A Solution to Obamacare’s High Deductibles and Narrow Networks

4/15/21
 
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from Goodman Institute,
4/13/21:

John Goodman was the first person to predict that health plans would respond to Obamacare incentives by imposing high deductibles

In March, Goodman teamed with Goodman Institute scholar Lawrence Kotlikoff to propose simple, straightforward reforms at The Hill. And since neither party has claimed ownership of the issues, this could be an ideal time for bipartisan reform. The reforms follow.

Creating a market for the chronically ill.

Trading first-dollar coverage for last-dollar coverage.

Entitlement Reform.

Writing in Forbes, John C. Goodman says there should be one easy-to-use account available to everybody. Sen. Ben Sasse (R-NE) has introduced a plan to move in this direction. In addition to a unified savings account, four additional changes are needed.

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