[T]he Obama plan, whatever its tactical cleverness, will suffer from the key drawbacks of all government-financed and managed health insurance. It would make the government the gatekeeper--the controller of prices and the provider of coverage. Health care decisions would increasingly be made in Washington and subject to political pressures that take into account neither patient needs nor economic realities.
Hot Air, posted today:
[I]n the Senate Finance Committee hearings on health-care reform .... [t]he speaker, Professor Stuart Altman of Brandeis University, tells the committee that resources get wasted in the American health-care system, especially for one segment of the population. Professor Altman says he’s reluctant to mention it, but why waste money on in-depth treatment for people who won’t live long anyway? Better to warehouse them and save the resources for the young.
Need more be said?
