Its been more than five years since the passage of Obamacare and the Republicans in Congress still dont have an alternative that they can all agree on. Its probably fair to say they arent even close.
So whats to be done? As I pointed out last week, some Republicans want to shift the issue from their plate to someone elses plate. Specifically, they want to shift the burden from the federal government to the states.
But what problems will that solve? Obamacare is funded by almost $2 trillion in revenues over the next ten years, including taxes on pharmaceuticals, medical devices, tanning salons, health insurance, and even the sale of new houses. Will the states be able to rescind any of those taxes? If they run short of money will they be able to raise them?
|John C. Goodman is a Senior Fellow at the Independent Institute, President of the Goodman Institute for Public Policy Research, and author of the widely acclaimed Independent books, A Better Choice: Healthcare Solutions for America, and the award-winning, Priceless: Curing the Healthcare Crisis. The Wall Street Journal and the National Journal, among other media, have called him the Father of Health Savings Accounts.|
Obamacare remains highly controversial and faces ongoing legal and political challenges. Polls show that by a large margin Americans remain opposed to the healthcare law and seek to repeal and replace it. However, the question is: Replace it with what?