Wednesday, September 17, 2008
McCain's health care plan
I don't understand how anyone can read Bob Herbert's NYT op-ed or even McCain's plan and not be appalled. I'm trying to understand why people would vote for McCain. I like to think that I'm a reasonable person and that I make my own decisions, so it's not just that it's McCain's plan. But turning health insurance over to the free market, commodifying a product where decision-making is anything but rational and due to its complexity, cogent, even-handed information is shockingly absent, is a recipe for benefiting those who make money from bad decisions in health insurance (insurance companies, ER techs, no one), and raising the burden for families who can least afford it. Maybe I need to review my high school economics, but aren't rational decision-making and availability of information two required assumptions for free market solutions to work? Can someone help me understand why McCain's plan helps anyone?
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Not a hint, unless you assume the libertarian ideology that less government/regulation is per force a good thing. Let me know if you find a plausible justification. I mean, that's so ridiculously extreme that I would be surprised if Republicans would go for it, unless it was marketed as a back handed tax break for businesses: no more paying employee health insurance. Oooh.
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