In a recent article Ralph Nader attacks several critics of Obama’s health care reform proposal, including Cato:
Now enters the well‐insured libertarian Cato Institute with full‐page ads in the Washington Post and The New York Times charging Obama with pursuing government‐run health care. A picture of Uncle Sam pointing under the headline “Your New Doctor.” Nonsense. The well‐insured people at Cato should know better than to declare that this “government takeover” would “reduce health care quality.”
I agree that Cato employees are “well‐insured” – a description so appropriate that Nader used it twice in a single paragraph. At Cato we have Health Savings Accounts, which are probably the closest thing to free market health insurance allowed by law.
It’s nice to see Nader, a proponent of socialized medicine, praise HSAs. But it’s unfortunate that his preferred options for health care would abolish HSAs entirely.