Sally Pipes writes:
Now the real work begins. Earlier this year, three House bills and one other Senate bill passed out of committee. The Democrats’ task now is to weave those four bills and the new Baucus plan into one bill. For starters, Senator Harry Reid (D., Nev.) will meld the Senate Finance Committee plan into the HELP committee’s bill. The CBO estimated the latter to cost about $1.3 trillion.
But the debate between the Senate and the House plans involves disagreements over fundamental questions — such as whether insurance companies should be taxed on “Cadillac” plans, and whether there should there be a surtax on the wealthy and a “windfall profits” tax on insurance companies. And while liberal Democrats want a “public option” — a government-run health-care plan that would compete against private insurers — some of the more conservative Democrats want a trigger that would activate a public option if health-care costs don’t decrease, or for the states to set up their own public options.
It is unclear to me where health-care reform will end up but I do know that if President Obama gets his wish, health care will ultimately be more expensive and, as a consequence, government will have to set a global budget and care will be rationed. Taxes for all Americans will increase, deficits will rise, and the United States will be on its way to a Canadian-style, single-payer “Medicare for All” system with long waiting lists, denied care, and lack of access to the latest drugs and diagnostic treatments.
Read the whole thing on “Critical Condition,” NRO’s health-care blog. And while you’re there, read Jim Capretta’s new post on the Baucus folly, too.