Foundation for Economic Education
http://www.fee.org

Obama May Settle for Nonprofit Health Co-ops

Posted By Sheldon Richman

“President Barack Obama may accept nonprofit health-insurance cooperatives in place of a new government-run plan as long as consumers are guaranteed more choice and competition in buying insurance, a top aide said.” (Bloomberg [1], Friday)

Translation: Profit is the obstacle to competition and choice.

FEE Timely Classic
“Profit: Not Just a Motive” [2] by Steven Horwitz


Article printed from Foundation for Economic Education: http://www.fee.org

URL to article: http://www.fee.org/articles/in-brief/obama-settle-nonprofit-health-coops/

URLs in this post:

[1] Bloomberg: http://www.bloomberg.com/apps/news?pid=20601070&sid=aBKMHXigiNMM

[2] “Profit: Not Just a Motive”: http://www.thefreemanonline.org/featured/profit-not-just-a-motive/

Copyright © 2008 Foundation for Economic Education. All rights reserved.