Monday, March 28, 2011

Should Governments Subsidize Health Insurance? | Jeffrey A. Miron | Cato Institute: Commentary

Should Governments Subsidize Health Insurance? | Jeffrey A. Miron | Cato Institute: Commentary: "The natural way to balance these concerns is to subsidize health insurance for the poor, but for no one else. Roughly, this mean eliminating Medicare, Obamacare, and the tax-subsidy for employer-provided insurance, but retaining a (scaled down) version of Medicaid.

This approach insures everyone against the worst case scenario in which poor health makes it impossible to earn income. This approach also means that even among the non-poor, some people will pay higher health insurance premiums than others."

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