Mandated insurance…runaway costs…price controls, political rationing
by Brian Schwartz | 1:30 am, March 31, 2009 | Comments Off
The Wall Street Journal’s commentary on Massachusetts-style government-run medicine and how it’s a model for a national disaster. So snippets:
In Massachusetts’s latest crisis, Governor Deval Patrick and his Democratic colleagues are starting to move down the path that government health plans always follow when spending collides with reality — i.e., price controls. As costs continue to rise, the inevitable results are coverage restrictions and waiting periods. It was only a matter of time. …
Like gamblers doubling down on their losses, Democrats have already hiked the fines for people who don’t obtain insurance under the “individual mandate,” already increased business penalties, taxed insurers and hospitals, raised premiums, and pumped up the state tobacco levy. That’s still not enough money. …
Which brings us to Washington, where Mr. Obama and Congressional Democrats are about to … [visit site to read more]
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