Transcending Obamacare: A Patient-Centered Plan for Near Universal Coverage and Permanent Fiscal Solvency
by Avik Roy
August 14, 2014
The Universal Exchange Plan brings us closer to true universal coverage; it is estimated to increase by 12 million the number of U.S. residents with health coverage, and with the financial security that health coverage allows. The plan permanently stabilizes the fiscal condition of the United States, reducing the federal deficit by approximately $8 trillion over its first three decades; and by, over the long term, encouraging U.S. gross domestic product to grow at a faster rate than federal health care spending. Most important, the plan sows the seeds for a consumer-driven health care revolution, one that could materially improve the quality of health care that every American receives, and restore America’s place as the world’s most dynamic economy.