Prescription for Disaster

Don't Lose Sight of the Fact that Government Healthcare Poses More than Monetary Costs

Chris Jaarda - Thursday, February 09, 2012
Michael Cannon of CATO has a well-reasoned post about the misguided efforts of people who advocate for a government guarantee of healthcare (or universal coverage). What is lost in their advocacy, is the fact that there are costs and trade-offs for the policies the "universalists" are demanding. 

As Cannon writes: "In the end, that very government guarantee ends up leaving people with less purchasing power and undermining the market’s ability to discover cost-saving innovations that bring better health care within the reach of the needy. That’s to say nothing of the rights that the Church of Universal Coverage tramples along the way: yours, mine...."

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