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Tuesday, May 12, 2009

Graham on ABC News on Health Reform

ABC News investigated the health-care "industry"'s promise to President Obama that they would collaborate on long-term cost-savings. This time, they really, really mean it!

I made some critical remarks. Of course, they only took the first part of my statement, the criticism, and edited out the second, which contained a proposal. But thems the breaks. Here are my full comments:

“If the interest groups in any other American industry colluded on a plan to control costs, they’d be charged under the anti-trust laws. Only in health care do Americans persist in believing that Soviet-style central planning can increase quality and reduce costs. We’ve been trying this since the 1980s, when the Reagan administration completely out of character) announced that Medicare would start fixing prices. But the massive increase in government control and spending for almost half a century since Medicare and Medicaid were imposed on taxpayers have resulted in out of control costs, uncertain quality, and the warning signs of rationed access to care in the near future. The American people should not tolerate health-care interest groups collaborating with the government to form the mother of all cartels, rationing our health care to adhere to a federal budget. Only 16 cents of every dollar spend on U.S. health care is controlled by patients. The rest is controlled by government and health insurers. The key to ensuring value for money lies in returning a bigger share of the dollar to individual Americans.”

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