Why Health Savings Accounts won’t work

Simplicity in action, from Kevin Drum:

…any healthcare proposal that’s designed to appeal more to healthy people than to sick people is fundamentally flawed. After all, the whole point of healthcare is to take care of sick people.

Read more here.  I am eagerly awaiting Arnold Kling’s excellent health care book from Cato; I will let you know when it is out.

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