Publications
Publications
- September 2, 2020
- RealClearPolicy
How to Pay for Public Option Without Tax Hike
By: Regina E. Herzlinger and Richard Boxer
Abstract
A bipartisan combination of the two parties’ most popular initiatives can expand health care coverage, significantly reduce costs, and enable freedom of choice, without raising taxes. Along the way, we can revitalize competition between public and private plans. Our plan could be the early centerpiece of the next president’s health care initiatives. A “Public Option” for health insurance that uses Medicare provider pricing and is administered by private insurers whose overall pricing conforms to GAAP will attain important, bi-partisan goals. For the Democrats, its lower costs will enable enrollment of the self–insured and the many uninsured employees of SMEs, while, for the Republicans, its pay-as-you-go pricing will avoid exacerbating Medicare’s massive deficits.
Keywords
Health Insurance; Public Option; Health Care and Treatment; Insurance; Cost Management; United States
Citation
Herzlinger, Regina E., and Richard Boxer. "How to Pay for Public Option Without Tax Hike." RealClearPolicy (September 2, 2020).
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