Real Universal Healthcare
How is it, so many ask, that America is the richest country in the world and so many people here can’t afford healthcare? This is because we have essentially priced ourselves out of a marketplace for healthcare. The emphasis on employer-based insurance at the expense of individually-owned coverage has destroyed the prospects for competitive pricing that exists in most other areas of the U.S. economy. We must change this by enabling individuals to purchase and control their own health insurance with a tax credit.
Obamacare essentially doubled down on the bad parts of the pre-Obamacare system by implementing an insurance mandate that discourages price competition and imposing regulations that make insurance harder to afford. We should repeal Obamacare and redirect its subsidies into a refundable tax credit generous enough to enable everyone to afford catastrophic health insurance – the kind that ensures no one is confronted with a financially devastating hospital bill. For those who have serious preexisting conditions and still can’t find affordable private insurance, the federal government should offer its own insurance plan exclusively for those in need.
This universal healthcare model would 1) create a competitive marketplace for routine healthcare that could be affordable without having to use insurance 2) allow individuals to own and control their own health insurance and 3) give a public insurance option to those with chronic illness and preexisting conditions who need government support to become insured.