Wyoming Liberty Group
Since Obamacare took effect in 2013, the cost of health insurance has exploded. Turns out it’s very costly for the insurers themselves and some are paying the ultimate price.
In early October, one of those insurers, WINhealth, announced it faced severe financial challenges and was leaving the Obamacare exchange. Just 11 days later, the company declared bankruptcy, leaving 13,000 Wyoming customers uninsured.
Wyomingites pays more for health insurance than residents of any other state. And thanks to Obamacare, we’re about to pay a lot more. Starting in 2018, employer-based health plans that exceed $10,200 in premiums for individuals and $27,500 for families will be hit with a whopping 40 percent “Cadillac Tax.” If you receive health insurance through your work, get ready to pay a lot more for it. And even if you don’t, be prepared for higher taxes.
In a promising moment of bipartisan agreement, members of Wyoming’s Joint Labor, Health and Social Services Committee began drafting legislation that will allow patients and physicians to contract directly with each other and escape our disastrously overregulated insurance system.
This legislation will strengthen every Wyoming resident’s Constitutional right to health freedom. As stated:
Lovell, WY- The Wyoming Liberty Group testified in favor of Direct Primary Care before the Joint Labor, Health, and Social Services Interim Committee this week, an innovative healthcare payment plan that if exempted from state insurance regulations would expand health access at a fraction of the cost of traditional health insurance.
“Direct Primary Care has lowered healthcare costs for patients in other states because it aligns the interests of patients with their doctors,” said Charlie Katebi, WyLiberty’s Healthcare Policy Analyst. “When patients pay a single fee for their care, it is in their doctor’s interest to keep them as healthy as possible, as cost effectively as possible.”
Testimony of Charlie Katebi, Healthcare Policy Analyst, Wyoming Liberty Group
Before the Labor, Health, and Social Services Committee
August 24, 2015
Direct Primary Care-Insurance Exemption
My name is Charlie Katebi. I am a Policy Analyst at The Wyoming Liberty Group. I would like to express my thanks to the Joint Labor, Health and Social Services Committee for the opportunity to speak here this morning.
Following the Supreme Court’s creative reading of Obamacare in its King v. Burwell decision, politicians rejoiced, including those in Wyoming. Governor Matt Mead said in a Press Release:
“This decision allows 17,000 people in Wyoming to continue to receive a tax credit for health insurance and avoids many potential complications of those individuals losing that credit. Simply stated, this ruling maintains the status quo.”
Progressives constantly frame the debate over healthcare reform as a false choice: should healthcare be financed through insurance companies or the government? Both options leave patients at the mercy of third parties.
Now an alternative known as Direct Primary Care promises to put the patient back in the driver’s seat. The patient pays a flat monthly fee or retainer, and in exchange, physicians provide primary care services. These services include checkups, urgent care, and chronic care management.