The Center for a Free Economy believes in a health care system which is focused on the empowered patient and her doctor. Neither the government nor big business forces in the healthcare system should not get between patients and providers. Families need the means to take control of their own health care decisions. It’s also important to remember that health care policy these days is tax policy, and vice-versa.
Recent News about Healthcare Policy:
By Ryan Ellis Millions of people have found a simultaneously grim yet welcome surprise in their mailboxes of late: rebate checks from their car insurance companies which find themselves paying out far fewer claims as a result of COVID-19 “stay at home” orders. While modest, these premium givebacks are, of course, welcome at a time of economic uncertainty. Unfortunately, people have no such luck with their health insurance premiums. Despite paying these in full, access to healthcare is restricted. Elective surgical procedures and in-person doctor visits are mostly canceled except in emergencies. Insurance companies are certainly having to pay for coronavirus-related claims, but it’s hard to imagine them paying for much else right now outside of babies and heart attacks. That isn’t the fault of Big Insurance, but it’s certainly to their benefit. We can add this windfall to several others the health insurance industry has enjoyed in recent years. Last month, [...]
The Center for a Free Economy, along with 75 other conservative groups, this week sent a letter to Congressional Republicans urging them to reject price controls in any form when it comes to health care policy changes. The letter is available here.
The Center for a Free Economy, along with 75 other conservative groups, this week sent a letter to Congressional Republicans urging them to reject price controls in any form when it comes to health care policy changes. Click here to see the letter.
By Ryan Ellis An emerging axiom in politics is that the political party that is trying to take healthcare choices away from people loses, and the opposing party wins. The conservative House Republican Study Committee seems to have learned that lesson in their impressive new healthcare plan, particularly when it comes to the most important healthcare voters: seniors. The first order of business in any healthcare plan is to tell people that the latest big ideas from Washington won't threaten the healthcare they have and mostly like (the devil they know). The Republican Study Committee plan smartly begins with this defense and does not skip over it. House conservatives are committed to protecting seniors over age 65 (as well as the somewhat younger seniors transitioning from the workforce into retirement) from the destabilizing effects of “Medicare for All” socialized-medicine schemes. Seniors know that Medicare for All means much higher taxes [...]
By Ryan Ellis When it comes to any issue, especially healthcare, there is very little bipartisan commonsense cooperation in Washington these days. That’s too bad, because there are a lot of areas in healthcare where the parties substantively agree but can’t get past the “gotcha” stage. H.R. 3796, the Health Savings for Seniors Act, co-sponsored by Reps. Jason Smith, a Republican from Missouri, and Ami Bera, a Democrat from California, is a rare exception. In a Congress in which legislating takes a back seat to posturing, H.R. 3796 deserves to become law. The Health Savings for Seniors Act is simple in concept. It would allow any senior enrolled in Medicare to contribute to a health savings account. Under current law, seniors are prohibited from contributing to an HSA once they enroll in Medicare at age 65, even if they maintain HSA-qualified health insurance independent of Medicare. What would this mean [...]
By Ryan Ellis The White House this week is hosting a listening session with conservatives on “Building Great Healthcare in America.” Where should this begin? Without a doubt, the signature conservative healthcare policy achievement of all time is the creation of the “health savings account,” or HSA. Since their genesis in 2003 (itself a compromise to help pass Medicare’s prescription drug benefit and private sector delivery portal), HSAs have become the core nucleus of free market healthcare reform. An HSA is a triple tax-free account. Contributions are tax deductible. The money deposited can earn interest or even be invested with tax-free growth. HSA dollars can be distributed without tax if used for healthcare expenses. There is no “use it or lose it” with HSAs — any money not spent rolls over year to year, just like an IRA or a 401(k). The only catch is that in order to have [...]