McCain has a familiar plan for health insurance
September 20, 2008 Leave a comment
It turns out that McCain’s plan to “fix” the health insurance system is actually a lot worse than causing five million more people to lose their health insurance.
Paul Krugman reports on September 19, 2008 that John McCain wrote an article,”Better Health Care at Lower Cost for Every American,” in the latest issue of the magazine Contingencies, and says this:
Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation.
It sounds like McCain’s big fix of leaving it to corporations to decide what is best for this country keeps getting messed up when those corporations keep acting in their own best interests. Just like one would logically expect a corporation to act, considering they are businesses, not the government.
Corporations don’t answer to the people, so it always has seemed odd to give them the role of protecting anything besides their own bottom line. As we can see in the current financial crisis, letting corporations decide what is best for this country is a recipe for disaster.