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“A government big enough to supply you with everything you need, is a government big enough to take everything that you have..." Gerald R. Ford, August 12, 1974.

Friday, March 27, 2009

The Massachusetts debacle, coming soon to your neighborhood.

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The Massachusetts debacle, coming soon to your neighborhood.
In Massachusetts's latest crisis, Governor Deval Patrick and his Democratic colleagues are starting to move down the path that government health plans always follow when spending collides with reality -- i.e., price controls.
The program provides low- or no-cost coverage to about 165,000 residents, or three-fifths of the newly insured, and is budgeted at $880 million for 2010, a 7.3% single-year increase that is likely to be optimistic. The state's overall costs on health programs have increased by 42% (!) since 2006.
The real lesson of Massachusetts is that reform proponents won't tell Americans the truth about what "universal" coverage really means: Runaway costs followed by price controls and bureaucratic rationing.

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