Saturday, October 16, 2004
The Future of Health Care
Spread the word.A movement from employer-based to individually owned insurance, together with a national market for it, could have a revolutionary effect. Many lives would be improved if individuals no longer needed to fear moving or switching jobs for fear of losing their insurance. And an enormous drag on the efficient allocation of resources in the overall economy would be removed.
Americans are being offered a real choice of health care visions this November. We believe Mr. Kerry's leads inevitably toward the kind of low-innovation, low-quality government systems found in Europe and Canada. Mr. Bush's, meanwhile, would make health insurance more portable and flexible, while preserving a market for the kind of medical progress promised by the deciphering of the genome. We only wish this genuine clash of ideas was getting the attention it deserves.
