The big government Obamacare approach does not address the root causes of America's health care crisis. Instead, it creates layers of new taxes, regulations, and bureaucracies that will ultimately make our problems worse, not better. Newt proposes a personalized health system that would save lives and save money by empowering doctors and patients with more choices and more information.
Reforms to save lives and save money
1. Make health insurance more affordable and portable by giving Americans the choice of a generous tax credit or the ability to deduct the value of their health insurance up to a certain amount and by allowing Americans to purchase insurance across state lines, increasing price competition in the industry.
2. Create more choices in Medicare by giving seniors the option to choose, on a voluntary basis, a more personal system in the private sector with greater options for better care. This would create price competition to lower costs.
3. Reform Medicaid by giving states more freedom and flexibility to customize their programs to suit their needs with a block-grant program similar to the successful welfare reform of 1996.
4. Reward quality care by changing the Medicare and Medicaid reimbursement models to take into account the quality of the care delivered and incentivizing beneficiaries to seek out facilities that deliver the best care at the lowest costs.
5. Reward health and wellness by giving health plans, employers, Medicare, and Medicaid more latitude to design benefits to encourage, incentivize, and reward healthy behaviors.
6. Stop health care fraud by moving from a paper-based system to an electric one. Health care fraud accounts for as much as much as 10 percent of all health care spending, according to the National Health Care Anti-Fraud Association. That's more than $200 billion a year. Compare this to the 0.1% fraud rate in the credit card industry thanks to its high-tech information analysis systems.
7. Stop junk lawsuits that drive up the cost of medicine with medical malpractice reform.
8. Speed medical breakthroughs to patients by reforming the Food and Drug Administration.
9. Inform patients and consumers of price and quality so they can make informed choices about how to spend their money on care. Patients have the right to know this information, but finding it is virtually impossible.
10. Invest in research for health solutions that are urgent national priorities. More brain science research, for example, could lead to Alzheimer's Disease cures and treatments that could save the federal government over $20 trillion over the next forty years.