Republicans can try
to score political points by criticizing the Medicare for All concept, but they
need to develop their own proposal. Over the last few months, the Trump
Administration has provided some indication of its position on health care
reform.
By William F. Sweetnam, Jr. | April 19, 2019 at 01:27 PM
Affordable health care continues to be an
important concern of Americans. Many Democrats are advocating “Medicare for All” as a
solution, although the details of a Medicare for All system are still being
developed and it’s unclear whether a proposal can be developed that all
Democrats would support. Republicans can try to score political points by
criticizing the Medicare for All concept, but they need to develop their own
proposal. Republicans cannot just rely on advocating for the repeal of
Obamacare; that approach didn’t work in 2018 and it will not work leading into
the 2020 elections. Over the last few months, the Trump Administration
has provided some indication of its position on health care reform.
Consumer directed health plans like health savings accounts
(HSAs), flexible spending arrangements (FSAs) and health reimbursement
arrangements (HRAs), appear to be an important component in the Trump
Administration’s health care reform plans.
The Trump Administration’s fiscal year 2020
budget request, entitled “A Budget for a Better America,” shows the continued
support of health savings accounts by the Administration in providing over $40
billion in increased spending by expanding access to HSAs. The budget
proposes that all plans with an actuarial value of up to 70 percent may be
integrated with HSAs. This would enable consumers to utilize the benefits of
HSAs with a larger number of innovative plan designs. In addition, the
budget proposal would give Medicare beneficiaries with high deductible health
plans the option to make tax deductible contributions to an HSA.
No comments:
Post a Comment