In February, Rep. James Lankford (R-OK) introduced legislation (H.J.Res.110) that would give Congressional approval to states entering the Health Care Compact. This is an important step forward for one of the most innovative ideas that has been developed to reduce the degree of federal interference in regulating health markets. As Lankford notes in a recent Forbes op-ed, eight state legislatures have already voted to join the Compact.
All the Congressional Republican alternative health-reform bills recognize that regulating access to health care and health insurance from Washington, DC is a potential minefield. Adding Congressional recognition of a Health Care Compact is an important new development in the evolution of post-Obamacare health reform.
Read the entire article at John Goodman's Health Policy Blog or The Independent Institute's Beacon Blog.