Health Care Reform

While the Democrat’s so-called Affordable Care Act did significant damage to many people’s health insurance by raising premiums and deductibles, diminishing the number of health plans available and restricting access to doctors and other health care providers, they successfully won the health care debate in 2018.

Their focus was on protection for people with pre-existing conditions. However, the truth is that HIPAA (The Health Insurance Portability Act) already created protections for pre-existing conditions for almost all Americans. This bi-partisan legislation remains and will remain in effect.

So, what should health care reform look like going forward? I believe that the Affordable Care Act known as Obamacare should be replaced with reforms that do three things:

1. Put Americans in charge of their own health care with pricing transparency, the ability to choose plans that meet their needs rather than what bureaucrats and politicians decide that they think we should have as far as our insurance.
2. Lower premiums and deductibles by encouraging a vibrant private market with innovations that have been the hallmark of our free enterprise system.
3. Reward good health choices by providing discounts for people who meet certain benchmarks such as improving their exercise and proper nutrition.

I believe that Americans are smart and have the ability to choose well for both their financial products and their health care for themselves and their families.