Monday, January 31, 2005

Dubya closer to Universal Health Care than he may think...

Check out this post by Jesse at Pandagon... in the middle of the post, Jesse notes that Bush would be pumping these HSA with tax dollars and refundable tax credits and says:

If the government is going to be paying for the health insurance and health savings of low income familes...why not just cut out the middleman? You can shell-game the government-drawn accounts all you want, but Bush is proposing a massive expansion of government health insurance/savings.
And just like we have seen with medicare and social security, the private sector doesn't necessarily do these things better than the government does... for example, overhead costs from private retirement funds like defined contribution pension plans are often several times that of public systems like Social Security (this is the case in other countries as well).

I don't agree with all of Jesse's points in this post, but this particular one is worth consideration.

Update: More on this from Max Sawicky...

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