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.

Labels:


Comments: Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?