Monday, May 1, 2017

Let's do the American Health Care Cost Reduction Act.

American health care costs too much.  We spend 19% of GNP on  health care.  Twice as much an any other country in the world.  And plenty of other countries, Canada, Britain, Japan, Germany, and many more, have public health every bit as good and in America, and they only pay half as much money as we do.  When we export American products, the price of those products has to be marked up 19% to pay for the worker's health care.  When every other country in the world exports product, they only have to mark up their price by 9.5% because their health care costs and half what ours are.  One big reason that manufacturing jobs are leaving the US, is the outrageous cost of health care in the US.   Want to make America great again?  Lower the cost of health care.
   Obamacare raised the cost of US health care.  Obamacare is a scheme to subsidize the cost of health care for everyone who doesn't get health insurance from their employer.  Obamacare did nothing to make health care cheaper.
   Here is what we could do to reduce the price of health care.
1.  Rein in malpractice suits, pure welfare for lawyers.  Don't allow lawyers to advertise for plaintiffs.  They didn't use to be allowed to do that.   Go over to the British system, loser pays the court costs.   Pass a law saying that manufacture, distribution, and prescription of any FDA approved drug or device is never malpractice, even if the FDA later pulls the drug or device off the market.  FDA takes so long to approve anything that any reasonable person assumes that anything FDA approved is safe.  Lawyers (all Congress critters are lawyers)  hate this, but there are more hardworking voters than lawyers.
2.  Allow duty free importation of drugs from all reasonable first world countries, places like Canada, England, France and some on.  Any drug approved for sale to the public by the authorities of a first world country can be imported even if the FDA hasn't gotten around to approving it yet.  Reason:  the health care authorities of other countries sandpaper the drug companies into lowering their prices, often by half or more.  Those Epipens that made the news last year when the maker raised the price to $600 each.  You can buy Epipens in Europe for $20.  Drug companies hate this, but  companies don't vote.
3.  Pass a federal law authorizing every American health insurance agency to sell policies in all 50 states of the Union, WITHOUT having to do any state paperwork.  If you are an insurance company selling health policies in your home state, you can sell them in every state.   The insurance companies hate this, but companies don't vote.
  We could run the Health Care Cost Reduction Act thru Congress while they are still fumblng around with Obamacare repeal and replace.  We could even get some Democrats to vote for it.

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