After a bajillion attempts, Republicans are finally in the position of repealing Obamacare. Not only have they won the presidency, they’ve done so while maintaining and expanding their dominance in the House and Senate.Now, here comes what many consider to be the million dollar question: sure Obamacare is a disaster, but what are we going to replace it with? This makes about as much sense as a cancer patient asking his doctor for advice on what they should replace the cancer with. But there is a doctor who has an answer: Dr. Ben Carson.
He’s not just an “OK doctor” — Carson knows quite a bit about healthcare policy, too. As Breitbart reported: “I think the replacement must obviously come first and it must be something that is very appealing and easy to understand,” Ben Carson told Politico Wednesday. “And then, only then, would you dismantle what’s in place.”Carson declined to say whether he was being considered for a Cabinet position, but Politico reports that his name is being floated as a possible candidate for positions such as secretary of health and human services or secretary of education.
Trump campaigned on replacing Obamacare with a simpler, cheaper alternative that has less government regulation.
Carson entered the spotlight at the 2013 National Prayer Breakfast when he criticized President Obama over his signature healthcare law.Carson said Wednesday that Trump would win over his critics with his leadership on issues like Obamacare.“I think actually a lot of people who have tried to demonize him will be quite shocked when they see who he really is,” he said. “He’ll be a very easy person to work with as long as you’re reasonable, as long as you’re fair.”
In 2015, Ben Carson announced his support for health savings accounts as a possible replacement for Obamacare.
Among his other healthcare reform ideas are “health empowerment accounts” from the day you’re born, “which are like a health savings account with no bureaucrats. We give it to everybody from birth until death. They can pass it on when they die. We pay for it with the same dollars that we pay for traditional healthcare with. We give people the ability to shift money within their account within their family. So Dad’s $500 short, Mom can give it to him.”Carson argues that such accounts would be preferable to the current system of government bureaucracy we have in healthcare. “The annual Medicaid budget is $400 billion to $500 billion a year. We have about 80 million people participating; that’s $5,000 each. Most concierge practices charge $2,000 to $3,000 a year. And then you still have thousands leftover for your catastrophic insurance, which is much cheaper now since everything is coming out of your HSA. And the interesting thing is people say poor people wouldn’t be able to manage a health savings account. Of course they would be able to manage it.”
Say what you want about Dr. Ben Carson — we let a community organizer pass a healthcare reform bill designed by special interests within the insurance industry. I think we can give this man a chance.
[Note: This post was written by The Analytical Economist]