The Road to Health Care Serfdom
By Arnold Kling
If Massachusetts is any indication, we are on it if we adopt reforms similar to theirs.
Last month, Democratic Governor Deval Patrick landed a neutron bomb, proposing hard price controls across almost all Massachusetts health care…
average Massachusetts insurance premiums are now the highest in the nation. Since 2006, they’ve climbed at an annual rate of 30% in the individual market. Small business costs have increased by 5.8%. Per capita health spending in Massachusetts is now 27% higher than the national average, and 15% higher even after adjusting for local wages and academic research grants. The growth rate is faster too.
Of course, Wesley Mouch does not care.
I don’t suppose the fact that I told you so will get me anywhere.