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ObamaCare and Employer Health Coverage
futureofcapitalism.com
The Galen Institute's Grace-Marie Turner, writing in the Wall Street Journal, finds "disturbing" a McKinsey study finding that ObamaCare will cause employers to drop their employer-sponsored health coverage. But what's "disturbing" about moving health-care purchase decisions to individuals rather than employers? They are only with employers to begin with as a relic of FDR-era wage-price controls. If you want consumer-driven health care that will eventually reward quality and value and curb inflation, you've got to make the costs more transparent to consumers, and taking the employer out of the equation as a third-party payer does that.
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ObamaCare and Employer Health Coverage
futureofcapitalism.com
The Galen Institute's Grace-Marie Turner, writing in the Wall Street Journal, finds "disturbing" a McKinsey study finding that ObamaCare will cause employers to drop their employer-sponsored health coverage. But what's "disturbing" about moving health-care purchase decisions to individuals rather than employers? They are only with employers to begin with as a relic of FDR-era wage-price controls. If you want consumer-driven health care that will eventually reward quality and value and curb inflation, you've got to make the costs more transparent to consumers, and taking the employer out of the equation as a third-party payer does that.
Read More...
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Grace-Marie Turner
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