replace Obamacare with Health Savings Accounts (HSAs).
- Allow Americans to purchase insurance across state lines.
- Allow States to manage Medicaid funds.
“Critics,” writes Mr. Cannon, “will complain that these reforms don’t provide health insurance to everyone. But guess what? Neither does Obamacare. These simple steps would mean fewer poor and sick patients falling through the cracks of America’s health-care system than ever before. And that would be a legacy for the history books.”
Read more detail on Mr. Cannon’s proposals here.
Michael F. Cannon discusses the future of Obamacare under Donald Trump on FBN’s Kennedy
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