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Mandatory and affordable health insurance

Author

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  • Len M. Nichols

Abstract

This paper asserts that America's health care system is broken and cannot be repaired with timid half-measures. It suggests that we need both universal coverage and a more efficient delivery system and that these are not competing objectives: Each is necessary to make the other possible. It further states that if we do not make health care more affordable and our delivery system more efficient and sustainable, a majority of Americans will be uninsured in short order. And the persistence of millions of uninsured impairs the efficiency we need to make health care and insurance affordable for all. Thus, contrary to conventional wisdom, this paper asserts that both universal coverage and delivery system reform must be pursued simultaneously.

Suggested Citation

  • Len M. Nichols, 2007. "Mandatory and affordable health insurance," Regional Economic Development, Federal Reserve Bank of St. Louis, issue Oct, pages 24-28.
  • Handle: RePEc:fip:fedlrd:y:2007:i:oct:p:24-28:n:v.3no.1
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    Keywords

    Insurance; Health ; Medical care;

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