Tuesday, October 27, 2009

Time to Start Over | Michael D. Tanner | Cato Institute: Commentary

Time to Start Over | Michael D. Tanner | Cato Institute: Commentary: "If you're going the wrong way down a road, the answer isn't to step on the gas, but to turn around.

It is not that the U.S. doesn't need health care reform, but it needs the right type of reform. Problematic as our system often is, it is possible to make things worse."

"Government regulations add more than $169 billion annually to the cost of health care. Other regulations limit competition between insurers and providers by, for instance, prohibiting people from buying insurance across state lines. Government programs such as Medicare and Medicaid are trillions of dollars in debt and are models of waste, fraud and inefficiency.

And our current tax laws penalize people who don't receive insurance through their work, meaning that if you lose your job, you lose your insurance."

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