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Old 04-14-2011, 06:13 PM
DWAnderson DWAnderson is offline
 
Join Date: Jan 2007
Posts: 64
Default Re: This One Goes to Eleven (Robert Wright & Mickey Kaus)

Quote:
Originally Posted by AemJeff View Post
Because the benefit level will plummet as the costs and the value of the subsidy decohere. If nobody's getting adequate health care, I don't care if you call rationing or not, it's a non-optimal solution. I'll repeat: Insurance is the the wrong model, even if there's a subsidy. Markets can't fix this problem, unless you believe that depriving people of access to healthcare as they age is a valid solution.
That is an assertion rather than an argument-- and one that is demonstrably false. At any given government expenditure level, participants are better of with a voucher system than the ACA because competitive markets can respond to participant preferences in myriad ways that any one-size fits all program can't.
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