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

4cef5f0e9ca9889e328da780a78d0636
September 11, 2025 |
Article
Mike Rogers seeks to win the party a seat for the first time since 1994. ...
Be15b4038d4dab2059531b1d02ccdf06
September 04, 2025 |
Article
Independent voters, the economy, and candidate quality will all be crucial factors. ...
5e3bd78b14b679466ed307cc9c8fdb19
August 28, 2025 |
Article
My wife, Karen, and I hosted dinner at our Austin home for 42 guests on Aug. 20. As they greeted each other with hugs and handshakes, there was sadness and weariness in the room—a mixture of anxiety and hope. ...
362a198591bf5b2ec40881c4dd3eb381
August 21, 2025 |
Article
So much about Ukraine seems in flux since President Trump landed in Alaska Friday. It’s been nonstop action with a growing cast of world leaders jumping in. ...
Button karlsbooks
Button readinglist
Button nextapperance