What a maverick! Here is an excerpt from an article written by John McCain in the Sept/Oct issue of Contingencies - the magazine of the American Academy of Actuaries.
McCain talking about the wonders of market based health reform:
"Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation."
http://www.contingencies.org/septoct08/mccain.pdf
So let me get this straight. If we deregulate health care, it will perform as well as the financial industry? Genius!
Saturday, September 20, 2008
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