Tuesday, September 1, 2009

No Real Reform

I made the following prediction about health care reform on August 11, and my prediction still stands.

My guess is that we'll expand coverage to more folks, perhaps eliminate
pre-existing conditions as a reason for loss of coverage, and make it cheaper
for persons to buy insurance on the individual market. All of these are good
things. But none of it will contain costs, and therefore health care costs will
continue to skyrocket at 8-10% a year. In a decade, few people will be able to
afford normal health care, Medicare will be bankrupt, and we'll be right back in
the same crisis we're in today.

No comments:

Post a Comment