Today’s Wall St. Journal editorial page takes a close look Max Baucus’ health insurance/care makeover plan and finds it to be just another angle on the government takeover of health care theme. (Or as I recently argued, just an extension of the current status quo.) Here’s the Journal’s summary:
To sum up, the Baucus-Obama plan would increase the cost of insurance
and then force people to buy it, requiring subsidies. Those subsidies
would be paid for by taxes that make health care and thus insurance
even more expensive, requiring even more subsidies and still higher
taxes. It’s a recipe to ruin health care and bankrupt the country, and
that’s even before liberal Democrats see Mr. Baucus and raise him, and
then attempt to ram it all through the Senate.