Cato Fellow: Massachusetts Provides Universal Coverage But No Cost Containment

Michael Tanner, senior fellow of the Cato Institute says, “Massachusetts’ biggest mistake was that they made universal coverage the loadstone of their reforms. That the whole idea of whether or not this was to be a successful reform was did they get a piece of paper into everybody’s hands that said they had health insurance. They neglected the all important issue of cost containment.”
Tanner believes the federal government should consider problems like this before reforming the national health care system. (0:54)
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