SOME economists . . . .not all. Not by a long shot.
Conservative www.heritage.org (here is just one paper - if you look there are many more researched articles regarding the folly of this kind of health care)
November 6, 2009
A Closer Look at the House Democrats' Health Care Bill
by the Staff of the Center for Health Policy and the Staff of the Center for Data Analysis
WebMemo #2684
The House of Representatives will soon vote on a massive overhaul of America's $2.4 trillion health care system. This amounts to one-sixth of American gross domestic product (GDP), a sector roughly equal to the size of the entire British economy.
Libertarian http://www.cato.org/pub_display.php?pub_id=10933 (Same here, just one of many)
One of the most interesting questions about the health care overhaul now moving through Congress is how it would affect young adults. That legislation would force most or all Americans to purchase health insurance (an "individual mandate") and would impose price controls on health insurance ("community rating") that would limit insurers' ability to offer lower premiums to low-risk enrollees. Those provisions would drive premiums down for 55-year-olds but would drive them up for 25-year-olds—who are then implicitly subsidizing older adults. According to the Urban Institute, many young people could see their premiums double, whereas premiums for older adults could be cut in half.
And then my favorite economist, Thomas Sowell:
http://www.jewishworldreview.com/cols/sowell1.asp 11/06/09: The ‘Costs’ of Medical Care, Part IV
11/05/09: The 'Costs'of Medical Care, Part III
11/04/09: The 'Costs'of Medical Care, Part II
11/03/09: The 'Costs'of Medical Care
I could go on and on and on . . . .this is not a settled deal, not by a long shot.
steph
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