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Reason
Reason
Health
J.D. Tuccille

Obamacare Subsidies Can't Fix a Broken System. Rand Paul's Bill Could.

Last week, the U.S. Senate rejected two health care bills intended to resolve the impasse over COVID-19–era Affordable Care Act (ACA), a.k.a. Obamacare, subsidies and, to one extent or another, concerns over the cost of medical coverage. Both were blocked by the near impossibility of advancing anything in that body without 60 votes in support. The Democrat-sponsored legislation would have kicked the can down the road on Obamacare plans' inherent flaws by extending "temporary" subsidies for another three years. The Republican bill was a more serious effort that would bring some reform to the system by expanding Americans' access to Health Savings Accounts (HSAs). But neither is going anywhere right now.

Maybe that's for the best. Sen. Rand Paul (R–Ky.) proposes better legislation that expands Americans' access to HSAs and to group health plans offered by all sorts of organizations across state lines.

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