Wednesday, November 30, 2016

Trump nominates Rep. Tom Price for HHS secretary

Price insisted that Republicans can keep the protections for those with existing medical conditions without mandating that all individuals carry coverage or pay a penalty to support an expanded insurance pool. Price said Republicans want to address "the real cost drivers" of health care price spikes, which he said were not necessarily sicker patients, but a heavy regulatory burden, taxes and lawsuits against medical professionals.

DYI:  Nothing in the article - not even hinting - predatory monopolistic pricing of health care costs that are violation of the Clayton - Robinson Patman - and Sherman Antitrust acts.  Enforcing these laws plus allowing for re-importation pharmaceuticals will drop the underling cost of health care by 75% on average!  Dropping medical care from 20% of GDP to 5%!  Not a typo - 5%!  Today medical care is the reincarnation of John D. Rockefeller - COMPETITION IS A SIN.

Here is a short list of changes that DO NOT REQUIRE CONGRESSIONAL APPROVAL as these laws have been on the books for over 100 years.  All they need is active enforcement!

Enforcement of basic business practices - Here is a short list

1.)  Posting of prices with a cap and estimation of service.  This will allow patience the ability to comparison shop.  With the internet competition would quickly become fierce. There is one hospital - a true rarity - The Surgery Center of Oklahoma that posts their prices.  

2.)  Payment based upon service - NOT devised by the paymaster [Medicare - Medicaid - Cash - Private Insurance etc.]  A felonious acts as it constitutes a kickback - and a taxable event for the organization(where is the IRS??). 

3.)  One deductible per insured event.  Not based on the calendar that requires you to pay ongoing deductibles.

REQUIRES CONGRESSIONAL APPROVAL

1.)  Re-importation of pharmaceuticals and medical devices.  I know of many folks who buy their drugs from Canada for around 1/3 the cost.

2.)  End CON laws - Certificate of Need or CON - more like conned as large hospital attempt to flip basic economics on its head by stating less competition will improve patience care.
Require price transparency from all healthcare providers, especially doctors and healthcare organizations like clinics and hospitals. Individuals should be able to shop to find the best prices for procedures, exams or any other medical-related procedure. 
Remove barriers to entry into free markets for drug providers that offer safe, reliable and cheaper products. Congress will need the courage to step away from the special interests and do what is right for America. Though the pharmaceutical industry is in the private sector, drug companies provide a public service. Allowing consumers access to imported, safe and dependable drugs from overseas will bring more options to consumers.
DYI:  Below is his transition team web site - What is missing are those TWO SWEEPING CHANGES.  Without those changes debt levels will explode along with increasing interest rates. 

The Administration recognizes that the problems with the U.S. health care system did not begin with – and will not end with the repeal of – the ACA.  With the assistance of Congress and working with the States, as appropriate, the Administration will act to:
  • Protect individual conscience in healthcare
  • Protect innocent human life from conception to natural death, including the most defenseless and those Americans with disabilities
  • Advance research and development in healthcare
  • Reform the Food and Drug Administration, to put greater focus on the need of patients for new and innovative medical products
  • Modernize Medicare, so that it will be ready for the challenges with the coming retirement of the Baby Boom generation – and beyond
  • Maximize flexibility for States in administering Medicaid, to enable States to experiment with innovative methods to deliver healthcare to our low-income citizens
  • DYI:  If those changes are put back in and implemented there will be plenty of money for the military, infrastructure repair, Social Security and paying down of the national debt by 2% to 3% per year! This would put inflation going backwards or as it is called deflation; based upon increasing supply with a declining money supply improving the common man's purchasing power!

    Its up to you President Trump.  If implemented you will go down as George Washington! 
  • DYI
    

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