Thursday, April 3, 2008 4:04 PM

Healthcare Under McCain?

McCain to follow Republican tradition of letting patients fend for themselves

There's a sense of deja vu about McCain's proposal. Haven't we been injecting competition into the health insurance markets for a very long time? Even the establishment of the government Medicare and Medicaid programs in the 1960's had a pro-competitive edge, because it removed from the commercial markets the most expensive and the poorest paying cases, leaving them with the most lucrative consumers to insure. The Health Maintenance Organization movement of the 1970's was another injection of that competitive hormone into the insurance markets in the form of prepaid group plans which combined insurance with the provision of care. What additional forms of competition has McCain invented that health economists never dreamt about?

The truth is that not all competition is helpful to consumers. I know that this is not an idea free-market conservatives like, but it's possible for competition to actually hurt some consumers.

CLiCK here to read more of this post from The Nation...

Also, check out Elizabeth Edwards on the McCain health plan over at Think Progress...

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