A conservative congressman and medical doctor from Georgia has introduced a healthcare bill that he claims solves all the current problems in the healthcare financing system without breaking the bank.
Dr. Paul Broun (R-Georgia) has introduced the Patient OPTION Act. OPTION is an acronym for "Offering Patients True and Individualized Options Now." Among other things, the bill would create health savings accounts for Medicare patients, allow 100 percent deductibility for all healthcare expenses for everyone in the country, and reward doctors with tax credits for treating people who do not have insurance or are underinsured. Congressman Broun says unlike the Democratic healthcare bills in Congress, his does not involve a government takeover of one-sixth of the economy. "The bottom line for my bill," Braun explains, "is if and when it's passed into law, it will make healthcare available for everybody in this country, it will lower the cost of healthcare, and it will allow the patient and the doctor relationship to be how healthcare decisions are made -- because the patient's going to be in charge of the healthcare dollars." Broun argues that by putting a "market-based, competitive structure" into the insurance industry, his bill would "stop the monopoly insurance companies have right now," and "solve Democrats' worries about private health insurance."
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