Spotted this article in the leftist New York Times, (H/T Independent Women’s Forum). Looks like the communists in MA are finding out too late that there is a problem with having the state make health insurance compulsory and having prescription drugs and mental health coverage included for every policy holder, regardless of risk.
The article states:
Alan Sager, a professor of health policy at Boston University, has calculated that health spending per person in Massachusetts increased faster than the national average in seven of the last eight years. Furthermore, he said, the gap has grown exponentially, with Massachusetts now spending about a third more per person, up from 23 percent in 1980.
John R. Graham of the State Policy Network, (H/T Pacific Research Institute) explains how they got into this mess:
Surely, even the New York Times can figure out that spending $820 million on the Bay State’s Commonwealth Care “universal” health-care plan, in order to save $250 million in uncompensated hospital care, is not a good trade-off.
Not according to today’s article on the latest state to compel its residents to buy health insurance, which reports those savings as the only positive outcome of this out-of-control program. Three years ago, Gov. Romney collaborated with the Democratic-majority legislature to achieve “universal” health care by government diktat: squeezing every resident into either compulsory private health insurance or expanded government programs, using both tax-hikes and subsidies.
Today, we learn that, alongside the absurd cost/benefit ratio, the state can no longer bear the costs, which are spiralling out of control faster than other states’ costs are. This reminds us of a fundamental lesson of government power: When the government orders you to buy something, the government will have to step in to decide what that something looks like.
It’s the same old story of how fixing the price of a product or service below market value results in increased demand and decreased supply. And we all know what happens when the costs of government-run health care escalates – increased government control of the lives of patients and decreased quality of health care service.
For the life of me, I don’t know why anyone voted for that RINO Mitt Romney in the primaries. In my opinion, he was terrible on social issues across the board, and this RomneyCare mess doesn’t exactly inspire confidence on fiscal policy, either.