Policy expert: How will GOP pay for its plan to send tax dollars to flex spending plans?

Policy expert: How will GOP pay for its plan to send tax dollars to flex spending plans?

Spread the love

Congressional Republicans are proposing sending government subsidies to flexible spending plans, with an expert suggesting that tax dollars saved by reducing Medicare fraud could be used to pay for the $30 billion a year move.

President & CEO of Proactive Strategy Group as well as healthcare policy expert Mark Merritt told The Center Square that two key questions for the plan are “how are they going to pay for it?” and “are the healthcare subsidies for anything or just Obamacare?”

The plan “doesn’t have a chance of passing, unless it’s going to be paid for somehow,” Merritt said, while explaining that extending Obamacare subsidies or the same amount of money for other healthcare would cost “about $30 billion a year.”

“There are a lot of Republicans in the House that are very, very concerned about the debt and the deficit,” Merritt said. “It only takes a few of them to not vote for this, so they’re going to want to see this paid for.”

Currently, the national deficit is at $1.78 trillion, which is down $41 billion from last year at the same time.

Merritt suggested to The Center Square that U.S. Sen. Bill Cassidy’s proposed No UPCODE Act could be “a great way to reduce wasteful spending to pay for this.”

The No Unreasonable Payments, Coding, or Diagnoses for the Elderly Act – or No UPCODE Act – was introduced by Cassidy, a Republican from Louisiana, earlier this year to “eliminate waste, fraud, and abuse” in Medicare, according to a press release.

Cassidy’s press team did not respond to a request for comment.

As Merritt explained to The Center Square, Cassidy’s bill “curbs Medicare fraud from insurance companies” and “would save $124 billion over 10 years.”

Merritt believes that “if you could match that No UPCODE Act with any deal that is made to extend healthcare subsidies and to pay for it, that would be a win-win.”

“All the conservatives who want to cut wasteful spending and reduce the debt win, and then you can finance these healthcare subsidies and people who want that win,” Merrit said.

According to Merritt, this would be a case where because people – including insurers – want to get subsidies or “extra money” for Obamacare, they will essentially pay for it “by cutting the wasteful spending that’s going to them by $124 billion in the Medicare program.”

Merrit said he believes many are thinking “if insurance companies are going to profit from this, they ought to pay for it, too. They waste a lot of money that the government can stop.”

In the end, Merritt told The Center Square that he believes the GOP plan to send money to flexible spending plans “is a step in the right direction.”

“Everyone knows that the Obamacare premium tax subsidies that have been under debate are [subsidies] for health insurance companies,” Merritt said. “That money goes to health insurance companies, not to patients.”

Merritt said he believes the Republicans are saying by their proposal that “there are a lot of options besides Obamacare – why only subsidize Obamacare?”

“There are short-term health plans people can choose that are far less expensive,” Merritt said. “Sometimes younger, healthier people … don’t want to spend thousands of dollars on a plan that really doesn’t cover that much.”

“The cost of health insurance is going through the roof and those Obamacare plans are on average up 20% this year,” Merritt said, adding that Obamacare is going up three times faster than “regular insurance that most people get at work.”

Concerning the subject, Trump said he recommends tax dollars being sent to “money sucking” insurance companies “in order to save the bad Healthcare provided by ObamaCare, BE SENT DIRECTLY TO THE PEOPLE SO THAT THEY CAN PURCHASE THEIR OWN, MUCH BETTER, HEALTHCARE, and have money left over.”

“In other words, take from the BIG, BAD Insurance Companies, give it to the people, and terminate, per Dollar spent, the worst Healthcare anywhere in the World, ObamaCare,” Trump said.

Events

No events

Leave a Comment





Latest News Stories

WATCH: Trump, Netanyahu inch closer to peace plan for Gaza

By Sarah Roderick-FitchThe Center Square There was a glimmer of optimism in Washington on Monday as President Donald Trump hosted Israeli Prime Minister Benjamin Netanyahu to iron out a potential...

WATCH: No deal in talks to avoid shutdown as parties blame each other

By Thérèse BoudreauxThe Center Square The top four congressional leaders made little headway on a government funding compromise in a Monday meeting with President Donald Trump, increasing the likelihood of...
WATCH: Pritzker says 100 military troops expected in Chicago, doesn’t have details

WATCH: Pritzker says 100 military troops expected in Chicago, doesn’t have details

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – One-hundred military troops are being requested for Illinois by the Trump administration, according to Gov. J.B. Pritzker,...
DEA surge against cartel turns up fentanyl, millions in cash, guns

DEA surge against cartel turns up fentanyl, millions in cash, guns

By Brett RowlandThe Center Square The U.S. Drug Enforcement Administration said Monday it seized fentanyl, fake pills, millions in cash, 244 guns, and made 670 arrests during a week-long surge...
Illinois quick hits: Woman charged in Metro East murder; taxpayer funded homeowner relief fund announced

Illinois quick hits: Woman charged in Metro East murder; taxpayer funded homeowner relief fund announced

By Jim Talamonti | The Center SquareThe Center Square Woman charged in Metro East murder A Belleville woman is under arrested in connection with a homicide in East St. Louis,...
WATCH: Former state lawmakers endorse, donors support GOP candidate Dabrowski

WATCH: Former state lawmakers endorse, donors support GOP candidate Dabrowski

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – While Gov. J.B. Pritzker remains unchallenged in the 2026 Democratic Party primary, Republican candidates for governor are...
Louisiana native awaits Senate confrmation

Louisiana native awaits Senate confrmation

By Alton WallaceThe Center Square Louisiana native David LaCerte, an official in the U.S. Office of Personnel Management, is still awaiting a confirmation vote in the U.S. Senate.LaCertie was nominated...
Portland protests Trump’s plan to send federal troops to protect ICE facilities

Portland protests Trump’s plan to send federal troops to protect ICE facilities

By Carleen JohnsonThe Center Square Several hundred Portland, Ore., residents took to the streets Sunday afternoon to protest President Donald Trump's order to deploy federal troops to the city to...
With potential mass transit service cuts looming, IL legislators seek reforms

With potential mass transit service cuts looming, IL legislators seek reforms

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – Illinois taxpayers may be put on the hook to pay for a more than three-quarters of...
Trump asks Supreme Court to review birthright citizenship case again

Trump asks Supreme Court to review birthright citizenship case again

By Andrew RiceThe Center Square The Trump administration is asking the U.S. Supreme Court to consider legal challenges on an executive order seeking to end birthright citizenship. The administration asked...
Trump's limited drug tariffs might not bring back U.S. manufacturing

Trump’s limited drug tariffs might not bring back U.S. manufacturing

By Brett RowlandThe Center Square President Donald Trump's 100% tariffs on imported medicines include a carveout for generic drugs, which could limit the move's effectiveness. Monica Gorman served as special...
Government shutdown deadline days away, but Dems don't budge on demands

Government shutdown deadline days away, but Dems don’t budge on demands

By Thérèse BoudreauxThe Center Square Less than 48 hours until the federal government runs out of money, Democratic congressional leaders show no signs of folding on their budget demands. President...
Report: 25 state governments don’t have enough money to pay their bills

Report: 25 state governments don’t have enough money to pay their bills

By Bethany BlankleyThe Center Square Half of U.S. states don’t have enough money to cover their bills, according to a new report published by the nonprofit Chicago-based Truth in Accounting....
Officials react to DOJ voter roll lawsuit

Officials react to DOJ voter roll lawsuit

By Christina LengyelThe Center Square People are speaking up about a lawsuit filed against the commonwealth Thursday by the U.S. Department of Justice for failure to comply with a request...
Defense says more time needed for Tyler Robinson case

Defense says more time needed for Tyler Robinson case

By Dave MasonThe Center Square The defense won’t waive its right to a preliminary hearing but needs more time before a date is set, the court-appointed attorney for Tyler James...