Sally Pipes: How Trump can replace ObamaCare with something 'far better'

Fox News | 7/21/2019 | Sally Pipes
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Rep. Clay Higgins speaks out on 'Fox & Friends' after delivering a personal story about how the Affordable Care Act was completely unaffordable for his family.

On July 9, the United States Court of Appeals for the Fifth Circuit hinted that it might strike down ObamaCare. If it does, then the U.S. Supreme Court will likely have the last word on the law's fate. And it's unclear whether ObamaCare could survive another date with the high court.

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If the courts axe ObamaCare, President Trump has promised to replace it with something "far better." That's a tall order — but not an impossible one. By adopting reforms that inject market forces into health care, the Trump administration can ensure that every American has access to affordable coverage that fits their needs.

President Obama's Affordable Care Act failed to live up to its name. Average monthly premiums for plans sold on the exchanges established by the law have risen 75 percent — from $273 in 2014 to $477 in 2019. Average deductibles for mid-level silver individual plans are north of $4,000.

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People don't have many plans to choose from. In 2019, nearly four in 10 counties had only one choice of insurer on the exchanges.

And yet ObamaCare still has the support of much of the public. Over half of Americans oppose repealing the law. That's largely because the law prevents insurers from denying coverage to people with pre-existing conditions. Nearly 70 percent of people want to preserve these protections.

Plan - ObamaCare - Concerns - People - Conditions

Consequently, any plan to replace ObamaCare must address the concerns of people with pre-existing conditions. Here's how that could work.

The first step is to make individual health insurance more appealing. That can be done by offering universal, age-based, refundable tax credits to help cover the cost of coverage. Unlike ObamaCare's income-based subsidies, these credits wouldn't change if someone...
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