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Health Care Reform for America
EXECUTIVE SUMMARY
Legislative Proposals
- Universal Catastrophic Health Insurance for all uninsured Americans
- deductibles of $2000/$4000
- funded by federal government
- coverage supplied by private industry
- Pharmaceutical Industry Regulation
- anti-price gouging legislation
- change in drug patent law
- creation of regional drug formularies
- Medical Liability Reform
- cap on non-economic damages to $350,000
- cap on attorney contingency fees to 20%
- creation of a new system of medical error reporting to help improve future safety
- Tax Code changes
- FTE tax debits and credits
- debits for large employers who dont offer insurance
- credits for small employers who offer insurance
- Tobacco taxto help pay for health care
- Tax deductions for all out of pocket medical expenses
- Health Insurance Industry Regulation
- creation of National Registry
- creation of National Application Service
- administrative simplification of benefits packages and coverage and reimbursement issues
- Medicare & Medicaidincrease cost-sharing to the extent possible
- Federal Oversight Boardto oversee implementation and study effects
- Conflict Resolution Boardto mediate medical malpractice cases and assign responsibility
- Pharmaceutical Review Boardto administer regional drug formularies
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