One of the most crucial issues facing American today is importance of health insurance for the American citizens. It is important to note that while approximately 95% of Americans are eligible for either fully or partially subsidized health insurance, there is a 5% donut” hole of mostly middle class, mostly precariously employed people, left to fend for themselves.
To reduce health care insurance prices, you will need to consider the Zeroth Law of R & R and intervene in the pricing of health care products and services, such as drugs, devices, technology, regulations, the predatory environment created by consolidation of health systems, and the deprofessionalization of physicians.
The Congressional Budget Office (CBO) has estimated that 14 million of people would lose coverage in 2018, 21 million in 2020, and 24 million in 2026 if the House Republican plan is allowed to significantly amend the Affordable Health Care Act (Obamacare).
But the trend toward reducing benefits and dropping health insurance altogether was in full swing before the act kicked in this year, according to a recent analysis by the University of Minnesota’s State Health Access Data Assistance Center and the Robert Wood Johnson Foundation.
The Republicans are also offering a $100 billion nine-year stabilization and consumer assistance fund, beginning with $15 billion in both 2018 and 2019 and $10 billion thereafter, to help states both stabilize their insurance markets and support those who would lose their Medicaid coverage.