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One of the first things President-elect Donald J. Trump has promised as soon as he takes over the White House is that he will repeal Obamacare and smash it to bits on his first day in office. It’s a bold promise. But will he be able to deliver? And, most importantly, what will his replacement look like?
These are important questions that everyone wants answered. However, amidst all the political rhetoric by the Democrats and the liberal media, the actual policy proposals suggested by the President-elect have been lost somewhere in the mix. So it’s essential to separate fact from fiction.
If you want to know more about the specifics of Donald Trump’s healthcare plan, you need to visit his website where he lays out the agenda and suggests a seven-point plan to offer America an alternative healthcare plan. But if you’re too lazy to read, here are some of the essential features.
Trump promises to get rid of Obamacare. No compromises there. And the reason behind the bold step is to give American public the right to choose to buy health insurance on their own terms. What he suggests, instead, is to abolish existing regulations that prevent insurance companies from offering policies across state lines. According to Trump, more companies would mean more business and more business would drive the insurance prices further down.
The crux of the Trump healthcare plan is that, true to the Republican ideology of limited government, business competition is the key to the success of insurance in America, rather than government action.
Would it all work?
This is the biggest question surrounding Trump’s healthcare plan. It ultimately comes down to the numbers. Do the numbers support Trump’s promises? Will the plan be successful?
According to some of the leading analysts, it absolutely will. Jon Healey of the LA Times, for instance, says, “Requiring healthcare providers to disclose prices will encourage people to start looking for better value. That’s when market forces could go to work.”