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Tuesday, April 14, 2009

Should the Government Compete In Health Insurance? The Audacity of Hope Against Experience

One of president Obama's goals is to have a government health plan compete against private insurers to provide health insurance to all Americans. He and his supporters claim that this will inject competition to the market.

If that's all that the government wanted, then it would not have monopolized health care for Americans over 65-years old. Even in areas where the government does allow some competition in the fields that it occupies, such as mail delivery, it "cherry picks" the most profitable operations. We can expect the same - and worse - in health care. Read more in this month's Health Policy Prescription.

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