It’s finally happened. The Republican Party has control of the House, the Senate, and the Presidency. The GOP can finally make good on their promise to repeal Obamacare. It’s a promise they’ve been making since their push to retake the House in 2010. Unfortunately, there are many Republicans who are afraid of repealing the Affordable Care Act, at least in its entirety. Those RINOs need to have a long talk with the good Senator from Kentucky. As Rand Paul explains, we need to pass a full repeal of Obamacare and we can’t afford to leave any of its costly ‘popular’ parts in place.
In addition, Obamacare needs to be fully repealed “as soon as possible”. The longer the process is drawn out the more intense the opposition will be from Democrats and cowardly Republicans. Rand Paul wants a full repeal of Obamacare at the earliest opportunity to avoid any hand wringing that could lead to exceptions. Ideally, the repeal should take place within the first week of the inauguration. Luckily, repealing Obamacare can be done with a simple majority vote. There’s no need to make concessions to get Democrats on board. A simple repeal can be done entirely with the existing Republican majority.
Hopefully, Republicans will realize that means they can pass a full repeal of Obamacare. They don’t need to keep what the media keeps calling ‘popular’ parts of the law. Nor should Republicans want to keep them after all. As Rand Paul explained, if they repeal the individual mandate, but leave the pre-existing condition waiver, that would combine to create lopsided insurance pools filled with sick people. Unhealthy people would still buy insurance but healthy people wouldn’t because they’re no longer mandated. Insurance markets wouldn’t be able to operate efficiently under that system and it would likely lead to bankruptcy for many insurance providers.
That doesn’t mean that Rand Paul wants to leave people with preexisting conditions out in the cold. Instead, the Senator proposed a solution that would make it easier for health insurance companies to operate. Instead of trying to solve the problem of costly health insurance with more rules and regulations, as Obamacare did, Rand Paul is trying to solve the problem with fewer. He proposes decoupling health insurance from businesses by rewriting the tax exemption. That would allow larger insurance pools to form wherein the risk drops significantly and with it prices.
This is a free market approach to the problem that has long been advocated by libertarians and conservatives. This approach, combined with allowing health insurance to be sold across state lines, would greatly decrease the cost of health insurance for all – even those with pre-existing conditions. We can only hope Republicans listen to Rand Paul and pass a full repeal of Obamacare promptly so they can begin with these needed free market reforms.