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

92e3a1b820ddcbdafd2dcf62e1a4c34c
May 23, 2024 |
Article
No third-party candidate will win the 2024 presidential election or even a single state. ...
9541576dd267cea84bf822d4e43fce81
May 16, 2024 |
Article
For President Biden, bad news is piling up. ...
466c3e13a95e70a1d7edd0f719af67a9
May 09, 2024 |
Article
Last Saturday’s Republican National Committee event at Mar-a-Lago was a casting call. The role up for grabs? Donald Trump’s running mate.    ...
0f7c72c5b5a1a6b70e58fde6fcfc6cf3
May 02, 2024 |
Article
When President Biden told Howard Stern last Friday that he’d be “happy to debate” Donald Trump, the former president immediately responded on Truth Social: “Everyone knows he doesn’t really mean it, but in case he does, I say, ANYWHERE, ANYTIME, ANYPLACE....
Button karlsbooks
Button readinglist
Button nextapperance