Compete to Succeed Manufacturing Vision for Michigan 2023-2024 | Page 19

Compete to Succeed 19
Policy principles to support a competitive manufacturing sector . Michigan must :
■ Resist interference in private contracts , price fixing and artificial constraints on the health care market .
■ Encourage flexibility and embrace technology that expands coverage options and utilizes telehealth and other innovative models of care essential to maintaining a healthy workforce and competitive benefits .
■ Apply free enterprise principles to all aspects of health care policy , encouraging transparency , opposing price controls and protecting the intellectual property rights of health care suppliers and providers .
■ Avoid the temptation to mandate health insurance coverage for medically unnecessary procedures .
Specific Actions for Leaders :
■ Continue the cost-saving state policy of only authorizing new medical facilities and services when necessary and approved by the Certificate of Need Commission .
■ Prevent future tax increase by defending the repeal of the Health Insurance Claims Act ( HICA ) tax .
■ Support policies that allow employers to increasingly use innovative approaches to provide coverage for their employees .
■ Reject legislation mandating health care coverage that reduces ability to provide flexible coverage to meet the needs of various employers and employees .
■ Encourage policies that allow employers and health insurers the flexibility to design plans that provide medical services .
■ Avoid efforts to implement anti-competitive and discriminatory regulations on pharmaceutical manufacturers .
Out-of-Pocket Health Care Spending 1960-2021 , in Billions of Dollars
$ 500
$ 450
$ 400
Number of Projects
$ 350
$ 300
$ 250
$ 200
$ 150
$ 100
$ 50
0 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020
Source : KFF analysis of National health Exenditure ( NHE ) data mimfg . org