Risky Business: Health Insurance and Foreign Policy.

I have to break my hiatus. I cannot be silent on these issues any longer. Its certainly been an interesting few months since I stopped writing on this blog. But I did say I might publish an article or two if I feel really moved. There are two issues that I feel like are quite distressing. Health insurance and Foreign policy are totally different topics. So I will cover them both separately. For heath insurance, I want to discuss the failed Obamacare repeal and replace. Basically I have a way better idea of how to fix healthcare. For foreign policy, it seems that Trump has gone the military dictator route, and it might get us in big trouble.  Without further ado:

Health Insurance:

Everyone has heard about Obamacare. Its pretty much a failure. Even though it gave everyone insurance, the price was way too high. Premiums are going up. Health insurance companies are pulling out. Doctors and Hospitals are getting screwed out of jobs. The website is a mess. Trump tried to fulfill a campaign to replace it and repeal. Its failed too. Although I was not surprised when I saw the garbage they tried to replace it with. I’m young so I didn’t mind the shift of premiums to the older people since I’m young and healthy. However, the problem is the majority of older people are the ones who rely on health insurance the most. The bright spots were that Trump was going to roll back the mandatory clause and penalty. The other bright spot was the clause to keep your insurance under your parents until 26. Other than that it was Obamacare lite. Its almost like when you drink beer. If your in college you go for anything with lite in it because its cheap. Once you become an adult suddenly you can afford some Guinness.

All of this to say that I wasn’t surprised. Of course it didn’t pass. Its not just because the bill was awful either. Trump is inexperienced with Congress. Its all about lining up the votes and that’s something Trump had never done. I like the idea of repealing Obamacare because to me it violates our rights as citizens. The government doesn’t need to babysit us. We should have a choice to get healthcare or risk the consequences. Plus if you can afford to pay out of pocket then insurance is a waste of money. Its especially a waste if you are young and healthy.  So what would I do after I repeal Obamacare. Its pretty simple actually.

Once its repeal, I would write up some regulations, taking some of the good ones that exist already. I would add some new ones. It would change the government’s role in the healthcare business. If you scroll through my blog you would find that I’d do things a little differently with basic income replacing most welfare. This would enable me to privatize medicare and social security. I would continue taking government out of our personal business. The regulations would make so the government watches and monitors prices, monopolies and business practices like pre-existing conditions discrimination. Here are a just a few of the regulations I would enact:

  1. Any under the age of 26 would be able to keep their parents insurance
  2. Pre-existing conditions have to be accepted, no company can turn you away
  3. Insurance companies wouldn’t be allowed to lobby anymore
  4. No more insurance subsidies from the government
  5. Government healthcare website of all different providers (to streamline the sales)
  6. Providers would have to compete for customers based pricing and best coverage
  7. Minimum coverage requirements: like access to doctors, specialists and medications
  8. No mandatory penalties

These are just a few general regulatory things that I would enact. All together it would put the healthcare system into a free market one. The health insurance companies would be force to compete for customers.  This means the provider with the best coverage and price would attract the most customers. There are a lot of health insurances so I would allow some mergers but only for the good of the consumer. Free market will drive down premiums because of the competition element. This is what Obamacare is missing. It may include everyone but the cost is ridiculously high. Those people who can’t afford a basic plan of insurance in the free market would be put on medicare/ medicaid still. Which would be funded by the cut in both welfare costs and military budget cuts (Personnel wouldn’t be cut). Also with the enactment of basic income this will allow everyone an extra 24,000 a year to buy insurance with. If you have a job that is tax-free.

Healthcare insurance is a complicated business. Its risky to mess with it. Pulling back the government is the best way to fix the system. Government tends to make things more expensive. Free market is a better replacement for Obamacare than any alternatives.

Foreign Policy:

It interesting that Trump had almost a knee jerk reaction to the chemical attack in Syria. His bombing was definitely uncalled for but probably didn’t hurt him politically in America. However, the perception around the world is that Trump is a bit of a loose cannon. Trump should tread carefully especially when messing with Russia and North Korea. North Korea’s threat to launch missiles is a little nerve racking because in any scenario, a thermonuclear war doesn’t end well for anybody. Trump should just back off of North Korea because its not worth it. As for Syria, once again you have to be smart. The Syrians and Russians are allies. Therefore messing with Syria is always the best idea.

The good thing is that Russia isn’t as powerful as it was during the cold war. But it still wants to be assertive in its sphere of influence thanks to its President Putin. I think its best just to talk with Russia to keep them in check. Military conflict won’t end well. As for Syria itself, we really shouldn’t get too involved. We already saw what happened in Iraq and Afghanistan. The only type of intervention we need to do is humanitarian. Make sure that innocent people are out of harms way. Accepting refugees is obviously hard to do because of the costs. Also security concerns, just look at Europe with all the terrorist attacks recently. Trump has a tricky road ahead that’s for sure.

I’ll be watching closely to see what happens next here….

I’m not sure when I will post again but probably not for awhile. Thanks for reading!

 

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