Liberals Want Obamacare, Conservatives Want Repeal, And Everyone Should Want Single Payer
Start writing a post
Politics and Activism

Liberals Want Obamacare, Conservatives Want Repeal, And Everyone Should Want Single Payer

It addresses all the concerns that both parties whine about.

Liberals Want Obamacare, Conservatives Want Repeal, And Everyone Should Want Single Payer

Despite what President Trump has stated, many of us knew that healthcare is a complicated issue. It's no accident that the literature and regulations in the Affordable Care Act, better known as Obamacare, was the size of a couple of Harry Potter novels. There's a lot to go over.

Obamacare is imperfect, this much is clear. For those who make more than 400 percent above the poverty line, insurance premiums are doubling and even tripling. On the flip side, before Obamacare, patients in desperate need of help could be turned away from insurance companies because of a pre-existing condition. In one extreme case, coverage was denied to a four-month-old child for being too fat. Since Obamacare has been passed, the uninsured rate has been brought down to a record low.

But congressional republicans are working with President Trump to repeal and replace the law, sparking endless debate. Here's the breakdown:

What conservatives want:

Like most people, conservatives are concerned with the rapid increase in insurance premiums. The problem they see is that Obamacare isn't letting the markets go to work. They see the law as too much unnecessary regulation on insurance companies. In some places, competition has become so scarce, people have been forced to choose from only one available insurance plan. Conservatives also think competition can bring the prices down if patients can cross state lines to buy healthcare. All in all, conservatives believe the government is doing more harm than good and would like to see the health insurance markets freer. They are, however, faced with a dilemma of the public's desire to be covered, and the conservatives' desire to get government out of insurance. As conservative journalist Phillip Klein of the Washington Examiner writes:

Republicans are in serious danger of repeating Obama's mistake because they are having a tough time stating a simple truth, which goes something like this: "We don't believe that it is the job of the federal government to guarantee that everybody has health insurance."

What liberals want:

Other than the obvious desire to keep Obamacare, liberals, for the most part, want to fix its imperfections too. They want to keep many of the provisions currently in the law such as coverage for pre-existing conditions, Medicaid expansion, and the ability to stay on a parents insurance until the age of 26. They don't believe that the free market will do enough to help people because demand for expensive health services is too inelastic to be in a fair free market. But they acknowledge that Obamacare has major problems, and they're committed to amending it rather than replacing it.

(Re)Introduce single payer

Single payer healthcare addresses both sides concerns and goes even further. Single payer, for those who don't know, is when the government finances all or most healthcare costs. Variations of single payer have been introduced in the past. For example, in the original draft of Obamacare, there was this thing called a public option, which was essentially single payer for anyone who didn't want private insurance.

Those above 400 percent of the poverty line don't receive the Obamacare protection of a 9.3 percent of income cap for healthcare expenses. Because of this, their premiums can keep increasing with no protections against it. In a single payer system, everyone regardless of income will have their healthcare covered.

Because everyone is guaranteed coverage, regulations on private insurance companies will no longer be needed, and the markets will have more freedom to operate however they desire to operate, which can potentially bring down premiums.

Conservatives won't have to worry about people being restricted to the plans in their state because they have guaranteed coverage under the single payer, and a private market with more freedom.

Obviously, liberals wouldn't need to worry about preexisting conditions, Medicaid or insurance eligibility because again, every citizen is guaranteed coverage.

There are many ways to implement single payer as well, it's not set in stone. We could do what Britain does, where the entire country's healthcare system is nationalized by the government. We could do what Canada does, where they have a mix of private and government run hospitals. Or we could try something completely new. For example, economist Warren Mosler proposes a $5,000 voucher to buy private insurance, and then any amount needed after that would just be covered by the government.

The age old question. "How do we pay for this?"

For a long and detailed explanation on how government finances work, click here.

Here's the short explanation. The United States government is the single monopoly issuer of the United States Dollar. Dollars don't exist until the government spends them into existence. Therefore it would be illogical to ask taxpayers to finance a federal health plan, just issue the dollars needed. The question shouldn't be how to pay, but rather how we can make the healthcare policy as effective in its outcomes as possible.

Britain, France, Japan, Germany, Canada, The Netherlands, and Switzerland have a combined amount of 0 bankruptcy filings for healthcare costs. But in The United States, healthcare costs account for 68 percent of bankruptcy filings. Obviously, they have it right and we have it wrong.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Student Life

100 Reasons to Choose Happiness

Happy Moments to Brighten Your Day!

A man with a white beard and mustache wearing a hat

As any other person on this planet, it sometimes can be hard to find the good in things. However, as I have always tried my hardest to find happiness in any and every moment and just generally always try to find the best in every situation, I have realized that your own happiness is much more important than people often think. Finding the good in any situation can help you to find happiness in some of the simplest and unexpected places.

Keep Reading...Show less

Remember The True Meaning of Christmas

“Where are you Christmas? Why can’t I find you?”

A painting of the virgin Mary, the baby Jesus, and the wise men

It’s everyone’s favorite time of year. Christmastime is a celebration, but have we forgotten what we are supposed to be celebrating? There is a reason the holiday is called Christmas. Not presentmas. Not Santamas. Not Swiftmas. Christmas.

boy standing in front of man wearing santa claus costume Photo by __ drz __ on Unsplash

What many people forget is that there is no Christmas without Christ. Not only is this a time to spend with your family and loved ones, it is a time to reflect on the blessings we have gotten from Jesus. After all, it is His birthday.

Keep Reading...Show less
Golden retriever sat on the sand with ocean in the background
Photo by Justin Aikin on Unsplash

Anyone who knows me knows how much I adore my dog. I am constantly talking about my love for her. I attribute many of my dog's amazing qualities to her breed. She is a purebred Golden Retriever, and because of this I am a self-proclaimed expert on why these are the best pets a family could have. Here are 11 reasons why Goldens are the undisputed best dog breed in the world.

Keep Reading...Show less

Boyfriend's Christmas Wishlist: 23 Best Gift Ideas for Her

Here are the gifts I would like to ask my boyfriend for to make this season unforgettable.

Young woman opening a Christmas gift

Recently, an article on Total Sorority Move called 23 Things My Boyfriend Better Not Get Me For Christmas, was going around on social media. I hope the author of this was kidding or using digital sarcasm, but I am still repulsed and shocked by the lack of appreciation throughout this article. I would like to represent the girlfriends out there who disagree with her standpoint -- the girlfriends who would be more than happy to receive any of these gifts from their boyfriends.

Keep Reading...Show less
Two teenage girls smiling

The 2000s were a time that many young adults today can look back on, joyfully reminisce and somewhat cringe at the trends and the fads that we all used to love and adore. Here's a list of things from the golden 2000s that will have one feeling nostalgic about all of those times.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments