It is worth looking at the "new" health care bill proposed today. Frankly it is a minor set of amendments to the ACA. It is NOT a repeal, it is at best an editing. One should remember that the core of the ACA remains.
This Bill:
1. Keeps the near confiscatory Medicare Tax on everything an over-65 person has. Sell a house, sell some stocks, sell a car, get taxed 3.75% on the gross. Where does it go? To support some Millennial who wants to follow their dream!
2. It continues to squander money on entities such as PCORI
3. It continues to allow the USPSTF to dictate what is allowable medical care and practice.
The list goes on!
The Senate and the House have accomplished nothing! Wait till November 2018!
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A blog containing opinion and analysis in a wide array of areas including the economy, health care, broadband and international relations.
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- Florham Park, NJ, United States
- Terry has spent most of his career in industry, half in corporate executive positions, and half involved in his start ups. He started on the Faculty and Staff at MIT in 1967 and was there until 1975, and he had returned to MIT from 2005 to 2012 to assist groups of doctoral and post doc students. Terry has focused on a broad set of industries from cable, to satellite, wireless, and even health care software and medical imaging. Terry has published extensively in a broad set of areas as well as having written several books. Terry has returned to Medicine on Boards at Columbia University Medical Center. Copyright 2008-2024 Terrence P McGarty all rights reserved. NOTE: This blog contains personal opinions of the author and is not meant in any manner to provide professional advice, medical advice, legal advice, financial advice. Reliance on any of the opinions contained herein is done at the risk of the user. For publications see: https://www.researchgate.net/profile/Terrence_Mcgarty
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