Balanced Choice Health Care is a new set of ideas that Ivan Miller, PhD has developed to implement an American health insurance system which will cover everyone. He has been working on this for 12 years. I have added a link on my blog to Balanced Choice because I believe this proposal merits serious attention.
The Balanced Choice proposal has innovative ideas. It provides universal coverage, avoids rigid government price controls, allows full choice of provider, gives providers freedom to set fees, frees employers from providing health care coverage, and utilizes very little managed care. The system costs less than is currently being spent on health care. Because it is good for employers, providers and consumers, it has the potential to create a political alliance that can result in fixing health care financing.
Is Balanced Choice too good to be true? It is not that Balanced Choice is too good to be true, but that the current insurance-driven and managed care system is so bad that there is plenty of money for a sensible system. After all, the U.S. has the most expensive system in the world, 46 million uninsured, and only mediocre outcomes compared to other industrialized countries. Balanced Choice would merely provide the quality, accessibility, and efficiency that the U.S. deserves considering how much is already being spent on health care.