New at Reason: Ron Bailey on the Beginning of the End of Private Health Insurance

June 9, 2009

President Obama and leading Democratic lawmakers like Sen. Edward Kennedy (D-Mass.) are pushing to create a government health insurance scheme to compete with private health insurance. It will cost less because the feds will impose price controls on doctors and hospitals. Attracted by cheaper government insurance, employers will dump their employees into the government plan. By one estimate the number of Americans with private health insurance will fall from 170 million today to fewer than 50 million. Science Correspondent Ronald Bailey explains that once the vast majority of Americans are covered under various government "insurance" plans, the push to go all the way toward universal coverage will likely be irresistible.

Read all about it here.