Saturday, May 1, 2010

Malevolent Neglect

 American Thinker  "In America, our insurance companies and hospital groups have a market incentive to provide the best possible care for their customers. As with any capitalist venture, a poorly performing hospital or insurance company will soon find its revenue in a raisin-like condition, leading to both reforms and a subsequent boost in performance, or to Chapter 11 and new ownership. The ObamaCare legislation upsets this balance, weighing heavily on the side of regulatory bureaucracy." Related: ObamaCare: An Unmitigated Disaster "Finally, officials are owning up to what most Americans already knew. ObamaCare means higher costs and lower quality; ObamaCare means rationing and higher taxes - including a Value Added Tax (VAT)."

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