Grand Bargains: Fixing Health Care and the Economy

Consider “Grand Bargains” health care reform featuring private, competing, member-owned, self-regulating health care cooperatives funded by member premiums (one-third) and the government (two-thirds—the current government level of funding). The Grand Bargains health care reform strategy will:

1. Reduce health industry waste—excessive administration, over treatment, fraud, and overcharging.
2. Save taxpayers/health care consumers $16 trillion in health expenditures over a decade.
3. Provide universal coverage without onerous co-payments and deductibles for services.
4. Give patients choices of plans and providers.
5. Shift from centralized health care regulation by the federal and state governments to private, member owned, self-regulating, competing health care cooperatives (accountable care cooperatives), and thereby.
6. Propel a race to the top in health care quality, innovation, and health outcomes.