Friday, September 19, 2008

The McCain Prescription For America's Health Care

Here's what John McCain wrote in the new issue of Contingencies, the exciting bi-monthly magazine for the American Academy of Actuaries:
Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation.
Available in a .pdf file, John's plan, Better Care at Lower Cost for Every American, explains that the Liberian Medical Model (LMM) offers a promising roadmap to innovation. Liberia's health care system is completely free of state regulation, so innovative products are naturally super-abundant. Also, outcomes-based witch doctors are the backbone of the compelling system, and these doctors compete so vigorously they sometimes kill each other, eating the deceased medicine man's brain in order to capture his healing powers.

LMM is far more cost-effective than the current US health care system, is even better at customer service, and might duplicate the last decade's banking industry miracles. Sign us up, John!

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