Healthcare is a critical sector in the United States and other countries in the world. People criticize the nation's healthcare system, with most critics concerned with the high rate of healthcare spending in the country. As a result, there have been landmark healthcare policies all in an attempt to the sector in the country better and affordable. A good example is the Affordable care Act, nicknamed Obamacare. The policy aims to reduce healthcare spending in the country by lowing the cost of care and increasing the number of health insurance coverage in the country. The problem that arises in the healthcare sector is healthcare spending. For instance, there are many times that the current US President, Donald Trump, has accused Obamacare to be wasting the taxpayers' money. It is one of the reasons that Obamacare has faced numerous court battle with Republican Party opposing it and want it replaced. In this sense, coming up with a good funding procedure and approach for the Obama care policy could be one of the best reasons to make it sustainable in the country. An important issue that the liberal and the conservatives will have a different proposal on this matter.
The conservatisms ideology and Proposal for the Sustainable Obama Care Program Funding
The conservatisms are known for their traditional nature of viewing things. They like sticking to the status quo, and this is something that their ideology needs to reflect. Based on different comments by conservatism, such as Trump, concerning Obamacare, the funding approach needs to look more into cutting spending. The best funding approach in this case based on the conservatisms view is the saving in public programs. The saving, in this case, should include reducing the medical services wages for hospitals, clinics, and physicians and use the funds to support the Affordable care act programs in the country. The lawmakers should design these reforms to address the misallocation of resources like high or low running budgets in different governmental sectors. The aim here is to cut expenditure and use them to fund different policy programs. Conservatisms should use specific strategies to cut spending. The move will help raise more funds to support the policy programs, including the private insurers' competitive bidding for the Medicare Advantage program competitive bidding ( Badger, 2019). Also, the policy can help the government reallocate funds from Medicare and Medicaid to hospitals with people who cannot afford the health insurance coverage. The action ensures every taxpayer gets treatment. Besides, the reduction of the Medicare and Medicaid program's pharmaceutical can also reduce spending. The saving thus is used to fund the policy programs.
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The liberal ideology and Proposal for the Sustainable Obama Care Program Funding
Most liberal minds campaign for most of their programs under the Obamacare policy in the country. In this sense, they are less likely to take a courteous approach to fund policy programs. They are less likely to cut healthcare spending because, in the current campaign, a liberal like Joe Biden seems to support a healthcare system that spends more on its people. The liberal claims that it is as a way to increase accessibility, reduce cost, and make it affordable. The funding proposal for them is increasing taxation and use the excess tax to fund the healthcare policy programs. An excellent example of such a strategy that they can use is the “pay-or-play” requirement. It requires that big companies without insurance coverage contribute a specified amount or percentage as an insurance charge. Such extra money issued to support policy programs ( Reiboldt, 2018). Another option that cans also work under such a proposal is limiting tax preferences for healthcare spending. The last option or strategy is Taxes on different items such as cigarettes, alcohol, and sugar-sweetened. The Amount of money raised from such programs can be enough to support such healthcare policy programs.
References
Badger, D. (2019). How Health Care Premiums Are Declining in States that Seek Relief from Obamacare Mandates. Heritage Foundation Issue Brief , (4990).
Reiboldt, M. (2018). Obamacare Repeal, Budget Issues, Opioid Crisis, and Other Healthcare Policy Updates. The Journal of Medical Practice Management: MPM , 33 (5), 269-270.
