Sen. Hatch: GOP Health Plan Makes Financial Sense

Thursday, 30 Jan 2014 02:09 PM

By Wanda Carruthers

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
The GOP health plan proposal "makes sense from the financial standpoint" as an alternative to Obamacare, a law that will eventually run the country into bankruptcy, Sen. Orrin Hatch said Thursday.

"We've got to come up with a consumer-based approach that really gets rid of Obamacare, but also makes sense from the financial standpoint," the Utah Republican told MSNBC's "Daily Rundown."

"What people don't realize is, the Obamacare is going to run us right into bankruptcy. We won't be able to pay for it," he added.

Story continues below video.



The GOP alternative, called the Patient Choice Affordability, Responsibility, and Empowerment Act, or CARE, was introduced by Hatch and co-sponsored by Sens. Tom Coburn of Oklahoma and Richard Burr of North Carolina. He said his bill would keep some of the more popular aspects of Obamacare, including health coverage for pre-existing conditions and children being able to stay on their parents' health plan through age 26.

Hatch said the bill takes out the costly mandates, taxes, and regulations in Obamacare, and shifts the management of healthcare to the states. He described it as a "consumer-based program" that saves money because it gets "rid of the bureaucrats ... in Washington, and all of the government processes that just eat up funds right and left."

Obamacare was "not going to work," Hatch said, and explained one problem with the law was that it pushed costs into Medicaid. He said the GOP bill would "reform Medicaid and make it work again."

"In the future, [Medicaid] is going to be unfunded, and we've got to find some way of ... completely rehabilitating Medicaid. And we do that in our bill," he said.

Related Stories:


© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Report: Hackers Stole Passwords to Access Sony's System

Thursday, 18 Dec 2014 19:41 PM

Sony's computer system was hacked by individuals who stole the computer passwords of a system administrator , giving the . . .

Pakistan's Revenge: 77 Militants Killed After School Massacre

Friday, 19 Dec 2014 07:34 AM

Pakistani warplanes and ground forces killed at least 77 militants in a northwestern tribal region near the Afghan borde . . .

Fareed Zakaria: Shamefully, North Korea Has Won

Friday, 19 Dec 2014 07:03 AM

North Korea has effectively threatened to launch terror attacks in America if an artistic work were to be shown publicly . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved