Monday, June 22, 2009

Patient/Taxpayer Friendly Health Care Plan Indtoduced

Rep. Louie Gohmert (R-Texas), the man who brought you the Tax Holiday stimulus plan, has a fresh, innovative health care plan that centers on health savings accounts that give individuals control over health care spending.

(Gohmert’s “tax holiday” alternative to Obama’s stimulus plan would have simply excused Americans from paying taxes for most of the year. It would have worked -- at far greater speed and lower cost -- than Obama’s failed stimulus package.)

Every American citizen would maintain a personal, family, household or employer-provided Health Savings Account (HSA), all contributions from pre-tax dollars.

Rather than filtering money through “premiums, profits and taxes first,” patients would spend the money directly from their own HSA.

There is no limit on how much pre-tax money could be put into this health savings account. This would work in conjunction with a catastrophic insurance policy that is adjustable as the savings account grows over years and even generations.

These HSAs would roll over each year and would also be an asset that would be passed on to your family or designee.

Any amount over $3,000 could also be invested in a manner that would “include stable, inflation-protected federal treasury bonds so that your investment can have added growth.

A separate type of federal Treasury bond may be created in other legislation specifically for such investment. That way, as long as there is a United States, your healthcare savings will be there for you when you need it.”

Each person would be issued a debit card to access the funding. These cards would be coded and could only be used for health care purchases. No hassles or paperwork.

“We are rolling out a new health care plan because the plans we’ve seen so far have involved too much government and too much insurance company involvement, which has been a big part of our problem,” Gohmert said at the announcement.

“If you liked my Tax Holiday Plan, you’re going to love this one. This plan will give every American the treatment that they need, when they need it, with the doctor of their choosing and at a price that is affordable.”

You can read the plan online here.

- Connie Hair

1 comment:

Texas Health Insurance said...

Finding a health care plan that is both affordable as well as effective is the real trick. While one plan may be perfect for one person, for another, it could completely miss the mark. We need to reevaluate the way health care is managed in this country and start making improvements now, so the future had a good plan set up for them.