Wednesday, June 3, 2009

Health care schemes

FV is thrilled that we have a very good chance of getting health care reform this year. I am interested that President Obama has now said he is open to requiring individuals to purchase health insurance unless they can't afford it. It kind of begs the question, don't those folks need insurance too? Perhaps they would be covered by Medicaid.

Here's a different idea, though. Instead of requiring people to purchase insurance, why don't we just create a fair tax system such as a value added tax and then just cover everyone? It sounds so simple. But, alas, so European, that we would never do it.