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NOQ Report Is Moving to AmericaFirstReport.com

The real reason Trump's healthcare transparency executive order could be huge

by Carl Durrek
June 24, 2019
in News

NOQ Report Is Moving to AmericaFirstReport.com

The standard talking heads, pundits, and lobbyists have been weighing in on the President’s executive order, signed today, that adds transparency to pricing for medical procedures, among other things. In all the hot takes, I didn’t hear a single mention of the biggest thing this order could someday bring to the people: Checks on health insurance companies.

Today's landmark healthcare action continues President Trump's mission to put American patients first. pic.twitter.com/v49XxvVjTw

— The White House (@WhiteHouse) June 24, 2019


The health insurance companies themselves are very aware of this potential, which is why they’re balking already.
“Publicly disclosing competitively negotiated, proprietary rates will reduce competition and push prices higher — not lower — for consumers, patients, and taxpayers,” said Matt Eyles, CEO of America’s Health Insurance Plans in a statement. He says it will perpetuate “the old days of the American health care system paying for volume over value. We know that is a formula for higher costs and worse care for everyone.”
This statement is, of course, bogus. It’s a smokescreen. It’s an attempt to confuse the masses as they try to decipher what this really means. To understand that, we have to go back to the days before Obamacare when pricing was the biggest problem with the system. Aspirins costing $15 each. Diapers costing $25 each. All the while, most Americans didn’t take notice because the bills went to the health insurance companies. Sure, patients received an itemized bill, but the bottom line was the deductible, so checking and adding up costs on several pages of the bill was not as common as it should have been.
Obamacare was envisioned to change this, but in the wrong way. Instead of working to reduce the cost of health insurance by reducing the cost of healthcare itself, Obamacare shrouded health insurance companies in even more smokescreens. It not only made it unnecessary but almost impossible to know the actual costs of things. The reason is obvious if you take a look at the industry as a whole. It behooves health insurance companies to promote higher costs of healthcare because with the mandate to buy insurance, health plans needed to justify their own high costs. They weren’t just pulling from the consumers’ wallets. Now, they were pulling from the government’s coffers, so the opportunity to raise premiums had to jibe with high costs of medical procedures.
Hospitals and drug companies were ready and willing to oblige. Their potential for profits increased under Obamacare just as health insurance companies were able to profit.
All of this may sound greedy, but these are all just side effects of Obamacare’s secretive protections. Some were going to take advantage of it, so it behooved everyone to take advantage of it. There was no incentive for competition. There was no need to charge fair pricing when the government was willing to pay high prices and force the people to do the same.
President Trump’s executive order doesn’t change any of this. But here’s the thing. If we can legislate our way out of Obamacare – a promise made by the GOP for six years before they actually had the power to do so – then the resulting free market health industry will be ripe for competition. Pricing transparency will be extremely important in a post-Obamacare world, assuming that world doesn’t go in the other direction with single-payer or Medicare-for-All.
If DC can someday finally pull the plug on Obamacare and not replace it with one of the Democrats’ worse ideas, then this executive order will be huge in a free market healthcare system with consumer knowledge and competition for business.

We are currently forming the American Conservative Movement. If you are interested in learning more, we will be sending out information in a few weeks.

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Yes, We Need Your Help

I hate being “that guy” who asks people to donate because I think our conservative news network is so crucial, but here I am…

When I left my cushy corporate job in 2017, I did so knowing that my family would have to make sacrifices. But I couldn’t continue to watch the nation slip into oblivion and was inspired by President Trump’s willingness to fight the good fight even at his own personal expense. What I didn’t realize then is that conservative media would be so heavily attacked, canceled, and defunded that the sacrifices would be extreme.

Many in this nation are struggling right now even though we weren’t struggling just a few years ago. I’m not alone. But I wake up every morning and operate the sites we’ve been able to build because there’s really no other choice. I refuse to be beholden to Big Tech like so many other conservative news outlets, which is why you won’t see Google ads here. With that said, it’s often challenging to pay the bills and it’s even harder to expand so we can get the America First message out to a wider audience.

The economic downturn has forced me to make a plea for help. Between cancel culture, lockdowns, and diminishing ad revenue, we need financial assistance in order to continue to spread the truth. We ask all who have the means, please donate through our new GiveSendGo. Your generosity is what keeps these sites running and allows us to expand our reach so the truth can get to the masses. We’ve had great success in growing but we know we can do more with your assistance.

We currently operate:

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I would even be willing to entertain investments and partnerships at this stage. I’ve turned them down in the past because editorial purity is extremely important. I’ll turn them down again if anyone wants us to start supporting RINOs or avoid “taboo” topics like voter fraud, vaccines, or transgender supremacy. But I’d talk to fellow America First patriots who want to help any (or all) of our 10 news sites. Hit me up at jdrucker (at) substack (dot) com if you’re interested.

For those who have the means and just want to help keep the mission of spreading a conservative, Christian message to the nation, please consider a generous donation.


Tags: America's Health Insurance PlansCompetitionDonald TrumpEconomyFeaturedFree MarketHealth InsuranceHealthcareMatt EylesMedicare for AllObamacareSingle PayerTop Story

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