The S-Word
Yesterday the Kaiser Network posted media reactions to the Massachusetts plan for compulsory health insurance in the state.
Overall the reaction is positive, even enthusiastic. In fact, other states may soon be considering similar bills.
But I agree with the assessment of the Wall Street Journal:
The elected leaders of Massachusetts have come up with a novel solution for the vexing problem of paying for health care: abolish the laws of arithmetic," [Arnold] Kling, an adjunct scholar with the Cato Institute, writes in a Journal opinion piece. He asks, "What insurance company will provide coverage with [a] $0 deductible, at an annual premiums of $295, for someone whose health care costs...average $6,000 a year?"
There's just no way to fix the health care mess in America without going to a Medicare-style, single-payer system.
But of course, that's just another word for s-s-s-s-ocialized medicine. By God, we can't have that.