The American Enterprise

Real vs. imagined problems.(Indicators)(Brief Article)(Illustration)

The most serious problem in American health care today is runaway costs. Thanks to the unfortunate fact that employers, governments, or other third parties now pay for most health care, consumers have few choices, and no incentive whatever to watch costs. As a result, the cost of medical treatment is rising at two or three times the general inflation rate.

Contrary to what some politicians claim, there is no crisis in lack of care or insurance coverage. The data below, for instance, shows that the number of children without health insurance has dropped steadily in recent years, to an all-time low. …

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