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

Meeting-Briefs

Meeting Summary: Joliet Junior College Board of Trustees for June 25, 2025

The Joliet Junior College Board of Trustees met on Wednesday, June 25, 2025. Key actions included the approval of the fiscal year 2026 budget after a contentious debate and hearing...
Will-County-Board-Meeting-June-18-2025

Will County Board Halts Transportation Plan After Contentious 143rd Street Debate

The Will County Board voted Wednesday to send its five-year, multi-million dollar transportation improvement plan back to committee, effectively pausing all projects after a lengthy and heated debate over the...
Will-County-Board-Meeting-June-18-2025

Will County Board Upholds Zoning Denials, Rejecting Developer Appeals

The Will County Board on Wednesday backed its Planning and Zoning Commission (PZC), denying two separate appeals from property owners who sought to overturn the commission’s recommendations against their projects....
Will-County-Board-Meeting-June-18-2025

Split Vote Halts Monee Truck Terminal Project

A proposed truck terminal on vacant land at West Monee-Manhattan Road in Monee Township was stopped in its tracks Wednesday after the Will County Board delivered a split decision on...
Will-County-Board-Meeting-June-18-2025

Future Quarry Fight Looms as Board Approves ‘Tequila Barrel’ Retreat

While the Will County Board greenlit a unique tourist destination featuring overnight stays in repurposed tequila barrels, it also received formal notice of a coming fight to shut down a...
Meeting-Briefs

News Briefs from the Will County Board June 18 Meeting

Monee Church Designated Historic LandmarkThe Will County Board unanimously voted to designate St. Paul's United Church of Christ in Monee as a historical landmark. Member Judy Ogalla, a Monee native,...
Frankfort-Village-Board-Meeting-Graphic-June-16-2025

Frankfort Approves Outdoor Patios for The Loft and Grounded Coffee Bar, Waives All Parking Requirements

Downtown Frankfort is set to expand its outdoor dining options after the Village Board on Monday approved plans for new patios at two adjacent businesses, The Loft and Grounded Coffee...
Frankfort-Village-Board-Meeting-Graphic-June-16-2025

Frankfort Police Department to Get Four New Vehicles in Fleet Upgrade

FRANKFORT, Ill. – The Frankfort Police Department will be updating its aging fleet after the Village Board approved the purchase of four new vehicles for a total cost not to...
Frankfort-Village-Board-Meeting-Graphic-June-16-2025

Indoor Pickleball Facility ‘Pickled!’ Gets Green Light in Frankfort

A new indoor pickleball facility named "Pickled!" is set to open in Frankfort after the Village Board granted a special use permit for the business at its Monday meeting. The...
Frankfort-Village-Board-Meeting-Graphic-June-16-2025

Frankfort to Install Public Wi-Fi at Breidert Green

Visitors to Breidert Green in downtown Frankfort will soon have access to free public wireless internet. The Village Board on Monday approved the purchase and installation of Wi-Fi equipment to...
Frankfort-Village-Board-Meeting-Graphic-June-16-2025

Frankfort Board Approves Indoor Recreation Facility and Setback Variance

The Frankfort Village Board gave its approval to two separate development projects Monday night, clearing the way for a new indoor pickleball facility and a residential addition. Trustees unanimously granted...
Frankfort-Village-Board-Meeting-Graphic-June-16-2025

Meeting Briefs: Frankfort Village Board for June 16, 2025

Downtown Patios Approved, Parking Waived: The Village Board approved outdoor seating for The Loft and Grounded Coffee Bar on Ash Street. To support the downtown businesses, trustees also voted to waive...
Will-County-Executive-Committee-Meeting-June-12-2025

Mental Health Board Awards $5 Million in Grants to Will County Organizations

The Will County Community Mental Health Board has distributed over $5 million in grants to 39 local organizations, marking the completion of its inaugural funding cycle since voters approved the...
frankfort-square-park-district.2

Frankfort Square Park District Adopts Budget and Appropriation Ordinance, Updates Financial Policy

The Frankfort Square Park District Board of Commissioners formally adopted its Budget and Appropriation Ordinance for the 2025-2026 fiscal year on Thursday, finalizing the district's legal spending authority for the...
Will-County-Executive-Committee-Meeting-June-12-2025

County Board Approves Major Code Updates, Discusses Employee Benefits

The Will County Board Executive Committee approved several ordinance updates Wednesday while engaging in detailed discussions about employee compensation and benefits. The committee passed ordinances updating three chapters of the...