Billionaire businessman Mark Cuban pitched his own devise to fix
the Affordable Care Act on Wednesday, amid the House Republican
bid to uncover the law.
He minute the thought on his blog, Blog Maverick. It amounted to single
payer coverage for ongoing earthy and mental illnesses and
life-threatening injuries, and customary insurance for all
The owners of the Dallas Mavericks and star of ABC’s “Shark Tank”
speedy readers to “shoot holes” in the plan.
“Whether it’s Medicaid or a new program, every singular person in
this country should be covered 100% for ongoing earthy or
mental illness and for any life-threatening injury.
“The premiums that we are profitable to insurance companies as
people or as company coverage for these poignant risks
would go from the insurance companies to the IRS. Only the cost
of covering the what’s left would continue being paid to the
“It would not be tough to do the math. Every insurance company
does this research already. The supervision does this analysis
already. We all would finish up profitable more in taxes, but less
in insurance and medical costs over time.
“There would be no mandates. There would be no individual
penalties. No taxation credits. No subsidies. No offsets or
deductions for shopping aloft finish insurance. This will be single
payer (yes I know it’s a unwashed word in this country) for
ongoing earthy or mental illness and for any life threatening
“Everything not covered by the above can be covered by insurance
sole on the free market, managed by the states, sole opposite state
lines, but supervision interference.”
House Republicans released their proposal to reinstate the
Affordable Care Act, differently famous as Obamacare, earlier
this week. But while the offer has been permitted by President
Donald Trump and his administration, many in the more
regressive wing of the GOP have slammed the proposal, such as
Sen. Rand Paul of Kentucky and Rep. Justin Amash of Michigan, who
trust it amounts to “Obamacare Lite” or “Obamacare 2.0.”
Cuban has flirted with the thought of a presidential bid in the
past, recently revelation Business Insider “we will see” when asked
if he was deliberation a run at the White House. A new check showed that, if he was the
Democratic hopeful using against Trump (Cuban is not currently
purebred with a domestic party), the billionaire businessman
would be in a neck-and-neck race with the sitting president.