The summer issue of Hoover Digest is now available online. The journal focuses on topics both classical—the economy, personal freedom, the role of government—and timely, such as cybersecurity, terrorism, and geopolitical shifts.
People have a hard time making choices when it comes to health insurance, so researchers are developing tools to help patients make the best decisions. There are plenty of easy consumer choices. Paper clips: easy. Dish sponges: easy. Those products sit at one end of the spectrum. At the other end, impossibly distant, is health insurance.
At the center of Joe Biden’s health-care proposal is the “public option”—a government insurance policy that would compete with private plans. Mr. Biden has obviously seen the polling. By 57% to 37%, Americans reject the idea, put forth by some of Mr. Biden’s Democratic rivals, of abolishing private insurance in favor of “Medicare for All.”
Milton Friedman explains that in case after case, government programs adopted for good purposes have had the opposite effects. Federal programs on housing, schooling, health care, and job training have created as many problems as they have solved. There are almost no exceptions of governmental programs that have achieved their initial stated goals.
The Working Group on Health Care Policy devises public policies that enable more Americans to get better value for their health care dollar and foster appropriate innovations that will extend and improve life.