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Cato Scholars Comment on Premium Cap in Hillary Clinton's Health Plan

Friday, March 28, 2008

Michael Cannon, director of health policy studies:

Sen. Clinton wants to force everyone to pay health insurance premiums and to set premiums as a certain percentage of household income, which is just a clever way of converting premiums into a progressive income tax. Socialized medicine, here we come.

Michael D. Tanner, director of health and welfare studies:

Hillary Clinton's proposal for capping health insurance premiums shows just how incoherent her health care plan really is. First, she imposes a host of new regulations that will drive up insurance costs, then tries to limit the damage by artificially capping costs.

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