Will Rand Paul’s insurance idea work? – messenger-inquirer

U.S. Sen. Rand Paul had an interesting article in The Hill last week about an easy way to make health insurance more affordable -- and better.

"What if I told you that much of what was attempted through ObamaCare could actually happen if the government could go the opposite direction and get more out of the way in the area of health insurance?" he asked.

"If you have insurance through a large employer, say, Toyota or General Motors, certain things are true," Paul wrote. "You don't have to worry about preexisting conditions, because the large group plans don't stop you from joining. You have better coverage at better prices -- because you have the power of tens of thousands of people banding together to drive down prices."

"Competition is key to health reform," he wrote.

Paul said, "It is very clear the original language of the law allows for far more wide-reaching groups than the Department of Labor's bureaucratic rules permit today. The Department of Labor should revise its rules to allow virtually any group to become a group for insurance purposes."

He added, "From the chamber of commerce to the credit unions, from the NRA to the ACLU, from the Realtors to the restaurant association, there are many groups who could almost immediately begin to offer insurance to their members."

And Paul wrote, "As a physician, I can tell you this: Insurance was bad before ObamaCare. Why? Because the power was too often on the side of Big Insurance. I want to turn that on its head as we debate repeal."

It all sounds great -- if it would actually work.

But then, I thought, what is the largest association in the country?

According to the U.S. Census Bureau, there were 325 million of us last week -- and counting.

So, instead of a bunch of smaller associations, why don't we just form one for the whole country?

I think you're onto something, Senator.

Here is the original post:
Will Rand Paul's insurance idea work? - messenger-inquirer

Related Posts

Comments are closed.