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2016-03-03 05:00 by Karl Denninger
in Health Reform , 4748 references Ignore this thread
Vote For Trump, Go Broke, Or Die *
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I know, the headline sounds dramatic.

It's true.

Trump has just released his health care reform proposal.  He is the only candidate that has put forward a plan that will force down the cost of medical care by as much as 80%, rendering Obamacare unnecessary along with Medicare.

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.

These two points will cause competition to drive down the cost of medical procedures, and if enforced using already-existing law (15 USC) it will happen.

No new laws need to be passed; the existing body of law is sufficient which means Trump as President can do this immediately, since The Executive is charged with enforcing the law.

It is illegal under 15 USC to take any action when market power exist to conspire to fix prices, restrain trade or harm competition.  Violators are subject to ruinous fines and imprisonmentmaking the age-old "cost of doing business" game by companies a non-factor.

Trump is the only candidate out of both parties promising to do this.  If he does the federal deficit disappears instantaneously and permanently.  Your cost of living falls.  Your purchasing power increases every single year.  At the same time your cost of medical care will fall precipitously, by as much as 80%.

I've pointed this out repeatedly over the years in these pages including in my only-somewhat tongue-in-cheek piece of "model legislation" from 2012.

If you do not support Trump and do everything in your power to not only make sure he is elected but that he keeps his promise then you will wind up broke, dead or both.

It's that simple, and that important.

This is now a single-issue election, and there is only one candidate with the correct view on the issue.

Donald Trump.

PS: Here's a prime example from this morning's emailbag post this article. A reader's kid needed her usual "annual physical" which included an immunization.  The "insurance company" paid over $300 for this service, ex the shot (which incidentally they paid $120 for and, I remind you, county health departments will administer for free as they're required for school.) 

The very same physical is sold for cash for $25; I know this as do you if you have kids, in that you need said physical in order to play school sports and it is in fact the exact same exam.

This example shows that indeed, if Trump wins office your cost of medical care will drop by 80% or more; in this specific case the drop in cost for that service would be 90%.  If everyone gets a $300 exam once a year that costs $25 when bought for cash everyone with said insurance is being robbed to the tune of $275!

Anyone, even the poor, can manage to come up with $25 and thus for such things you need no coverage at all.

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