Consider the choice between two government programs.
Program A would provide essential health care to the eight million uninsured children in this country.
Program B would subsidize insurance companies, who would in turn spend much of the money on marketing and paperwork, and also siphon off a substantial fraction of the money as profits. With what’s left, the insurers would provide additional benefits, over and above basic Medicare coverage, to some older Americans.
As I said, it’s hard to see how anyone can, in good conscience, think that preserving subsidies to insurance companies is more important than providing health care for children. But that is, of course, exactly the position taken by the Bush administration...
Friday, April 06, 2007
Crucifying the children
Please click through and read a short article by Paul Krugman entitled "Children Versus Insurers":