“An advisory panel of experts on Thursday recommended that the Obama administration emphasize affordability over breadth of coverage when it comes to implementing a key insurance provision of the 2010 health-care law. Obama officials charged with stipulating what ‘essential benefits’ many health plans will have to cover should make it a priority to keep premiums reasonable, even if that means allowing plans to be less comprehensive, counseled the committee of the National Academy of Science’s Institute of Medicine (IOM).” (Washington Post)
You mean the critics were right all along?
FEE Timely Classic
“Health Care’s Muddled Incentives” by Arnold Kling