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What reason is there to believe that the recently-passed health care bill is affordable for America? Sure, the CBO projects it to reduce deficits, but isn't it required to use possibly unrealistic legislative assumptions, like Medicare cuts that have never been implemented in the past? Given the incredible growth of Medicare and Social Security costs over the last decades, the powerful interests (like doctors) that may stand against harsh cost-cutting, and the US's aging but heavily-voting population -- what reason is there to believe this bill doesn't start up yet another fiscally irresponsible and politically untouchable entitlement program?
posted by shivohum on Mar 31, 2010 - 16 answers

What are the best arguments (links to articles/sites appreciated) that government regulation and tax code distortions are not the primary causes of the American healthcare crisis? Why wouldn't a more free-market approach (i.e. remove the obstacles to far more vigorous competition between insurers for individual premiums) be the solution? If adverse selection is a reason, how is that any worse for health care than for other insurance markets (e.g. life insurance)?
posted by shivohum on Mar 1, 2010 - 16 answers