Market-Oriented Health Care Reform
- Allow people to buy health insurance across state lines. Repeal the McCarran-Ferguson Act and enact the Health Care Choice Act to establish inter-state health insurance markets (for choice, competition, portability, affordability)
- Implement tort reform (i.e., caps on punitive awards, loser pays, stronger contract enforcement)
- Equalize tax benefits between employer-provided and individually-owned health insurance. Allow people to deduct the cost of their health insurance from their taxable income like employers can.
- Expand Health Savings Accounts (HSA/HDHP)
- Broaden availability of Medicare Advantage
- Encourage independent medical co-ops for individuals and businesses. Allow people to form groups to buy large group policies.
- Repeal state/federal insurance coverage mandates
- Implement licensing reform for professionals and institutions.
- Reform drug patent law (to increase market entry, competition)
- Facilitate charitable giving on tax forms
- Promote medical cost transparency
- Reform Medicare (waste/fraud/abuse, vouchers, means-testing, HSA's)
- Replace Medicaid and SCHIP with single block grant
- Establish Health-Status Insurance programs and Time-Consistent Health Insurance (for pre-existing conditions, portability)
- Reform U.S. Food and Drug Administration (i.e., testing only, no approvals)
