Sen. Rand Paul believes Congress’s first course of action should be to repeal Obamacare. However, as he writes in an op-ed for Rare, Congress must simultaneously vote in a replacement for Obamacare — or the consequences will be dire:
What should we replace Obamacare with? Perhaps we should try freedom:
1. The freedom to choose inexpensive insurance free of government dictates.
2. The freedom to save unlimited amounts in a health savings account.
3. The freedom to buy insurance across state lines.
4. The freedom for all individuals to join together in voluntary associations to gain the leverage of being part of a large insurance pool.
If Congress fails to vote on a replacement at the same time as repeal, the repealers risk assuming the blame for the continued unraveling of Obamacare. For mark my words, Obamacare will continue to unravel and wreak havoc for years to come.
Furthermore, Paul stresses that while “pragmatic opponents” of Obamacare “want to keep the feel good aspects” of the law intact, Congress must repeal Obamacare in full:
My fear is that if you leave part of Obamacare in place (the dictate that insurance companies must sell insurance to individuals with pre-existing conditions) then you will see an acceleration of adverse selection and ultimately mass bankruptcy of the healthcare insurance industry.
Don’t misunderstand me. We should repeal Obamacare, but partial repeal will only accelerate the current chaos and may eventually lead to calls for a taxpayer bailout of insurance companies.
Taxpayers have already paid enough for this mess. It’s time to repeal and replace.