Here is a link to a good article by John Stossel on CA Governor Schwarzenegger’s universal health care scheme. It should be required reading for anybody who thinks MA Governor and Presidential wannabe Mitt Romney is a Reagan Republican. Some highlights:
"This ought to dispel any notion that Schwarzenegger is a believer in small government. Here he is following former Republican Massachusetts Gov. Mitt Romney down the path of state socialized medicine. Romney said compulsory insurance would cost a person $2,400 a year. But now we know it’s at least $4,560."
"With a rational government policy, people would save money for routine medical care and buy insurance for solvency-threatening illness. After all, we don’t buy auto insurance to pay for oil changes and worn-out windshield-wiper blades. But today, people expect medical insurance to cover routine physical exams because someone else seems to pay the premiums.
All this hurts people who buy their own insurance or don’t have it. It would be good if they could buy a basic high-deductible catastrophic policy. For a healthy young person, such a policy would be relatively cheap. But because of special-interest lobbying, most states mandate that insurance cover things that most people would never buy if they were paying the cost openly — things like Viagra and substance-abuse counseling. The Council for Affordable Health Insurance (CAHI) reports that states have imposed 1,824 mandates on insurance companies. This makes even a high-deductible policy absurdly expensive in many states."
