I am a candidate in the May 15 Nebraska Republican Primary for the U.S. Senate because the incumbent, Deb Fischer, is ignoring our enormous and out-of-control national debt. Of course, there are many other important issues addressed by Congress and my last two posts, here, and here, discuss the need for more gun control to reduce the number of mass shootings in the U.S.
Now it’s back to (fiscal) basics.
The Kaiser Foundation has discovered that by far the top issue of concern for voters this year is the high cost of healthcare. Here are some of the many reasons why this should be a very top priority for deliberation in Congress:
- The cost of healthcare is the fundamental driver of our debt problem.
- Three major corporations: Amazon, Berkshire Hathaway, and JPMorgan Chase are banding together to lower healthcare costs for their own employees. All companies have similar concerns.
- A major reason for the high cost of American healthcare is the employer mandate of the ACA which requires companies with 50 or more employees to provide health insurance for all employees.
- Huge savings for employees, employers and government could be had by modifying the employer mandate to give employees the option to migrate to personal healthcare insurance, see here and here.
Conclusion. “The federal government’s most urgent domestic challenge is the exploding debt and deficit.” Getting healthcare costs under control is the key to solving our debt problem and reducing a major expense for millions of American families.