Donald Trump released his starting point for a healthcare plan Thursday and has been getting criticized for not putting out a full plan but no one has a full plan. His plan is said to expand access and it is conservative.
The plans of the three leading GOP candidates are outlined below.
Donald Trump’s 7-point Obamacare plan is considered a starting point. His plan allows for importing drugs from overseas.
Congress must act. Our elected representatives in the House and Senate must:
- Completely repeal Obamacare. Our elected representatives must eliminate the individual mandate. No person should be required to buy insurance unless he or she wants to.
- Modify existing law that inhibits the sale of health insurance across state lines. As long as the plan purchased complies with state requirements, any vendor ought to be able to offer insurance in any state. By allowing full competition in this market, insurance costs will go down and consumer satisfaction will go up.
- Allow individuals to fully deduct health insurance premium payments from their tax returns under the current tax system. Businesses are allowed to take these deductions so why wouldn’t Congress allow individuals the same exemptions? As we allow the free market to provide insurance coverage opportunities to companies and individuals, we must also make sure that no one slips through the cracks simply because they cannot afford insurance. We must review basic options for Medicaid and work with states to ensure that those who want healthcare coverage can have it.
- Allow individuals to use Health Savings Accounts (HSAs). Contributions into HSAs should be tax-free and should be allowed to accumulate. These accounts would become part of the estate of the individual and could be passed on to heirs without fear of any death penalty. These plans should be particularly attractive to young people who are healthy and can afford high-deductible insurance plans. These funds can be used by any member of a family without penalty. The flexibility and security provided by HSAs will be of great benefit to all who participate.
- Require price transparency from all healthcare providers, especially doctors and healthcare organizations like clinics and hospitals. Individuals should be able to shop to find the best prices for procedures, exams or any other medical-related procedure.
- Block-grant Medicaid to the states. Nearly every state already offers benefits beyond what is required in the current Medicaid structure. The state governments know their people best and can manage the administration of Medicaid far better without federal overhead. States will have the incentives to seek out and eliminate fraud, waste and abuse to preserve our precious resources.
- Remove barriers to entry into free markets for drug providers that offer safe, reliable and cheaper products. Congress will need the courage to step away from the special interests and do what is right for America. Though the pharmaceutical industry is in the private sector, drug companies provide a public service. Allowing consumers access to imported, safe and dependable drugs from overseas will bring more options to consumers.
I couldn’t find Ted Cruz’s healthcare plan on his website so took this information from a speech he gave.
Ted Cruz’s healthcare plan:
If I am elected president, we will repeal every word of Obamacare. Now, once that is done, everyone agrees we need health care reform. It should follow the principles of expanding competition, empowering patients, and keeping government from getting between us and our doctors.
Three specific reforms that reflect those principles:
- We should allow people to purchase health insurance across state lines. That’ll create a true 50-state national marketplace while will drive down the cost of low-cost catastropic health insurance.
- We should expand health savings accounts so people can save in a tax-advantaged way for more routine health care needs.
- We should work to delink health insurance from employment, so if you lose your job, your health insurance goes with you, and it is personal, portable, and affordable, and I tell you, Bret I think that’s a much more attractive vision for health care than the Washington-driven, top-down Obamacare that is causing so many millions to hurt.
Marco Rubio’s healthcare plan:
- Repeal and Replace ObamaCare
- Expand access to affordable, quality health coverage by providing every American with an advanceable, refundable tax credit that can be used to purchase insurance.
Reduce health care costs, promote innovation, and ensure access for the most vulnerable by expanding access to consumer-centered health plans, reforming insurance regulations, and putting protections in place to ensure those with pre-existing health conditions can get access to affordable coverage.
Promote innovation in the Medicaid program by giving states a per-capita block grant, which preserves funding for Medicaid’s unique populations while freeing states from Washington mandates.
Save and Strengthen Medicare For The Seniors of Today and Tomorrow
- Strongly defend traditional Medicare and Medicare Advantage for current seniors.
Strengthen Medicare for future seniors by providing them with choices between a variety of private plans and traditional, fee-for-service Medicare.
- Place Medicare on a pathway to fiscal sustainability by promoting market competition in the program. This will ensure it is there for generations of seniors to come.
What about everyone besides seniors?
Politico posted more information which was linked to from Rubio’s website:
- First, I will work with Congress to create an advanceable, refundable tax credit that all Americans can use to purchase health insurance. The value of these credits should increase every year, and we should set the tax preference for employer-sponsored insurance on a glide path to ensure that it will equal the level of the credits within a decade. This will prevent large-scale disruptions and reform a provision in our tax code that has been driving up health costs, hurting those who are self-employed and preventing Americans from having truly portable health insurance plans that travel with them regardless of where they work.
- Second, I will reform insurance regulations to lower costs, encourage innovation, and protect the vulnerable. Those with pre-existing conditions should have access to affordable care through mechanisms such as federally-supported, actuarially-sound and state-based high risk pools. Americans should be able to purchase coverage across state lines so they can seek out affordable coverage regardless of where they live. And consumer-centered products like Health Savings Accounts should be encouraged and expanded. Finally, under no circumstances should taxpayers be asked to bail out an insurance company that loses money, as is currently the case under ObamaCare.
- Third, I will take up the difficult work of saving and strengthening Medicare and Medicaid by placing them on fiscally-sustainable paths. Without reforms, these programs will eventually run out of money. We must move Medicaid into a per-capita block grant system, preserving funding for its recipients while freeing states from Washington mandates. While current seniors on Medicare, like my mother, should see no changes to the program, future generations should be transitioned into a premium support system. A premium support model will empower seniors with choice and market competition just like Medicare Advantage and Medicare Part D already do.
John Kasich also says Obamacare must be repealed and replaced though he expanded Medicaid. His plan can be found on this link.