Stop Blaming And Start Governing
Source: bloomberg.com | Re-Post KSS Insurance 3/30/2017 –
Who’s to blame for the failure of the Republican bill to repeal and replace Obamacare? Who cares? What matters now is that Democrats stop gloating, Republicans stop sulking, and each party come to the table to improve a health-care system that both parties agree needs work.
After the bill collapsed on Friday afternoon, President Donald Trump accused the Democrats of obstruction, Senate Minority Leader Charles Schumer accused the president of incompetence, Speaker Paul Ryan said health care was done, and House Minority Leader Nancy Pelosi bragged that it was a great day. No one had the courage to pick up the pieces and point the way forward.
The Affordable Care Act has provided health-care coverage to millions more Americans, but there are still some 30 million with no insurance. Premiums are too high. The individual mandate isn’t encouraging enough people to buy into the system. Some of its regulations and taxes make little sense. Insurance markets are too thin, providing consumers too little choice. Health-care savings accounts do too little to encourage savings.
Republicans have viable ideas to address these issues, including high-risk insurance pools and capping the tax exclusion that companies get for providing employees with health insurance. It’s regrettable that none of these ideas were seriously considered in the rush to repeal Obamacare.