Previously posted by one of our esteemed members:
A National Health Program for the United States: A Physicians' Proposal
(New England J. of Medicine)
The law has needed revisions since the results after a couple of years came in, but that has run into political opposition. It was a compromise to get the pharmaceutical and the insurance companies to participate. A few things it did off the top of my head:
1. Require and fund electronic medical records. Not only ridding us of paper but making histories and results immediately available. This helps with treatments, continuity of care, shortened hospital stays, transfers to other facilities and identify fraud which is 10-15% of our health care costs as a nation.
2. CMS has subsequently instituted standards for admission, length of stay and transfers/discharges, cutting costs and wastes.
3. Direct payment to providers instead of through states. Administration costs in our system are huge expenses.
4. Reimbursements are tied to criteria. Facilities can keep patients longer after meeting the criteria for discharge/transfers but they eat the cost. Penalties are tied facilities consistently violating standards. Conversely, if they can discharge the patient sooner, they get the savings from a standard length of stay.
5. As a result, facilities and insurance companies hired case managers to make these more efficient, saving money.
6. Expand the consumer pool to 140% of the federal poverty level so that they could purchase health insurance, nationally or within their state.
7. Set limits on health insurance companies raising rates to 10% a year, but following through had to go through state insurance commissions.
8. Cap HC insurance administrators' raises and bonuses w.r.t. profits.
9. Covering more people without health insurance and providing low cost annual visits and preventative care for participants decreased the expensive ER visits. In turn, early identification and treatments lowered the overall costs to individuals, states who needed to fund their public hospitals and taxpayers.
10. Create waivers by which states could tailor their programs and lower costs.
11. Guarantee coverage to those with pre-existing conditions.
12. Mandate participation of all Americans so that low-risk patients could be combined with those high-risk patients to make HC insurance companies more willing to take on risks in that pool vs. only high-risk patients.
13. Provided for appeals on any decisions.
What it could not do was limit or negotiate drug prices as the VA and Medicaid do. Also, HC insurance companies have merged the result has been less competition for coverage in states pressuring state insurance agencies for approving higher rates. It also could not control the costs for physicians contracting with hospitals from passing their bills to patients (surprise medical bills), nor provide transparency for the consumer on total costs of tests and stays.
Lax, your points 1, 4, and 5 sound a lot like what some have termed "socialized medicine" but are also similar to what the ACA tried to address. Would I be correct in assuming that your points would be regulated by the federal government?