GOP Health Care Reform Is More of the Same

Press release from the Ayn Rand Center for Individual Rights:

GOP Health Care Reform Is More of the Same

WASHINGTON, D.C., August 25, 2009--In a Washington Post editorial yesterday, Republican National Committee chairman Michael Steele offered his principles for reforming health care. While he rightly condemned the Obama plan for expanding government control over health care, Mr. Steele vowed to preserve the existing government policies and programs that are responsible for today’s health care crisis, such as Medicare and Medicare Advantage.

Yaron Brook, executive director of the Ayn Rand Center, writes, “If the government guarantees health care to people, costs have to skyrocket. When someone else is footing the bill for health care costs, consumers demand medical services without having to consider their real price. The artificially inflated demand this creates sends expenditures soaring out of control. It is irrelevant whether the government finances this spending spree directly, as it does with traditional Medicare, or indirectly, as with Medicare Advantage. In the end, the results are the same.

“The only way to fix the problems caused by government interference in medicine is to eliminate government interference in medicine. By returning to a truly free system where each individual is responsible for his own health care costs, we would unleash the power of capitalism in the medical industry, leading ultimately to high quality, affordable medical care for Americans. Let’s start looking at ways to phase out government interference in medicine.”