like_that;1837546 wrote:I like Rand Paul's replacement and it seems to be gaining steam.
The $5,000 credit is just government spending through the internal revenue service. It would be more efficient to just have HHS issue $5000 cards like the Dep. Of Agriculture does with SNAP.
But some consider that unjust dependency even the reliance on $5,000 in spending through credit system is economically the same.
Moreover, I think they should just let the number float w/ plan and allow higher values up to out of pocket maximum.
Require some to go away if not used for preventative care every year and then allow rest to roll over or be converted to cash at year end - that would generate the sort of consumer incentives GOP wants.
Would be way better carrot than Obamacare IMHO.
Think you need to keep the tax on freeloaders though as an added stick but axe the medicare tax increase and tax on medical devices.
Also should only get the tax free card/credit obvi if you have health insurance.
My guess is Paul's plan will increase the deficit more than ocare but I think that is a good thing.