Sunday, February 9, 2014

Senate Republicans' Health-Reform Proposal Leaves Significant Room for Improvement

The health-reform proposal put forward by three Republican Senators (Hatch, Burr, and Coburn) has attracted a lot of attention as the so-called Republican alternative to Obamacare.

Although the reform includes a grab bag of previous Republican reforms, including medical malpractice and Medicaid, its most radical element is a significant change to the private, employer-based system. The proposal includes a significant tax hike of $1.5 trillion over ten years that will harm most working Americans, in return for a tax credit which very few will enjoy.

The good news is that if the proposal evolves to give more – or even all – Americans the same freedom, it could be an excellent replacement for Obamacare.

Read the entire column at The Apothecary or (a slightly earlier version) at the Independent Institute's Beacon blog.

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