This year we have the opportunity to elect a new Commander in Chief for this great country. As this process started nearly a year ago we had more than 15 choices on one side and 3-4 on the other. As we know the field has been dwindled down to just two, well I suppose there is a third option, so I’ve heard. However, the main two options are Hillary Clinton and Donald Trump.
The National Conventions just concluded last week and we as Americans have been given a glimpses into what the next four years under these nominee’s would look like. Hillary Clinton came out saying that the policies of the current President were a good start down the road she would continue on and build upon. While Donald Trump sees this road as a dead end or rather one that takes our country right off a cliff. So the question comes down to what direction you see as best for this country. The current course of growing Government and limiting rights of the people. Or, a change in direction away from a growing State and less restrictions on citizens.
When we look at specific issues this becomes clearer and might help illustrate my point a bit better. Before I do I think it’s interesting just how close this race is. With opposing sides declaring the other is essentially the devil. This displays just how split our country is because honestly both candidates lack luster if you get what I mean. Hillary Clinton has a serious trust issue, security concerns and likely corruption within her foundation. While Donald Trump’s business success has had its failures and he has had some bankruptcies and left vendors unpaid.
Another interesting difference is the resumes of these candidates with one Hillary Clinton a career politician and Donald Trump a Career business man. Both with differing prisms in which they see the country.
I wanted to lay the above foundation in preparation for a series of posts to cover the various political topics.
The remainder of this post will take a look at the Affordable Care Act “ObamaCare” and discuss the current realities where each candidate’s see’s it going and what that would mean for our country.
I was discussing this topic with a business owner I know back in my hometown. He runs a local drywall repair and installation company and has become tremendously effected by the ACA. The expansion he planned was put on hold due to regulations and cost of insurance. It has really been a roadblock for him and so many other businesses. As the cost of insurance is rising, the reporting requirements, regulations and fines are a tremendous burden.
He feels as I do that healthcare should be available to those who need it. However, the Affordable Care Act was not Health Care reform, as it didn’t change how health care was offered. It was Health Insurance reform. Granted that industry did need to evolve a bit, however, other industries drive the cost of service out of control. Industries such as Pharmaceuticals and Hospitals. We as Americans pay significantly more for the same drugs as our neighbors around the world. As well our doctor’s visits and hospital care is more than most countries. I understand quality matters but these are serious issues and is where we find the differences in our candidates.
Hillary, she would like to continue on the same path towards a universal healthcare system. In theory it sounds great everyone has healthcare at any time. In practicality that system has never proven to work. The citizens are tasked with incredibly high tax rates and the care is sub-par and not timely. The course we are on now and the one she would have us continue on would lead to a national Medicare model which is a failed system and will ultimately lead to more corruption, such as in our banking system.
As we’ve seen in the last couple of years Insurance Carriers are getting out of the exchanges or going belly up due to the exchange. These companies where promised millions of dollars in subsidies from the administration, but where paid fractions of what they were owed. Causing many to fail and more in the coming year. Prices are skyrocketing where likely to see some states such as Texas raise premiums bby more than 60% in 2017. So what is this causing? Well as designed it is causing may Health Carriers to leave the market leaving a few for the government to work with. If we continue down this course, we will only have 3-5 carriers in the US. Thus limiting our options and raising our expenses.
Donald I believe see’s this and will do everything in his power to overturn the current ACA. If he uses the Power of the pen like Obama has, he may very likely sign and executive order revoking this catastrophe. I believe D. Trump recognizes the burden of this law not only on employers and employees but also on the Health Insurance industry. Trump would look at policies to lower prescription drug costs and doctor visits. It really comes down to those two things, if those two are reasonable insurance premiums would be as well. How do you control those costs?
It’s simple get more US students into Medical School, right now it is very limiting percentage wise how many qualified young adults get accepted into school. Hire more teaches graduate more doctors and increase the supply to meet the demand.
With prescription drug companies we need to limit their cost of goods. There is no reason to sell the same drug at a fraction of the cost in a different country than in the US. Many of these companies are based here in the US and subject to Government policy. The problem is their lobby is strong, very strong. That’s where an outsider who doesn’t accept their campaign dollars is super important. They can impose regulations and the like without concern for their pressure.
These two things alone would bring the cost of insurance down across the board and allow more people access to coverage. Once the drug companies and hospitals are in control than something like the ACA may work, but likely won’t be needed as employers could voluntarily offer coverage since it’s affordable. Employers like the one mentioned earlier want to offer coverage. Offering Health Insurance helps recruit better employees and helps keep them productive. The trick isn’t to mandate it through government but rather make t so affordable it’s not an option for an employer not to offer it.
Again the status quo with Hillary will only lead down the same road. One headed off a cliff where the only one who can save it is the Government. They will save it by taking control and forcing it upon the people. The Government does very little efficiently or effectively. Not to say they are not needed, but that the system has become one of self-serving purpose.
The change can only come from the outside and D. Trump is that candidate. He knows how to run an organization both domestically and abroad. He realizes the government reach and regulation only drag the US down and is not a sustainable model. The prism in which he views things is one of efficiencies and effectiveness, as any business person with his level of success would be. For this issue he is our guy!