Health insurance heartburn

Heartland Institute
Posted: July 28th, 2008 by Steve Trinward
Author: Conrad F. Meier

“Our healthcare system has a very bad case of regulatory indigestion. After years of an indulging regulatory diet cooked up in both Democratic and Republican kitchens, health insurance heartburn is rising faster than you can say ‘pass the Rolaids.’ From 1988 to 1996 we were headed in the right direction. During those years of ‘lite’ regulatory intervention of the healthcare free market, there was a steady decline in premium inflation to a low of 0.8 percent. Even with HillaryCare scratched from the menu, a great deal of regulatory food was left on the table. Health care statists had a feeding frenzy on leftover socialized medicine regulations and created an indigestible recipe called the Health Insurance Portability and Accountability Act of 1996 (HIPAA).” [editor’s note: Six years past, but still cogent - SAT] (06/01/2002)

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