7/22/09

How Are We Solving the Excessive Health Cost Problem?

Earlier we asked:
How is a health care plan that forces everyone to get insurance (whenoverinsurance is part of the problem) and will cost a small fortune more for a country that already spends far too much on health care, solving this?
It seems that the director of the Congressional budget office might have similar questions:

Under questioning from Conrad, [CBO Budget Director Doug] Elmendorf delivered a bombshell, testifying that healthcare proposals drafted in the House and by the Senate’s Health, Education, Labor and Pensions (HELP) Committee would not curb healthcare spending, as Obama has envisioned, but instead add to federal spending
True, they are not exactly the same thing. But how is simply requiring everyone to get health insurance, and spending more government money on top of that, solving the problem?