The WSJ has a solid editorial explaining the fiscal nightmare created by Mitt Romney’s health-care plan in Massachusetts, which looks worse and worse with each passing day. But there’s one part that I found extremely rich.
While I was writing my health-care story for our July/August issue, I looked at how state mandates requiring that insurance policies cover specific treatments (as opposed to allowing people to choose a plan that’s right for them) drive up the cost of health care by anywhere from 20 percent to 50 percent, according to a study by the Council for Affordable Health Insurance.
Now, says the editorial:
If there’s one thing Romney deserves credit for, it’s creating a government-managed health-care system in Massachusetts that’s so bad, and so over budget, that it provides free market advocates with the perfect case study to warn against the dangers of nationalized universal health care. Way to go, Mitt!