The Moral Hazard Myth
I had hoped that the major corporations would unite with employee groups to try and solve this one. Instead everyone is looking to just pass the buck on to someone else.
One of the great mysteries of political life in the United States is why Americans are so devoted to their health-care system. Six times in the past century--during the First World War, during the Depression, during the Truman and Johnson Administrations, in the Senate in the nineteen-seventies, and during the Clinton years--efforts have been made to introduce some kind of universal health insurance, and each time the efforts have been rejected. Instead, the United States has opted for a makeshift system of increasing complexity and dysfunction. Americans spend $5,267 per capita on health care every year, almost two and half times the industrialized world's median of $2,193; the extra spending comes to hundreds of billions of dollars a year.
I had hoped that the major corporations would unite with employee groups to try and solve this one. Instead everyone is looking to just pass the buck on to someone else.