March 24, 2010

The New Health Care Plan...

...for Ham of Bone is to simply wait 'till somebody gets sick and then get some insurance. I see the Corner has linked to someone who has picked up on that too:
Over at EconLog, George Mason University economist Bryan Caplan has a very good blog post, in which he argues that individual health insurance will soon be a better deal than employer-provided health insurance.

"In the individual market, you can now wait until you're really sick to buy insurance: 'Heads I win, tails I break even.' Firms won't have that gimme - and it seems more valuable than premiums' tax deductibility. Admittedly, Obamacare imposes a small penalty on individuals who don't buy insurance, and a moderate penalty on firms that don't provide it. But it still seems like it will be in the financial self-interest of many firms and their workers to get rid of insurance, and split the (cash savings minus penalties)."
Meanwhile, Charles Krauthammer predicts that we're going to end up with a national sales tax:
“I think ultimately Obama understands that he has just added an unbelievably large entitlement on to a country drowning in debt. He is not stupid. I think he is anticipated this, and I think he is, from the beginning, had a plan and the plan is he is going to use the Deficit Reduction Commission, which will report only after November, and I'm absolutely sure it will recommend something new in American history, a national sales tax which is called a VAT in Europe.”

3 comments:

HokiePundit said...

Sounds like a feature, not a bug, to the Democrats: if providing insurance becomes unprofitable, you're left with only the government to provide it.

rb said...

...the ineluctable modality of the visible...

TS said...

Good point HP, the single-payer system was obviously their goal all along.

RB, funny you should say that since I just came across that line last night...