Wednesday, December 3, 2008
Washington State to Attempt Universal Coverage Plan
Ramping up state budget by one third
Categories: Washington
The failure of universal health insurance schemes doesn't keep the politicians from trying.
The Washington Policy Center analyzes a proposal by Mike Kreidler, the state's insurance commissioner.
On the plus side, Kreidler's plan would cap anyone's catastrophic costs at $10,000 in any year. That still a lot of money, but some people will find that appealing.
On the negative side .... Where do we start? How about with the fact that the total cost is $6.5 billion--and the general fund budget is $17 billion. Add in the fact that most government programs come in at way over the estimated costs, and we're looking at one big mess, complete with care rationed by bureaucrats.
- posted by John LaPlante
- 8:17 am
- 0 comment
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