Paying a Premium for Insurance

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This is an opinion item.

Author(s) Jacob Sullum
Source Reason
Date July 22, 2009
URL http://www.reason.com/news/show/134948.html
Quote
Quotes-start.png "Also keep in mind that government spending, especially on health care programs, tends to be much higher than anticipated. "When Medicare was launched in 1965," note Cato Institute policy analysts Michael Tanner and Chris Edwards, "Part A was projected to cost $9 billion by 1990, but ended up costing $67 billion. When Medicaid's special hospitals subsidy was added in 1987, it was supposed to cost $100 million annually, but it already cost $11 billion by 1992."" Quotes-end.png


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This item argues against the position Act should be passed on the topic Patient Protection and Affordable Care Act.