Exchange Tackles Rising Health Costs
Original Author:
Sen. Kathleen Vinehout
“Rising health costs are the single biggest problem we face,” the Menomonie non-profit administrator told me. She saw double digit inflation in health insurance costs for years. “We are having a serious talk with our employees about options. None are good.”
“With the drop in milk prices,” the Tomah dairy farmer told me. “Health premiums now take up a quarter of our milk check.” Insurance premiums for the farmer and his brother add up to over $900 a month. “What can you do to help?” he asked.
This week I unveiled a bill to create affordable health insurance exchanges for small businesses and individuals. An exchange is a competitive marketplace where health insurance companies compete for business.
For small businesses, farmers and others who buy insurance on their own, a well run exchange does two things. First, exchanges give small groups big buying power. No longer are you on your own buying insurance for just yourself or your business.
Second, the exchange provides information not now available to small businesses and people who buy insurance on their own. Consumers can clearly compare plans.
Politicus USA:
Ryan’s newest scam involves eliminating tax breaks for employees who are enrolled in their employer’s group healthcare plans, and instead give a tax credit to buy health insurance on an individual basis. According to Ryan, his plan will give consumers the needed incentive to demand more value from their healthcare. He said,
“Giving patients and consumers control over health care resources would make all Americans less dependent on big business and big government for our health security; give us more control over the care we get; and force health care providers to compete for our business.”
Politicus USA:
Ryan’s newest scam involves eliminating tax breaks for employees who are enrolled in their employer’s group healthcare plans, and instead give a tax credit to buy health insurance on an individual basis. According to Ryan, his plan will give consumers the needed incentive to demand more value from their healthcare. He said,
“Giving patients and consumers control over health care resources would make all Americans less dependent on big business and big government for our health security; give us more control over the care we get; and force health care providers to compete for our business.”
David Dayen at Firedog Lake:
Paul Ryan is desperately trying to resuscitate his failed plan to end Medicare by offering it as the replacement element in the long-sought “repeal and replace” strategy for the Affordable Care Act. [The one the GOP calls Obamacare - Xoff.]
“Giving patients and consumers control over healthcare resources would make all Americans less dependent on big business and big government for our health security; give us more control over the care we get; and force health care providers to compete for our business,” Ryan said.
Ryan argued that a tax credit in lieu of Medicare, Medicaid and government-credited employer-sponsored healthcare would commoditize healthcare costs, enabling individuals to choose their coverage and allowing the free market to drive down prices and make care more affordable — and generous — for all.
David Dayen at Firedog Lake:
Paul Ryan is desperately trying to resuscitate his failed plan to end Medicare by offering it as the replacement element in the long-sought “repeal and replace” strategy for the Affordable Care Act. [The one the GOP calls Obamacare - Xoff.]
“Giving patients and consumers control over healthcare resources would make all Americans less dependent on big business and big government for our health security; give us more control over the care we get; and force health care providers to compete for our business,” Ryan said.
Ryan argued that a tax credit in lieu of Medicare, Medicaid and government-credited employer-sponsored healthcare would commoditize healthcare costs, enabling individuals to choose their coverage and allowing the free market to drive down prices and make care more affordable — and generous — for all.
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