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De Omnibus Dubitandum - Lux Veritas

Saturday, May 7, 2016

Liberalism Will Never Fix Our Broken Health Care System

Justin Haskins

In a May 2 op-ed for The New York Times, Richard Scheffler, a professor at the University of California-Berkeley, and Sherry Glied, a professor at New York University, acknowledge the Affordable Care Act’s failure to create a competitive health insurance marketplace.

“The architects of the Affordable Care Act (ACA) counted on competition in the health insurance market to keep costs down and quality high,” wrote Scheffler and Glied. “While the law has accomplished many of its coverage and cost-containment goals, its vision of a more competitive insurance market seems to be fading.”

Scheffler and Glied continue by outlining some of the more troublesome recent developments related to the ACA health insurance exchanges, focusing primarily on the growing list of major health insurance providers who have decided to abandon Obamacare exchanges because of significant revenue losses.  Scheffler and Glied admit Obamacare isn’t working as planned, but rather than suggest a move toward free-market reforms, the authors believe state governments ought to seize even more control over who is allowed to operate in health insurance exchanges......To Read More....

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