Jim Waters from the Bluegrass Institute in Kentucky writes today what should serve as a warning to those here in NC that think the best remedy for our health care system is more government.
He recounts Kentucky’s failed experiment with "universal health care" which began back in 1994:
It was called the Kentucky Health Care Reform Act. And it destroyed the state’s health-insurance system. Within a couple of years of passage of this government invasion, all except one of the state’s providers left Kentucky.
Think a move toward "universal coverage" will help reduce the number of uninsured? Think again:
Premiums jumped between 36 percent and 165 percent, which resulted in fewer – fewer – Kentuckians with the capability to afford health care coverage. Ironically, more people went without coverage. Today, 19 percent of working-age Kentuckians – more than a half-million workers – go without.
Mr. Waters is concerned that Kentucky might continue on with their mistaken policy. We should be concerned that North Carolina seems determined to make the same mistake.