* It would outlaw private health insurance and give government bureaucrats the exclusive right to set reimbursement rates for physicians, clinics and hospitals. This would not only create supply shortages, but would also likely produce a black market health-care system.
* It would transform the state into the sole purchaser of medical drugs and equipment, hampering cost containment and inviting corruption.
* It would destroy professional freedom for medical professionals. The government would be the sole determiner of the number of medical professionals that could work.
* It would of necessity cap health spending. According to data from the Bureau of Economic Analysis, American health providers increase medical technology by 7 percent per year. Such increases are necessary if new technology is to make its way into hospitals and clinics. If the cap for a government-funded universal health-care system like the one proposed in California had been enacted nationwide in 1
2007-03-22
03:54:07
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