Public-Option Health Care is a Start, Not a Solution

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Vested economics offers a viable path forward  

Public-option health care plans have become increasingly popular in recent years. They are viewed as more affordable health care options for a growing number of Americans who are struggling to afford health care.

According to a story in The Wall Street Journal, many state lawmakers are turning their attention to Nevada, saying it could represent the future of health care. Nevada passed a public-option plan in May, and it was signed into law this month by Gov. Steve Sisolak. Under the premise of a public-option, Nevada lawmakers say the goal is to “…reduce costs for consumers by creating a ‘public option’ that would have private insurers offer lower-priced health plans.”

The story goes on to say that Congress “is seeking public comment on a national version of a public-option structure.”

Other states either have passed similar laws or are exploring these health care options. For instance, Washington state was the first to pass a public option, which took effect this year, while Colorado’s plan was just enacted. Other states that have expressed interest in potential plans are Illinois, New Mexico, and Oregon.

Whether you agree or disagree with a public option plans—and many Republicans say it is a bad thing because it could do financial damage to private insurers—the reality is that lawmakers across the land are searching for solutions to lessen the exorbitant cost of health care.

There’s no doubt that many young people and families are struggling to pay for health care, and some may even forego it all together given the high price of premiums. As we noted in a previous post, Americans pay the most per capita in health care at $11,072.

And that’s really a sad situation when you consider that other countries have already found solutions to rising health care costs.

Despite the uncertainty, there is a health care system that can work for all American citizens – and that’s called national vesting.

National vesting makes it possible to provide healthcare coverage for every single American. Robert Whitehair, founder of the Center for National Vesting, has found, through his mathematical formulas, what he calls “a market surplus that now exceeds $15 trillion per year.”

The market surplus produced by every American is the key ingredient to national vesting. National Vesting, in turn, is the key to transforming our economy and the lives of every single American – for the better.

There is absolutely no need for any American to be turned away for lack of health insurance. And while a public option for health care may be a step in the right direction, a vested economics plan will have more lasting impact.

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