Despite years of campaign promises, Obamacare remains the law of the land. With midterm elections rapidly approaching, lawmakers are quietly planning to bail out this failing law.
This would be a terrible decision.
In a recent op-ed, Heritage Action’s chief executive officer Mike Needham and Heritage health care expert Marie Fishpaw warned that some Republicans “have reportedly persuaded GOP leaders to plug the cracks in Obamacare’s failing edifice with piles of cash.”
One scheme is headed up by Senators Lamar Alexander (R-TN) and Patty Murray (D-WA). They propose appropriating cost-sharing-reduction payments to insurers which would provide more federal money to help insurance companies. A second effort is an even greater corporate give-away led by Senators Susan Collins (R-ME) and Bill Nelson (D-FL) which requests an additional $10 billion in federal cash to prop up failing insurance markets and fund states’ high-risk pools.
Both options fail to address Obamacare’s regulatory regime, which is driving up costs and reducing choice.
We have a different solution.
Heritage’s plan starts with giving patients more options by redirecting federal health care funding into block grants to the states. This is the “disrupter” that will help to reset our health care culture. Our plan will allow states to innovate to cover the people not enrolled in employer-based health care plans. States also would be given the flexibility and tools they need to lower patients’ health care costs – starting by clearing out the web of Obamacare’s federal mandates that drove up costs and broke the private market.
The goal is simple: take power away from Washington Bureaucrats and allow states to innovate.
Since last October, when Republican efforts to repeal and replace Obamacare failed in the Senate, Heritage has been convening all the major federal and state policy experts to have the difficult conversations and sort through the hard questions in order to build consensus on the path forward for health care reform.
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