Articles

How to Stop Socialized Health Care

June 10, 2009

It was a sobering breakfast with one of the smartest Republicans on Capitol Hill. We can fix a lot of bad stuff President Barack Obama might do, he told me. But if Mr. Obama signs into law a "public option," government-run insurance program as part of health-care reform we won't be able to undo the damage.

I'd go the Republican member of Congress one further: If Democrats enact a public-option health-insurance program, America is on the way to becoming a European-style welfare state. To prevent this from happening, there are five arguments Republicans must make.

The first is it's unnecessary. Advocates say a government-run insurance program is needed to provide competition for private health insurance. But 1,300 companies sell health insurance plans. That's competition enough. The results of robust private competition to provide the Medicare drug benefit underscore this. When it was approved, the Congressional Budget Office estimated it would cost $74 billion a year by 2008. Nearly 100 providers deliver the drug benefit, competing on better benefits, more choices, and lower prices. So the actual cost was $44 billion in 2008 -- nearly 41% less than predicted. No government plan was needed to guarantee competition's benefits.

FULL ARTICLE: http://online.wsj.com/article/SB124467554761003983.html

Related Article

10ed5b96f595c4a5e94bfb971c78d692
May 29, 2025 |
Article
To do well in next year’s midterms, Republicans have to confront two messaging challenges now.  ...
96c8ef131c2170c2bed0dea92a3fc427
May 22, 2025 |
Article
These are dark days for Democrats.  ...
Fc1fb9f96896d3f00d91da84ed3d239a
May 15, 2025 |
Article
President Trump and congressional Republicans keep on rolling, although they stumble at times and occasionally expose holes in their defenses.  ...
36c94778fd7c12d10d04b16b380d17ca
May 08, 2025 |
Article
Somehow on Sunday, I managed to spin up the leader of the free world in seven minutes.  ...
Button karlsbooks
Button readinglist
Button nextapperance