Saturday, July 18, 2009

Gov't health care costs more, not less

"PREZ IS WRONG TO PROMISE SAVINGS"--NY Post By JEFFREY H. ANDERSON

"In claiming that the solution to skyrocketing health costs is more government-run care, President Obama has relied on a myth -- the belief that Medicare and Medicaid have restrained the growth in health expenses, relative to private care.

" My new study, published by the Pacific Research Institute, shows that -- across four decades -- the costs of government-run health care have risen far more than the costs of private care.

"My study compares the cost increases of Medicare and Medicaid with those of all other health care in the United States. The key finding: Since 1970, Medicare and Medicaid's costs have risen one-third more, per patient, than the combined costs of all other health care in America -- the vast majority of which is purchased privately."

Read the rest:

http://www.nypost.com/seven/07182009/postopinion/opedcolumnists/govt_care_costs_more_179841.htm

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