Trumpcare, version three

The Economist

14 July 2017 - Is the Senate’s revised health-care proposal a good bill? And will it pass?

Is the Senate’s revised health-care proposal a good bill? And will it pass? Ideally these two questions would be related. But this is sausage-making, so they are not. Let’s take the first one first.

If you want something approaching universal health-care coverage, there are three ways to do it. One is for the government to tax citizens and then use revenue to fund their care (the single-payer model). The second is to subsidise people to buy coverage. This only works if the subsidies are generous enough for the decision to buy insurance to be a no-brainer. The third is to compel people to buy insurance, by law or by a fine.

Read The Economist article

Michael Wonder

Posted by:

Michael Wonder