Wednesday, December 30, 2009

Kevin Drum misses the point

Here he talks about the stealth program to eliminate insurance companies.

Health care reform is not about insurance companies, it is about the AMA wage setting process. Kevin's dream of eliminating insurance companies is really a long drawn out battle between Congress and the AMA. No one is going to subsidize anybody's health care unless Congress wins this battle. The more likely outcome is a huge cash market for retail health care as the nominal health system shuts down during the coming ten year battle.

Remember what Yglesias, Krugman and Drum are asking of us. They want taxpayer payments to physicians who have monopoly wage power. So, Yglesias is asking person X to pay whatever fees the doctor decides to charge person Y. The average middle class taxpayer cannot absorb the concept, and will refuse to participate.

Do I have to look for research on the mal-distribution of wages for medical workers?

Update:

Hot Air talks about the Gubinator in California who was misled into believing that the health Care reform will not cost the state. Now the Gubinator find the reform will saddle California with an additional $2 to 3 billion in debt, for a state on the edge of bankruptcy. Does the Gubinator seem a little out of his depth?

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