Government involvement in healthcare drives prices up. Government should do less instead.
John Stossel writes:
President Trump and Paul Ryan tried to improve Obamacare. They failed.
Trump then tweeted, "ObamaCare will explode and we will all get together and piece together a great healthcare plan for THE PEOPLE. Do not worry!"
But I do worry.
Trump is right when he says that Obamacare will explode.
The law mandates benefits and offers subsidies to more people. Insurers must cover things like:
- Birth control.
- Alcohol counseling.
- Depression screening.
- Diet counseling.
- Tobacco use screening.
- Breastfeeding counseling.
Some people want those things, but mandating them for everyone drives up costs. It was folly to pretend it wouldn't.
Insisting that lots of things be paid for by someone else is a recipe for financial explosion.