The Peterson Center on Healthcare accelerates the adoption of innovative solutions that improve quality and lower cost on a national scale. The House voted on the American Health Care Act earlier this month without waiting for the CBO to weigh in, an unusual move that had the potential to derail the bill entirely if the score failed to meet certain procedural requirements. The amendment won over critical support from the right-wing Freedom Caucus, allowing the bill to narrowly pass the House.
Whatever one thinks of the recent health care bill passed by the House of Representatives, one of my biggest disappointments is the lack of discussion of supply-side initiatives among even health economists who know many of the facts. It says that they can’t be trusted to consider the medical evidence, have conversations with their primary care physicians, and make decisions about their healthcare that are right for them.
On the campaign trail, Donald Trump used language that implied the same, promising better health care at a lower cost that would include everyone. Nearly every single developed economy eventually instituted universal health care organized by the government.
Depending on the type of health insurance coverage, either the insured pays costs out-of-pocket and is then reimbursed, or the insurer makes payments directly to the provider. Sign up for free enewsletters and alerts to receive breaking news and in-depth coverage of healthcare events and trends, as they happen, right to your inbox.
There are 4 different types of health insurance products that provide the protection you need at each stage in life. Congress has begun the work of replacing the Affordable Care Act, and that means lawmakers will soon face the thorny dilemma that confronts every effort to overhaul health insurance: Sick people are expensive to cover, and someone has to pay.