As might be expected, the current council of economic advisors has zero appetite for radical change when it comes to health care policy. (Photo: Shutterstock)
Well, the suspense is over: the Trump White House is not a fan of Medicare for All.
The recently released annual report by the White House Council of Economic Advisers goes to some length to argue that a Medicare-for-All reform, a concept promoted by several Democratic candidates for president, is a bad idea for the country.
The report explains why a universal health care system more line with the model of Democratic Socialist countries such as Denmark or Norway will not work in the U.S. But the report is not all negative about health care policy: it talks up the Trump administration's repeal of the individual mandate and other efforts to expand choice and cut costs for health care consumers.
Reporting on a strong economy
The annual report is really not much different than reports from previous years and previous administrations: it touts the successes of the current administration and promotes policies that the administration favors. So this year's report ticks off the good news: GDP growth of 3.2 percent; a decline in the unemployment rate down to 3.7 percent; and an average of 223,000 jobs added per month for 2018.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
