Sunday, December 29, 2013

The Sad, Inescapable Truth About Obamacare

Modern Healthcare points out what anyone with a rudimentary knowledge of economics should know:


Massachusetts, whose health care reform program was used as a template for the Patient Protection and Affordable Care Act, had the highest per capita health spending in the U.S. in 2009. According to the commission's report, the state spent $9,278 per person on health care in 2009, which was 36 percent higher than the national average of $6,815, and 11.2 percent more than the next-highest state, New York, which spent $8,341.
It's not that healthcare reform wasn't a good idea.  Rather, it's that its architects  simply didn't - and clearly still don't -understand how the world actually works.  So they took a problem and made it much, much worse.

The road to hell is always paved with good intentions.

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