Whole Foods CEO Offers Alternative To ObamaCare

Wednesday, August 12, 2009
By PMA

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John Mackey, the co-founder and CEO of Whole Foods Market Inc., has published a great piece in the Wall Street Journal today offering eight suggestions to implement as an alternative to Obama’s revamping of the health care system.

They are:

  1. Remove the legal obstacles that slow the creation of high-deductible health insurance plans and health savings accounts (HSAs).
  2. Equalize the tax laws so that employer-provided health insurance and individually owned health insurance have the same tax benefits.
  3. Repeal all state laws which prevent insurance companies from competing across state lines.
  4. Repeal government mandates regarding what insurance companies must cover.
  5. Enact tort reform to end the ruinous lawsuits that force doctors to pay insurance costs of hundreds of thousands of dollars per year.
  6. Make costs transparent so that consumers understand what health-care treatments cost.
  7. Enact Medicare reform.
  8. Revise tax forms to make it easier for individuals to make a voluntary, tax-deductible donation to help the millions of people who have no insurance and aren’t covered by Medicare, Medicaid or the State Children’s Health Insurance Program.

Read the full article to see his great more-detailed explanations of these points.

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