We originally posted this solution back in 2013. These changes are needed now more than ever:
1. Congress must equally abide by all laws they impose on the American people.
2. No Tenure / No Pension. A Congressman/woman collects a salary while in office and receives no pay or any other benefits when they’ve completed their term in office.
3. Congress loses their current taxpayer paid health care insurance during and after tenure and must purchase their own health care insurance by the same laws and rules as the American people.
4. Members of Congress can purchase their own retirement plan, just as all Americans do.
How can we hold Congress accountable for the failed policy they continue to foist on American patients and doctors?
Meet GACRA GIPS, the Government Accountability Credibility Realignment Assessment and Government Incentive Payment System.
With GACRA GIPS, if congressmen and congresswomen don’t work, vote, complete their tasks and create a budget that lives within our means well paying down the national debt, they don’t get paid.
Learn more about this needed reform in the latest article by IP4PI founder Craig M. Wax, DO published by Medical Economics:
Robert Nelson MD of the Georgia Chapter, Free Market Medical Association, writes in:
The fatal flaw, or poison pill, of our entire healthcare system, is that we’ve tried in vane to make it a system.
We set aside everything we knew about human behavior and motivation and behavioral economics and pretended it didn’t exist. We based interventional policy on myths such Roemer’s Law. We tied it to employment by using the tax code. We handicapped markets with McCarran-Ferguson. We handicapped Physicians and other providers with HIPAA. We perverted insurance with all manner of mandate such that it violated every principle of what insurance is supposed to do. This has created Health insulation rather than health insurance.
Then the geniuses thought they can fix it with HMO and then PPOs and now ACOs and all the rest of the alphabet soup that they serve up. All of this has one thing in common and that is price opacity. We have not had a market failure we’ve had one giant pricing failure. We put healthcare on an island and treated it differently and treated it weirdly and regulated it excessively.
Many have gotten wealthy but patients are suffering and doctors are demoralized.
Anthony Wunsch writes:
Well all, I have written many an article on the pitfalls fo EHR systems, cost versus reward, interoperability among providers from different systems and networks, time spent doing data entry rather than patient interaction. When first required this industry spent $450 billion to meet meaningful use requirements phase one, and created a $10 billion per year support need. And that was phase one which completely left out the actual medical care, then phase two came and they said oops we forgot some things, billions more wasted to update, and then phase three and now the just kidding phase.
It was technology introduced backwards, it went to market and used the end users as the beta tests. And as the financing mechanism for those beta test. Any other technology the developers would have funded the development and brought it to market after being perfected, (relative term for technology).
In the end the industry ate the cost and passed it on to patients in the form of higher costs, with not an ounce of evidence it was going to decrease cost or improve care.
And in the end the whole push was so we could move into population health management; please don’t get me started on that rant.
ACA regulations drive costs up and mandates punish those who try to say “no.”
2. Hospital hidden pricing.
Insurers are complicit with hospitals in blocking patients from price shopping. Insurance CEOs want you to believe you need their product to avoid price gouging but often the opposite is true. Middlemen profit when no one knows the price.
3. Pharma costs.
Ubiquitous third-party payment keeps Rx prices (and premiums) soaring. And the PBM crony capitalists are blocking the pharmacist from telling you that the cash price is often lower than your insurance co-pay.
4. They can.
It’s time for patients and doctors to say “no” to the cartels and demand real options.
Here they go again. Once again the AMA is promoting what’s best for the big government / big insurance / big hospital cartel instead of advocating solutions that will truly empower patients, physicians, and increase access to high-quality, low-cost care.
Most agree that we need a healthcare system that encourages people to take care of themselves and covers catastrophic injuries and disease for all people.
I trust the free-market more than government, and some trust the government more than the free market.
MACRA, ACA, HIPAA, HMO act, Medicare and Medicaid were supposed to reduce costs and expenditures. Obviously government only makes it all worse. Looks like a job for the freemarket!
Either way, whichever philosophical system is selected by the people, individuals must freedom of choice and bear their own responsibility to the extent that is humanly possible.
– Craig M. Wax DO
Medical emergency: ER costs skyrocket, leaving patients in shock
- Americans are being overcharged by more than $3 billion a year for ER services, according to data from Johns Hopkins School of Medicine.
- Bills can be nearly 13 times the rates paid by Medicare for the same services.
- Americans in the Southeast and Midwest, and poor and minority patients, are the most exploited by emergency-room billing practices, especially at for-profit hospitals.
Read full story: