Gov. Bush's Health Care Plan : Patient Centered, Workable

This is what we need in the current nightmare that is the run for the White House among so many that inspire to gain the power to control. Governor Bush's health care plan makes good sense and it's patient centered, a must for success. It also embraces many of the ideas that have been floated by other people and groups that have found the Affordable Act(ACA) not affordable but have been ignored by the press.

It would be great if the other candidates would do the same. It is also important for the democrat candidates to support the ACA as a workable solution for health care or make proposals of their own to reform it or replace it.

Time to stand and deliver.

Bush Health Plan Embraces Innovation and Patient-Centered Care
Source: John R. Graham, "Bush health plan embraces innovation and patient-centered care," The Hill, October 19, 2015.

October 29, 2015

Governor Jeb Bush's health-reform proposal demonstrates strong leadership, says senior fellow John R. Graham of the National Center for Policy Analysis.  His health reform plan leads with a non-Obamacare issue:  comprehensive reform of the Food and Drug Administration (FDA).

Currently, the FDA is a regulatory mess: it can cost $1.2 billion to $2.6 billion and take 12 to 15 years to advance a medicine from discovery to patients. FDA reform would also lower prices of existing drugs.  By contrast, federal government regulation of drugmakers' prices would produce an immediate drought of new capital for medical research.
Bush's plan would also:

• Enourage investors to put their capital at risk to develop new medicines.     
• Recognize the need for an entirely new approach to regulating medical devices, too.
• Recognize that pre-Obamacare benefits are outdated and that we need to revisit how we get coverage.
• Allow small businesses the option of making tax-free contributions to health coverage for their employees.
• Offer a tax credit for those without employer-based coverage.

Unlike Obamacare, which imposes high effective marginal income tax rates on their beneficiaries, Bush's plan introduces tax fairness in health insurance because the credit would be based on the average tax benefit enjoyed by those who currently get coverage through their jobs.

Additionally, Bush's plan would allow patients to control more health dollars directly through tax-advantaged Health Savings Accounts, which federal tax credits, states, and businesses can supplement.