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Someday soon we'll stop to ponder what on Earth's this spell we're under
Fraters Libertas —
Excellent editorial in today's WSJ on Obama's Health Cost Illusion : Increasing cost-sharing would discipline the health spending curve and give it a more rational bent. As societies grow richer, it makes sense that people will invest more in their own well-being. Health is a superior good, while the utility of wealth is fairly low if you're dead. The U.S. health cost "crisis" is that we spend so much without incentives to weigh the costs against the benefits. Yet the entire Obama agenda is about increasing political, rather than individual, control of the health markets. Ted ...
ObamaCare: Obama’s Health Cost Illusion
FullosseousFlap's Dental Blog —
... The President’s main case for health care reform, Obamacare is rooted in false claims and little evidence. Read the Wall Street Journal piece here. ...
Does government know how to end health care waste?
neo-neocon —
This editorial in today’s WSJ points out that Obamacare rests on a number of unproven assumptions:
The main White House argument for health-care reform goes something like this: If we spend now on a hugely expensive new insurance program for the middle class, we can save later by reducing overall U.S. health spending…
The magic key is the dramatic variations in per patient health spending among U.S. regions. Often there is no relationship between spending and the quality of care, according to a vast body of academic research, most of it ...
Is 'entitlement' a new scare word?
Political Animal —
IS 'ENTITLEMENT' A NEW SCARE WORD?.... The Wall Street Journal editorial page is a near-constant source of distortions, but on this specific point today, it was entirely right. The now-famous Obama-Orszag mantra -- "entitlement reform is health-care reform" -- really means that when they're done, all health care will be an entitlement. Yep. The president believes Americans are entitled to access to quality, affordable care. It's nice of the Wall Street Journal editorial page to notice. Jon Chait ...
Kenneth Thorpe: Disease Drives Demand
Politics on HuffingtonPost.com —
... In an editorial yesterday, the Wall Street Journal argued that if the United States can implement policies that reduce the demand for -- and consumption of -- health care, we can reduce costs. ...
