GOV’T CARE COSTS MORE By JEFFREY H. ANDERSON
The Bear on Jul 21 2009 at 8:00 am | Filed under: Health Care
THE testimony by Congressional Budget Office chief Douglas Elmendorf that the health-care legislation in Congress “significantly expands” costs shocked Capitol Hill. Yet the evidence shows that government-run care has always been more costly than private-sector care.
In claiming that the solution to skyrocketing health costs is more government-run care, President Obama has relied on a myth — the belief that Medicare and Medicaid have restrained the growth in health expenses, relative to private care.
My new study, published by the Pacific Research Institute, shows that — across four decades — the costs of government-run health care have risen far more than the costs of private care.
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