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How to Fix the Health-Care ‘Wedge’
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Titre:
How to Fix the Health-Care ‘Wedge’
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Thread ID:
01416389
Message ID:
01416389
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The health-care wedge is an economic term that reflects the difference between what health-care costs the specific provider and what the patient actually pays. When health care is subsidized, no one should be surprised that people demand more of it and that the costs to produce it increase. Mr. Obama’s health-care plan does nothing to address the gap between the price paid and the price received. Instead, it’s like a negative tax: Costs rise and people demand more than they need.

http://online.wsj.com/article/SB20001424052970204619004574324361508092006.html
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