The Donald Trump campaign has posted the candidate’s plan to repeal Obamacare and do away with the ruinous individual mandate.
“Since March of 2010, the American people have had to suffer under the incredible economic burden of the Affordable Care Act—Obamacare. This legislation, passed by totally partisan votes in the House and Senate and signed into law by the most divisive and partisan President in American history, has tragically but predictably resulted in runaway costs, websites that don’t work, greater rationing of care, higher premiums, less competition and fewer choices,” the Trump website explains.
On the first day in office Trump promises “to immediately deliver a full repeal of Obamacare.”
In addition to repealing “this terrible legislation,” the Trump administration will work with Congress to implement free market principles “that will broaden healthcare access, make healthcare more affordable and improve the quality of the care available to all Americans.”
In order to break up healthcare insurance monopolies the Trump plan will permit the sale of healthcare across state lines allowing vendors to compete and thus lower prices for consumers. “By allowing full competition in this market, insurance costs will go down and consumer satisfaction will go up,” Trump argues.
Consumers will be allowed to shop around to find the most affordable price for exams and other medical-related procedures. Price transparency will be required by healthcare providers, organizations and doctors.
The plan will put an end to government enforced monopolization of the drug industry. “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,” Trump explains.
Health insurance premium payments will be fully deductible under the federal tax system. “Businesses are allowed to take these deductions so why wouldn’t Congress allow individuals the same exemptions?”
Additionally, the plan calls for tax-free Health Savings Accounts (HSAs) that will be allowed to accumulate and be passed on to heirs without the threat of the so-called death penalty.
Trump’s plan also calls for enforcing immigration laws. “Providing healthcare to illegal immigrants costs us some $11 billion annually. If we were to simply enforce the current immigration laws and restrict the unbridled granting of visas to this country, we could relieve healthcare cost pressures on state and local governments,” he explains.