Posted by Jonathan Adler:
"Fannie Mae Health Care":
http://volokh.com/archives/archive_2009_06_21-2009_06_27.shtml#1246122122
[1]John Calfee on the dangers of a "public plan" for health insurance:
a public plan would possess formidable and perhaps overwhelming
competitive advantages -- generated not by efficiency but by the
artificial advantages of "public" status. This would have two
disastrous consequences. The first will be to cause most Americans
now covered by private insurance to move to public insurance -- one
step away from single-payer health care. The second will be to
undermine incentives to develop more of the immensely valuable
medical technology that is central to all of health care.
References
1. http://online.wsj.com/article/SB124597297859757163.html
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