Wednesday, October 21, 2009

health care legislation

We spend on healthcare about twice as other developed countries without much to show for it. We could save one trillion dollars a year if we brought down our spending to the French level, the country with the best healthcare system in the world according to the World Health Organization. So I am a bit sad that the current round of health care reform may fail or accomplish very little.

Silver lining: The system we have in place subsidizes handsomely old folks like me (I am 65) who have good health insurance. So I will be able to hang on to these generous subsidies.

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