Monday, February 25, 2008

Saying No to CoerciveCare

Whether it's Mitt, Hillary, or Arnold doing the sales job

...Yet many California unions argued that a mandate would force uninsured, middle-income working families to divert money from more pressing needs toward coverage whose price and quality they cannot control.

The unions are correct: This is exactly what is happening in Massachusetts, where Mitt Romney enacted a similar plan two years ago as governor. (And Mr. Romney's plan is the inspiration for both the Schwarzenegger and Clinton plans.) The experience in the Bay State deserves a lot more scrutiny than it has been getting.

...All this has inflated demand, which, combined with onerous regulations on insurance suppliers, has triggered premium increases of 12 percent for this year—double last year's national average. No one is escaping the financial sting. The state health-care bill for fiscal 2008-2009 is expected to be $400 million more than originally projected—an 85 percent increase.

...The government response to rising premiums is, unsurprisingly, price controls...

...Forcing people to buy substandard care they cannot afford is not universal care, she says. "It is a hoax." And so Massachusetts is marching toward a system of two-tiered medicine—the alleged market inequity that universal care is supposed to cure...

http://www.reason.com/news/show/124783.html

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