“With the election results in a state like Massachusetts, I hope my colleagues on the other side of the aisle will be convinced to go back to the drawing board on the issue of health care reform,” said Corker. “If the president wants to take a truly bipartisan approach on health care, he would go a long way by reforming Medicare to ensure it remains solvent instead of taking money from it to create a new entitlement as the current bill does. Doing so would have a positive effect on our economy by reducing our long-term debt and strengthening the dollar.
“As I’ve said before, I would also support an approach that puts in place strong insurance regulations to force robust competition among insurance companies and ensures that people with pre-existing conditions are not denied coverage.
“We could cover millions of Americans without adding to the federal deficit by changing the tax code to limit tax advantages for the most costly insurance plans, which are currently subsidized through the tax code, and using those funds to provide advanceable, refundable tax credits giving citizens cash in hand to make monthly payments for health insurance.
“We could finally address tort reform because, according to the American Medical Association, liability pressure raises health system costs by $84 billion to $151 billion per year.... read the rest of the story by Subscribing now.