08 December 2013

US Health Reform Keeps Insurance Companies in the Mix, No Matter the Cost

Tuesday, 03 December 2013 13:08  
By Paul Krugman, Krugman & Co. | Op-Ed

In a recent online post for the Roosevelt Institute, the economics commentator Mike Konczal said most of what needs to be said about the underlying sources of the Affordable Care Act's complexity, which in turn set the stage for the current tech problems. Basically, Obamacare is not complicated because government social insurance programs have to be complicated: Neither Social Security nor Medicare is complex in structure. As Mr. Konczal wrote, it's complicated because political constraints made a straightforward single-payer system unachievable.

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