Democrats ‘spending bill changes to health policy will reduce patients’ preferences, increase taxpayer spending

Robert Muffit for The Daily Signal

The Left’s health policy strategy is simple: step by step, centralize government control over a larger part of the healthcare sector of the economy, add more taxpayer subsidies (never need more taxes), and block the emergence of any independent alternative for coverage and care.

In the end, it is up to politicians and bureaucrats to decide whether or not individuals and families will receive coverage and care.

Exhibit A: The huge $ 5 trillion-plus spending bill of the fundamentalist Democrats, which they are trying to fast-track through the reconciliation process.

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Buried in the core of the bill, several major health policy changes will dramatically increase politicians ’control over individual healthcare decisions, increase healthcare costs and remove personal healthcare options for coverage and care.

Under the language of the Reunion Bill, hardline Democrats will make their recent temporary expansion to tax credit subsidies for middle- and high-income Americans planning Obamacare exchanges.

This is a bad policy. Not only will it do nothing to reduce the cost of these plans, it will actually create a big incentive for insurers to continue raising premiums – as it will shift most of the cost increases from their customers to federal taxpayers.

In line with this federal subsidy expansion, the bill would create a special Medicaid coverage program for individuals living in low-income states below the 138% federal poverty level who have not already received Obamacare’s Medicaid expansion.

This expansion will be paid exclusively for federal funding instead of the current merger of federal and state funds, and will transfer more low-income workers from private employer coverage and to Medicaid.

Although private insurance coverage has historically secured patient access and better performance than Medicaid in medical outcomes, the proposal would further enhance existing private health coverage.

Congress should adopt better policies that empower patients to ensure optimal health care for them, and enable health planners and providers to respond more effectively to patient needs and wants in a more open, competitive market.

Individuals who need financial support the most will include their target assets, while regulators will provide flexibility that will reduce premium costs and expand personal coverage options for individuals and families.

Congress should give low-income people the right to redirect taxpayer subsidies to their personal or job-based health plans for their Medicaid coverage. By forcing patients to plan directly for healthcare dollars in a new healthcare market and forcing competitors to compete – where information about pricing and provider performance is transparent and easily accessible – patients and taxpayers alike will receive better care at a lower cost than today.

In addition to crowding Americans out of coverage options, hardline Democrats will create a new program to control the price of prescription drugs across the economy.

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Each year, the Secretary of Health and Human Services selects a list of 125 drugs from a list of 125 medicines that cost Medicare and the private sector high, forcing companies to “negotiate” under the threat of civil fines, setting drug targets (six foreign Based on price-regulated pharmaceuticals in the country), and impose higher excise taxes on companies holding prices higher than the price set by the Secretary.

Radical Democrats like to describe it as a “negotiation” process, giving it the patina of a private sector-style business system. It’s not like that. It’s raw coercion.

Government price controls on drugs – as thousands of years of experience have repeatedly shown, including price controls on good goods or services – will guarantee a deficit.

Today, the United States is the global champion of biomedical innovation. The reduced return on investment in research and development, courtesy of price control, is an expensive trade-off.

This will dramatically reduce the number of improved new drugs and compromise access to quality care for patients.

Among Medicare beneficiaries, of course, the demand for prescription drugs is the strongest. Instead of imposing a broad regime of government price controls on prescription drugs, Congress should create the best market features of the Medicare Part D program, which today encourages health planning and supplier innovation in financing and distributing Medicare prescription-drug benefits.

While promoting the widespread availability of cheap generic drugs, Congress should improve the condition of patients by removing the burden of the cost of drugs out of the pockets of seniors and the inclusion of expensive drugs in insurance plans.

Finally, the bill will add dental, hearing and vision coverage to the Medicare Medicare program. Vision Services will begin in 2022; Hearing aids in 2023; And dental coverage in 2028.

The Private Medicare Advantage Plan, the only option for seniors in senior Medicare, already covers such benefits.

The latest proposal to add these general benefits, the suspension of their effective dates for political reasons, is evidence of the fundamental backwardness of politically-run healthcare programs that rely on legal or administrative measures to add, modify or improve medical facilities or services.

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Since the 1960s, private health insurance plans have added new benefits and services based on increasing medical advances, as well as patients ’needs and preferences, including important prescription-drug benefits.

Medicare is lagging behind on a regular basis. It wasn’t until 2003 যখন when then-President George W. Bush signed the Medicare Modernization Act after decades of political stagnation-that American seniors accessed the benefits of drugs in the Medicare program. To date, traditional Medicare beneficiaries are still not covered by the financial devastation of catastrophic illness.

Congress could adopt many advanced Medicare policies. Future generations of retirees should not be forced to rely on the will of Congress to secure modern medical facilities and services.

One of the achievements of Medicare Advantage, created in 200 Medic, is that seniors have the ability to choose their health plans and benefits through a certain number of contributions from the government.

To strengthen competition, traditional themed Medicare should be forced to compete directly with personal health plans in a level playing field with modern methods of retirement coverage based on consumer preferences and competition.

Such modernization, based on patient preferences and market competition, will stimulate innovation in benefit design and care delivery, control healthcare costs and give seniors better value for healthcare dollars.

Expenditure bills, more federal power increases and regulation of health care for Americans, are another step toward government-run national health insurance. A dead end with no choice and no departure.

The next Congress should go in the opposite direction and open up healthcare markets, break down barriers to planning and provider competition, and maximize the opportunity for all Americans, including the poor, to choose their coverage and care.

Syndicated with permission from daily signal.

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