With Jill Stein’s charade unraveling and focus returning to adult matters, you should know that Donald J. “Lion-O” Trump, his sidekick Steve Bannon, and mistress of elections Kellyanne Conway have been working hard to make America great again by fulfilling yet another Trump promise – destroying Obamacare.
This utterly failed assault on the middle class was authored in large part by convicted felon, democrat operative, and Hufington Post contributor Robert Creamer, who wrote much of the Affordable Care Act from prison. Creamer, you’ll recall, was also in charge of the hate machine which sent paid agitators to Trump rallies to incite violence and mayhem. This architect of destruction visited the Obama White House 340 times – which included 45 meetings with President Obama, surely to talk about yoga and wedding plans.
In order to put an end to this charade, Trump has appointed healthcare ninja, (and current chairman of the House Budget Committee) Dr. Tom Price, M.D. as Health Secretary of these great United States. Price, a six term Republican congressman from Georgia, has been a noted figure in opposition to the Affordable Care Act.
If President-elect Donald J. Trump wanted a cabinet secretary who could help him dismantle and replace President Obama’s health care law, he could not have found anyone more prepared than Representative Tom Price, who has been studying how to accomplish that goal for more than six years.
Mr. Price, an orthopedic surgeon who represents many of the northern suburbs of Atlanta, speaks with the self-assurance of a doctor about to perform another joint-replacement procedure. He knows the task and will proceed with brisk efficiency. (-NY Times)
While we don’t have any definitive insight into how exactly how this task will be accomplished, we do know that Trump told the NY Times he was in favor of keeping the preexisting condition and adult children provisions in Obamacare. As for Price, he introduced the “Empowering Patients First Act” in 2009, which promotes using tax deductions and credits to aid in the purchasing of private health insurance, state-based high-risk insurance pools, competitive interstate insurance markets, and medical debt repayment programs. (source)
With a firm nod to Trump on what appears to be following through on a major campaign pledge, I sincerely hope our government also gets around to addressing the asinine cost of healthcare in the USA versus other advanced nations. A hospital stay costs an average of $1,825 in spain, $5,504 in Germany, and $15,734 in the USA. Having a baby in America will set you back anywhere from $9-$15K, versus $1,967 in Spain and $1,291 in Argentina. An MRI costs $1,080 in the US, and just $280 in France (source). Perhaps if our government cracked down on flagrant and excessive healthcare expenses across the board, premiums could drop substantially as insurance companies wouldn’t have to play games where everyone knows they don’t pay the full amount of the bill, while privately insured citizens are on the hook for the whole tab notwithstanding debt settlement or bankruptcy protection (which is why the medical debt repayment provisions in Price’s Empowering Patients First Act are excellent. Hopefully they translate to Trump’s plan).
While dismantling Obamacare and encouraging competition between insurance companies will undoubtedly translate to lower premiums (and more discretionary income in the pockets of consumers), something tells me the healthcare industry and their fleet of lobbyists are going to carve out a few life rafts for themselves to comfortably navigate the swamp with their inflated prices.If you enjoy the content at iBankCoin, please follow us on Twitter