Health Care in Argentina

Howard Fineman describes his experience with health care in Argentina. He was happy with his care which was much less expensive than what it would have cost in the US. Interestingly he points out that the Obama plan would do nothing to solve the critical issue of out of control costs in the US. He describes Obamacare as moving 30 million more people into "a wasteful system that doesn't have either the price-signaling power of a marketplace or the sweeping overview and control of a state-run bureaucracy." He hits the nail right on the head. The problem is our system is already over-regulated, and half government run which is partly why costs are skyrocketing. The current plan will probably make things worse. As long as people don't pay directly for their own care, there will be no market mechanism to keep prices down.