How NOT to finance health care

Bob Herbert talks today in the New York Times about how the Senate Health Reform Bill finances reform in about the dumbest possible way i.e taxing generous health care plans instead of an overall tax increase on everybody.

It should be obvious, but a 40% tax on generous health care benefits will simply discourage employers from proving good health care, and will make health consumption fall without increasing quality in any way.

This compromised health care bill may make things better in some ways, but it should be a textbook lesson on how not to build a nation’s health care system.

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