Thursday, December 26, 2013

John Cochrane Gets It Right

Today's Wall Street Journal has an excellent opinion piece written by economist John Cochrane on the topic of health care.

Cochrane argues that government obstruction is what caused health care costs to get out of control in the first place and that Obamacare has taken a problem and turned it into a nightmare.

He argues that only the free market can deliver quality affordable care.  Citing all of the government's disruptive efforts in the health car market, Cochrane delivers a simple prescription for what ails us -- get the government out of the way.

His analysis deals with "pre-existing conditions" and policy cancellations.  Changing tax laws that have forced employer-based health insurance on the country is part of the solution.  But, many other reforms are cited in his excellent article.

A must read.

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