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Monday, July 30, 2012

Romney Backs Obamacare--the Israeli Version

Paul Krugman in a hasty blog post just joined in the buzz today over Mitt Romney going off script and hailing the Israeli health care system--with its individual mandate and universal care.  "But as everyone who knows anything about it quickly pointed out, the secret of Israel’s success is … intense government involvement. It’s a single-payer system; but unlike Medicare, it also sets a budget per capita (adjusted for health status), so that the nonprofit plans are in effect forced to set priorities for treatment and also negotiate hard over provider payments; think of it as price controls plus death panels.Romney’s remarks here fit the classic (Galbraith?) definition of a gaffe: it’s when a politician accidentally tells the truth."

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