Health Care Cure

From the left: Health care is a right, and we should have Medicare for all?

From the right: We need reform, open borders (across state lines) and maybe some deregulation?

The left's’ agenda costs $3.2 to $4 trillion a year. The right’s is unknown and unproven. Are we so stupid as a people, as a nation, to not recognize the ONE thing that has benefitted us all that it can really solve this problem?

Capitalism can solve this problem faster than anything else can. Libertarians would not like this answer, but I am not a libertarian. My theory is simple. Government's role in our market place is to expand the market when costs of needed goods or services are too high. Please think about that for a moment: When a good or service is essential. When it's cost is too high. Government should not seek to regulate it, tax it, provide it or anything BUT expand the marketplace for it. How can our government do that?

We spend $900 billion a year in tax money on Medicare, Medicaid and health care services. I’d impose a 1% reduction in payments made from the federal government on health care across the board which is a $9 billion reduction. The annual increase in government spending is more than $9 billion so this is not a significant reduction. In the second year I’d deduct another 1% for a total of 2% and in the third year I’d deduct a 3rd percent. That will equate to more than $27 billion a year. Year 1 - $9 billion. Year 2 - $18 billion, Year 3 $27 billion and leave it at this level for the duration. $27 billion a year beyond the 3rd year is enough. What do we do with it?

The $90 million plan. We put $84 billion into a foundation that is invested for best return on investment. We need this professionally managed. It needs to gain as much interest as possible. I think it is safe to bet on 3% annual interest. More interest will be earned but anything over 3% can simply be reinvested for years when it might be short, or for added growth. The $6 million left over is handed to the foundation for capital costs. Capital costs including buildings, equipment, and hiring a small number of people with a simple mission:

The foundation exist to train people in the healthcare field and provide as many citizens low cost health care services as possible.

The $84 million foundation trust will produce enough money to hire the first 10 people and provide adequate facilities for their school and medical clinic. They will charge tuition and they will charge insurance companies, Medicare and Medicaid for services - and patients as much as possible. Any fee’s they raise simply helps them expand their service. The foundation is a non profit with the focus of increasing the supply of health care professionals across the country.

Do the math:

In one year we build 100 of these institutions with $9 billion. In two years we build 300 total and in 3 years we’re at 600 total. If this does not begin to impact the market place and costs don’t start to come down we continue with 300 a year until they do. If it take 10 years we’ll end up with 2,700 of these institutions across the country. That would be one representing every 120,000 people nationwide. If we have to go to 4,000 so be it. Once the marketplace is full and the costs of services finally begins to subside we can stop adding new foundations, clinics and small schools to the mix.

This requires no new taxes. It requires no new laws. It requires not one added regulation. This is a simple redirection of the people’s tax money into a marketplace the people need expanded. This is a 5-10-15 year solution to the healthcare problem in America. The only problem with U.S. healthcare is the cost. This will reduce the cost.  

#minds #healthcare #america #government #capitalism