HILLARY'S HEALTH CARE NIGHTMARE
September 24, 2007
In her second try at wholesale health care reform, Sen. Hillary Clinton says she's learned from her past mistakes. But for all the makeovers and political camouflage, the elements of an expanding government regulatory nightmare are all here, says Donald Lambro, chief political correspondent for the Washington Times.
- Clinton puts the price tag of her reforms at $110 billion a year, but analysts say her plan will cost a lot more than that.
- A similar plan offered by Sen. John Kerry in his 2004 presidential campaign would have cost at a minimum, about $1.5 trillion over 10 years.
- In addition, Clinton's employer mandates would force all small businesses to provide health-care insurance benefits for their employees would be a disaster for most of them; most small businesses operate precariously on the profit margin and government-mandated costs would bankrupt them.
Then there is the specter of price controls in her plan, which would invariably lead to health care shortages, longer waiting periods and poorer service, says Lambro. Clinton also insists she would let people keep the private plans they have now, but part of her plan would allow Americans to buy into federal health care plans -- putting the feds into direct competition with private-sector health insurance, which is the backbone of the health care industry.
"Instead of socialized medicine, we should be deregulating the health insurance industry and opening it up to innovative reform that increases competition and lowers prices, making health care more affordable for everyone," said Pat Tooomey, president of the Club for Growth.
Source: Donald Lambro, "Hillary's health-care nightmare," Townhall.com, September 24, 2007.
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