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Ron Johnson: "Obamacare has caused this consolidation. The solution is consumerism. Free market competition."

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Aaron Rupar

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54,116 Aufrufe • vor 6 Monaten •via X (Twitter)

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Ron Johnson: "We've basically driven free market competition out of healthcare. The way you return it? Consumerism."
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Ron Johnson: "We've basically driven free market competition out of healthcare. The way you return it? Consumerism."

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Obamacare’s implementation triggered a massive consolidation of the entire health care industry. We’ve driven out consumerism and erased the benefits of free-market competition. There’s a way to fix our health care system, but doubling down on Obamacare won’t work.
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Obamacare’s implementation triggered a massive consolidation of the entire health care industry. We’ve driven out consumerism and erased the benefits of free-market competition. There’s a way to fix our health care system, but doubling down on Obamacare won’t work.

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Free markets guarantee lower prices, better quality, and better service. We don’t have that in health care because Obamacare reduced free market competition. Bring back consumerism and let people decide what they want to purchase — not the government.
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Free markets guarantee lower prices, better quality, and better service. We don’t have that in health care because Obamacare reduced free market competition. Bring back consumerism and let people decide what they want to purchase — not the government.

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Let’s properly define the problem: we’re talking about continuing temporary COVID-era enhanced subsidies that have led to massive fraud. The original Obamacare subsidies will continue for all but 1.6 million people on the exchanges. Fixing that would cost a couple billion dollars, which we could find offsets to pay for. But we must first acknowledge the reality: premiums are rising because of the flawed design of Obamacare. The solution is consumerism and free market competition.
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Let’s properly define the problem: we’re talking about continuing temporary COVID-era enhanced subsidies that have led to massive fraud. The original Obamacare subsidies will continue for all but 1.6 million people on the exchanges. Fixing that would cost a couple billion dollars, which we could find offsets to pay for. But we must first acknowledge the reality: premiums are rising because of the flawed design of Obamacare. The solution is consumerism and free market competition.

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Ron Johnson: "We're gonna repair the damage done with Obamacare, but we're gonna do it using free market principles, using freedom of choice on the part of Americans, and we'll give them the money to use as they see fit."
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Ron Johnson: "We're gonna repair the damage done with Obamacare, but we're gonna do it using free market principles, using freedom of choice on the part of Americans, and we'll give them the money to use as they see fit."

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Johnson: Obamacare has been a disaster… We have some great examples here. Doctor from Oklahoma is bringing consumers and the free market principles back into health care. Republicans were interested in that, Democrats aren't.
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Johnson: Obamacare has been a disaster… We have some great examples here. Doctor from Oklahoma is bringing consumers and the free market principles back into health care. Republicans were interested in that, Democrats aren't.

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Ron Johnson: "Let's bring free market competition back into the healthcare industry. Let's bring back way more consumer choice. Rick Scott, an expert in healthcare, he's working with people like myself and the White House, let's design the Republican plan."

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The government is not the solution to fix markets. Free market capitalism is.
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The government is not the solution to fix markets. Free market capitalism is.

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Incredible listening to one of the the architects for Obamacare - Zeke Emmanuel - bemoaning the vertical consolidation of hospitals. You designed it to be that way!! His solution : price caps. Keep guys like this far away from health policy making.
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The Equity Podcast team has the latest on Paramount's merger with Warner Bros and a reminder that maybe competition is better than consolidation:
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ObamaCare: Consumer Deception and Taxpayer Fraud ObamaCare subsidy fraud occurs because government agencies care little when spending taxpayers’ money, and insurers and brokers have every incentive not to stop it. As Americans wake up to ObamaCare subsidy fraud, we should remember: the root problem is the unaffordable, low value ObamaCare itself. Fraudsters are stealing from subsidies that feed this hungry, rapidly growing “dragon.” ObamaCare was originally sold to the American people as affordable. President Obama promised that premiums would go down by $2,500. Even then, many economists and analysts already predicted unaffordability we see today. Through numerous regulations, ObamaCare damaged both the insurance market and the provider market. Consolidation, stagnation, high price, and high premiums followed. Some people blamed private companies, but they are simply responding to the bad incentives created by ObamaCare. Others blamed the FTC for market consolidation, but by the time mergers and acquisitions reach the FTC, it’s already too late: ObamaCare has made the soil so toxic that only large entities can survive. That’s why ObamaCare is both taxpayer fraud and consumer deception. The Covid-era enhanced subsidy used taxpayer dollars to lure consumers into unaffordable plans they would not have bought otherwise. This, too, is consumer deception and taxpayer fraud. ObamaCare defrauds taxpayers three times: paying for expensive premium subsidies, paying fraudsters, and paying higher price and premiums for their own employer-sponsored healthcare—caused by ObamaCare. Except for a small group of people who benefited politically or financially from ObamaCare, all Americans lost. Patients were deprived of affordability and access that free markets would bring. Physicians, entrepreneurs, innovators, and American workers couldn’t achieve their full productivity potential. Our jobs, economy, and global leadership suffered. Johns Hopkins Carey Business School Johns Hopkins Bloomberg School of Public Health BSPH / HPM
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ObamaCare: Consumer Deception and Taxpayer Fraud ObamaCare subsidy fraud occurs because government agencies care little when spending taxpayers’ money, and insurers and brokers have every incentive not to stop it. As Americans wake up to ObamaCare subsidy fraud, we should remember: the root problem is the unaffordable, low value ObamaCare itself. Fraudsters are stealing from subsidies that feed this hungry, rapidly growing “dragon.” ObamaCare was originally sold to the American people as affordable. President Obama promised that premiums would go down by $2,500. Even then, many economists and analysts already predicted unaffordability we see today. Through numerous regulations, ObamaCare damaged both the insurance market and the provider market. Consolidation, stagnation, high price, and high premiums followed. Some people blamed private companies, but they are simply responding to the bad incentives created by ObamaCare. Others blamed the FTC for market consolidation, but by the time mergers and acquisitions reach the FTC, it’s already too late: ObamaCare has made the soil so toxic that only large entities can survive. That’s why ObamaCare is both taxpayer fraud and consumer deception. The Covid-era enhanced subsidy used taxpayer dollars to lure consumers into unaffordable plans they would not have bought otherwise. This, too, is consumer deception and taxpayer fraud. ObamaCare defrauds taxpayers three times: paying for expensive premium subsidies, paying fraudsters, and paying higher price and premiums for their own employer-sponsored healthcare—caused by ObamaCare. Except for a small group of people who benefited politically or financially from ObamaCare, all Americans lost. Patients were deprived of affordability and access that free markets would bring. Physicians, entrepreneurs, innovators, and American workers couldn’t achieve their full productivity potential. Our jobs, economy, and global leadership suffered. Johns Hopkins Carey Business School Johns Hopkins Bloomberg School of Public Health BSPH / HPM

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