August 15, 2004

Quote of the Day

Most of America's health care is private, so many assume it operates as a free market. In truth, it is dominated by the government, resulting in high costs and stifling bureaucracy.

The federal government effectively socializes 86% of all health spending, a greater share than in 17 other industrialized countries, including Canada (though other features make these systems less free).

By discouraging individual responsibility, the government guarantees irresponsibility. We pay less attention to our health and demand more care — with little regard to the costs we impose on others or the rising prices that result. (Should it surprise us that health insurance is unaffordable for millions?) Those footing the bill — employers, insurers and the government — try to impose responsibility in ways both offensive and harmful (read: managed care).

Michael F. Cannon

Posted by Russell Whitaker at August 15, 2004 07:48 AM | TrackBack
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