Thursday, November 10, 2016

Trump ought to cancel Obamacare ASAP

Obamacare is going broke, insurers are bailing out, and it is a terrific drag on the economy, plus most of the voters don't like it.  First we need to get a simple one page bill  thru Congress that completely puts away the present 5000 page law.  Democrats in the Senate will try to block it, but we ought to be able to stir up public opinion to undermine them.
   After the present law is scrapped pass a few things to help out.  Most (75%) Americans get very decent health insurance thru their jobs.  Obamacare only effected the self employed, and the unemployed.  The big companies have lawyers and experts and they drive a hard bargain with the insurance companies.  Any insurance company will bend over backward for a customer like GM or Walmart.  This makes the company insurance policies the best and cheapest it is possible to write.  All that is necessary is to pass a law requiring insurance companies to sell their best policy to the general public at the same price their big company customers pay for it.  This will let the self employed get insurance at a reasonable rate. 
   Then a little competition is good for pricing.  Pass a law that allows any American insurance company to sell insurance in all fifty states of the Union.   Right now, to sell insurance in a state, the insurance company has to go to the various state insurance commissions, do a thousand pounds of paperwork, kneel on the floor and bang there heads against the bureaucrat's desk.  This is such a drag, that for small or thinly populated states, they just don't bother.  And so, the citizen's of such states (like New Hampshire!) only have one insurance company to buy from.  And ripped off they get.  We could fix that easily.  The insurance companies won't like it, but they don't vote.
   Then we could cut drug prices with a law that allows duty free import of medicine to the US from reasonable first world countries (Canada, Britain, Japan and so forth).  Whether or not said medicine has FDA approval.  If the authorities in reasonable first world countries have OKed the drug for their citizens, then it's good enough for American citizens.  The drug companies and the FDA will hate this idea, but again, they don't vote.

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