The American Prospect, October 27, 2009
What are our fondest hopes and worst fears for the health legislation now slouching towards the president's desk? On the plus side, it will cover slightly more than half of America's uninsured, qualify more of the near-poor for Medicaid, and it may lead to some greater rationalization of health outlays.
On the minus side, the plan leaves most people dependent on employers for health coverage and reinforces the political and economic power of the private insurance industry. It subsidizes insurers with more than half a trillion public dollars over 10 years, mainly using tax credits..
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