Over at The Corner, Ramesh Ponnuru theorizes that people want more control over how they spend their health care dollars:
[Ezra] Klein’s argument is that if employees understood that the employer’s alleged share of their health-care costs are really part of their wages — and if they saw it on their paychecks — they would be more supportive of cost control. I agree with that. But I assume he means (based on his examples in this op-ed) that they would be more supportive of cost controls imposed by HMOs or Congress. I think they would be more inclined to favor turning over control of health insurance from their employers to themselves, and making the cost-quality trade-offs for themselves with their own money. Under the status quo, those trade-offs are made by other people and the fact that it’s the employees’ money is obscured.
It sounds nice in theory. But in practice it seems to be exactly wrong.
Here’s why. Read more »
*This blog post was originally published at See First Blog*