Sunday, November 10, 2013
Thought of the Day
From the start, the “problem” of the uninsured in the United States was
very different from the way it was presented in the media. Before
Obamacare the number of Americans who did not have health insurance
because they were too poor to buy it was basically zero. That is
because the truly poor could get their health insurance from Medicaid.
On the other hand, millions of healthy young Americans were choosing
NOT to buy insurance because they preferred spending their money on
other things, like education, child rearing, and housing. This was no
more of a social problem than the fact that few 30-year-olds save
for their old age, while few 50-year-olds do not. At 30, people have
other concerns on their minds. At most, a case might have been made
for requiring that people get a high-deductible catastrophic health
insurance policy, a bit like some states require car owners to have
insurance that covers injuries their car may cause to other people.
Instead, Americans got Obamacare, a law whose pages must be measured by
the kilogram.
Steven Plaut, in a comprehensive, sober discussion of the myriad problems with the ACA. Well worth reading.
Steven Plaut, in a comprehensive, sober discussion of the myriad problems with the ACA. Well worth reading.
Labels: Steven Plaut quote