Envisioning a Free Market in Health Care
Year: 2011
Type: preprint
Abstract: Although President Obama and the Democratic Congress were able to pass landmark health legislation, their efforts to reform health care ran into predictable political roadblocks. In a severe recession, taxing business and labor is obviously not helpful to economic recovery. Moreover, an array of overreaching sales pitches — claims of additional coverage without additional costs or rationing — piqued the cynicism of the general public. Given historical spending and budget defi cits, an expensive new federal program is difficult to swallow. Mandates and restrictions on health insurance can only exacerbate the problem of rapidly rising health care costs (Tanner 2010).Perhaps most important, although many people express dismay with the health care system, they are generally content with their own health care and health insurance. They might be willing to help others get care or insurance, but become quite concerned if reform might include a dramatic change in their own status.
Source: SSRN Electronic Journal
Author: Eric Schansberg
Institution: Indiana University Southeast
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1536857643