Comments on: Many Economists Back McCain, but More Are Silent http://seekerblog.com/archives/20080509/many-economists-back-mccain-but-more-are-silent/ Seeking reliable, objective sources on economics, foreign-policy and energy-policy issues. Fri, 05 Sep 2008 18:48:31 +0000 http://wordpress.org/?v=2.3.2 By: Gary Ghertner http://seekerblog.com/archives/20080509/many-economists-back-mccain-but-more-are-silent/#comment-24074 Gary Ghertner Fri, 09 May 2008 18:57:11 +0000 http://seekerblog.com/archives/20080509/many-economists-back-mccain-but-more-are-silent/#comment-24074 It is pure folly to think the free market can improve health care. Just look at the mess we've gotten into with for-profit health insurance. Withholding care is good for the bottom line; how can that possibly improve patient health? The US spends 30% of it's health care dollars for administrative overhead; McCain's plan does nothing to reduce this cost. McCain's plan for covering the otherwise uninsurable will turn out to cost more than his wildest dreams. Furthermore, insurance companies would become even more selective in weeding out the 'sick'. I have a friend (who's a Bushie/McCain-ie) with a lymphoma-stricken daughter who will lose her employer-based health coverage with McCain's plan ... what a sad irony. It is pure folly to think the free market can improve health care. Just look at the mess we’ve gotten into with for-profit health insurance. Withholding care is good for the bottom line; how can that possibly improve patient health?

The US spends 30% of it’s health care dollars for administrative overhead; McCain’s plan does nothing to reduce this cost.

McCain’s plan for covering the otherwise uninsurable will turn out to cost more than his wildest dreams. Furthermore, insurance companies would become even more selective in weeding out the ’sick’. I have a friend (who’s a Bushie/McCain-ie) with a lymphoma-stricken daughter who will lose her employer-based health coverage with McCain’s plan … what a sad irony.

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