Is Your Brain Exploding Yet?
I know mine is but yet Hillary's healthplan continues on.
Ensuring Affordable Health Coverage for All (continued)
The American Health Choices Plan will make health insurance more affordable for the millions of Americans who want it. It includes a number of straightforward policies to achieve this end:
5) Strengthening Medicaid and the State Children's Health Insurance Program to Serve All Low-Income Individuals: These programs serve over 55 million Americans, and have done so successfully through federal-state and private-public collaborations. The holes in this safety net (e.g., lack of coverage of poor, childless adults) will be fixed to ensure that the most vulnerable populations receive affordable, quality care. Similarly, the other part of the safety net, like public hospitals and community health centers, will continue to receive support to serve vulnerable populations.
By all means, let's figure out more efficient and effective ways to take care of weakest amongst us. I believe it is our duty and should be one of the things that a great nation like ours can do.
6) Creating a Retiree Health Legacy Initiative: For major American employers with workforces that face unusually high health care costs due to a high ratio of retirees, health care costs can be a drag on competitiveness and job creation - particularly for our major manufacturers. The American Health Choices Plan will provide a tax credit for qualifying private and public retiree health plans to offset a significant portion of catastrophic expenditures that exceed a certain threshold. Such reinsurance would be time-limited to reflect the short-term demographic need of the aging baby boomers, and would be devised in a manner that does not add to our long-term fiscal challenges. The policy will be designed to make companies more competitive and assist workers - and not to take pressure off the need for strong managerial leadership at the top. Participating companies would also have to demonstrate that they are employing best health practices, including chronic care management, information technology, and other modernization initiatives that maximize value, quality, and accountability. Finally, employers will also have the option of buying early retirees into the new Health Choices Menu.
I should think if we can figure out a way to drive the overall cost of healthcare down, the burden would be somewhat reduced. I think we do need to find solutions to transition employers out of the business of paying for retiree healthcare. That said, I have to wonder, as a matter of numbers, how many companies are out there who are funding retiree healthcare? I know my former employer dumped funding retiree healthcare like a bad date years ago. My guess is that these are legacy programs in and of themselves, and were/are probably components of labor negotiations from years ago. Maybe someone in the know would like to comment further on this issue.


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