To R’s on Capitol Hill Today: Broad point to make regarding Govt healthcare
I’m currently watching the health care summit and I think one point desperately needs to be made OVER and OVER, and I have not heard it yet today or in anything any Republican has said regarding health care. And that is this:
GOVERNMENT HEALTHCARE IS INEFFICIENT BECAUSE IT CAN’T FAIL
I wish Coburn had made this point when he spoke. He said that the fraud rate in Medicare is 20% while it is 1% in the private sector. He should have said that this is because the Government doesn’t have the right incentive to weed out fraud and no amount of new ‘anti-fraud’ programs will fix that. Private companies only have a 1% fraud rate because if it was any higher than that they will be driven out of business by more efficient companies.
Similarly, this is the problem with the public option. Dems are going to say they want the public option do increase competition and most Americans hear that and think that’s a good idea.
BUT THE PROBLEM WITH THE PUBLIC OPTION IS THAT GOVERNMENT DOESN’T COMPETE FAIRLY BECAUSE IT CAN’T FAIL.
This point needs to be made in the summit and if not it needs to be made by lawmakers who go on TV today and tomorrow.