Mitt Romney’s lack of accomplishment in reforming health care at the state level is the main reason why the majority of Americans disapprove of his dismal plan on the national level. Barack Obama based his health reform, known as “ObamaCare,” on the backward legislation created by Romney.
RomneyCare was the ideal for the health reform proposed by Barack Obama, who insisted that “health insurance coverage will be portable among jobs.”
But RomneyCare is eliminating jobs. It requires that businesses comply with expensive and cumbersome regulations from a bigger government. Like RomneyCare on which it’s based, ObamaCare tempts businesses to favor part-time workers over full-time employees, who risk exposing employers to costly penalties.
“Employer-supplied health insurance no longer works,” says health-care expert Roger Battistella of Cornell. “It imposes a heavy burden on American companies when they compete against international firms and creates insecurity and instability for American workers.”
Romney’s disastrous plan is characterized by Professor Battistella.
In light of the aging of the labor force and growth in the size of the retiree population, on the one hand, and the emergence of global trade in which profits and survival are imperiled by high labor cost, on the other…employers are unlikely to remain the nation’s main source of health insurance coverage. The economic pressures they encounter point to a much diminished role. The trend among small-sized firms to disengage totally from the provision of health benefits will not diminish, whereas large firms encumbered with high legacy costs will continue to pursue means for offloading retiree health coverage to others.
It’s time for consumers to take ownership of America’s health care system. Demanding value and greater transparency in quality and price, Americans given the freedom to buy the health insurance of their choice, as with automobile and home insurance, would be supplied with products that assure major expenses are covered.
Unlike the disappointment of the failure by Romney, successful health care reform needs to be based on the following concepts:
- Employer and government financing for health coverage is bad for the American economy, businesses, and workers.
- The federal government is unable to finance new and costly entitlement programs patterned after Medicare and Medicaid.
- The utopian ideal for national health insurance, including a single-payer system, is detached from economic reality, in that it drives up costs by encouraging consumption.
- Government needs to focus on its proper role: overseeing programs and setting standards.
- A plan for health care reform in the United States should transform current employer-funded health programs from defined benefit to defined contribution schemes, for a successful transition to a consumer-owned health care system.
- American consumers will share in efficiency savings with cost containment strategies.
Senator Mitch McConnell said that the first of his legislative priorities is to fix the RomneyCare train wreck. Leading the Senate majority of the United States Congress, he should judge it as necessary and expedient to repeal ObamaCare, based on the misguided employer mandates enacted by Romney, and replace it with a consumer-owned health care system that enjoys the approval of the American public by an amendment to the Constitution of the United States of America.
Such action for health care reform seems most likely to effect safety and happiness.
Roger M. Battistella, Health Care Turning Point: Why Single Payer Won’t Work (Cambridge: The MIT Press, 2010).
Barack Obama, Change We Can Believe In: Barack Obama’s Plan to Renew America’s Promise, (New York: Crown Publishing, 2008).
Joseph Rago, “The Massachusetts Health-Care ‘Train Wreck,’” The Wall Street Journal, July 7, 2010, A17.