Wednesday, May 24, 2017

Single Payer

California’s Single-Payer Health Care Plan Would Cost More Than the State’s Whole Budget. Like in Colorado, New York, and Vermont, California is learning that a single-payer plan would be prohibitively expensive.
Giving away nice stuff, like maybe free college tuition for everyone, or in this case, free health care for everyone (and that means everyone with a pulse, citizen or not), sure does have its attraction. But there's that pesky thing about "No Such Thing As A Free Lunch", and in the real world, everything has to be paid for somehow, by someone. Idealism can only take you so far, and then reality hits you over the head. Huge raises to the tax structure of CA will of course not affect a segment of the population, the poor and those who live outside the system as much as possible. Instead they'll hit the middle and upper classes solidly, raising the whole cost of living for the state. This means more businesses struggle, more move away or close, more people leave as soon as they retire (or before), and the economic spiral downhill rolls on. I would normally doubt that the legislature would go ahead with this plan, but these days I don't predict anything about the people running some states. If they do go for this in Sacramento, it will be really interesting to see how it works out in the next decade... or sooner. --Del

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