Sunday, February 12, 2017

Trumpcare Could be More Oppressive Than Obamacare

In a profile on Gary Cohn, former Goldman Sachs president, and current director of President Trump’s National Economic Council, The New York Times drops a bomb about Obamacare.

Cohn is apparently Trump's man to redesign the socialist healthcare program. According to The Times, Cohn is approaching healthcare insurance in the same central planning fashion as Obama. It seems he thinks it is the government's duty to design the healthcare system rather than allow healthcare insurance to emerge in a free market.

From The Times:
 [Cohn] is also studying how to revamp the Affordable Care Act, which Mr. Trump vowed during the campaign to repeal — a promise that is proving to be more complicated to keep than he had expected.
Mr. Cohn is working with a health care specialist and consulting with House Republicans: Speaker Paul D. Ryan; Kevin McCarthy, the majority leader; and Jeb Hensarling, chairman of the Financial Services Committee. Mr. Cohn is determining which aspects of the act may be worth keeping (allowing people to stay on their parents’ plans until age 26 and mandating coverage of people with pre-existing conditions) and which may not (allowing people to sign up for health insurance outside of the typical enrollment periods).
I understand nothing is concrete as of yet, but from what I hear Trumpcare could be even more coercive than Obamacare, including very large penalties for people who drop healthcare insurance and at a later date attempt to purchase it again.

The one sector I thought Trump might be better in was healthcare, but it appears that is unlikely to be the case.

-RW

4 comments:

  1. Government isn't reason. It's crap. And the people who run it are crappers. The don't even leave the seat down for the ladies.

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  2. I have no idea what treatment for a cardiac arrest costs. I have no idea what various cancer treatments cost. If I have a cardiac arrest, I'm not going to price around to find the most reasonable price while factoring in an acceptable level of quality.
    Health care should be nationalized. We let the young die and pay for the elderly. It makes no sense at all.

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    1. You see no market based alternatives for planning for unexpected medical events than finding care only at the time of necessity?

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    2. Maybe you don't know what various medical treatments cost BECAUSE health care is nationalized...

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