Can Obamacare Work Where Romneycare is Falling Short?
Posted at 9:45 a.m. on Nov. 26, 2012
Brad DeLong is worried that President Obama’s health care reform law will have the same weaknesses as Mitt Romney’s health care reform in Massachusetts.
“Massachusetts has been vacuuming up doctors and nurses from Costa Rica and elsewhere and still has been finding that the cost of treating your state population is higher when 97% are insured than it was when 88% were insured. And there aren’t enough loose doctors and nurses in the rest of the world for the ACA to vacuum up enough of them to meet the needs of not 1 state but 50 states.”
“The investments in medical infrastructure and workforce–less than $30 billion for 32 million newly insured, less than $1000 for newly insured–seem an order of magnitude low.”