3BP contributor The Seaward had a simple, yet flawed, thought that he shared with me earlier today.
Let’s just give $2500 annually to the uninsured so they can buy their own health care.
Assuming a population of 30 million uninsured citizens (I’m throwing out the illegal aliens whch inflate the number of uninsured to over 40 million), the annual cost of this “plan” is $75 billion – which is far less than Obama’s plan. Plus, this allows everyone to select the free-market insurance company and health care provider of their choice.
I’m no big fan of welfare handouts and I don’t think that health care is a ‘right”, but this idea is cheaper and better than a 1,000 page overhaul of a system that works for most Americans.
It would be interesting to know also, if you gave $2500 in unrestricted cash to the 30 million uninsured, how many would actually use it to buy insurance?
Maybe a voucher could work. I dunno.
Obviously, this is pretty much impossible to implement, but it does a great job of highlighting the deficiencies in Obama’s plan.
Keep up the good ideas, folks.