Great coverage of Romneycare (a close cousin of Obamacare) by Sean Hazlett, and commentators, though the bottom line is kind of frustrating. The current system sucks, on cost which is causing all kinds of problems. But it isn’t clear that the alternatives (or at which one) are better on this front.
It seems that there are a wide variety of different systems in other nations. They mostly have lower cost, and often better results for health than found in the US.
My hope is that in making the ACA (Obamacare) law (at least for now) this issue has been elevated till we will find out way to a better system. If so I think Barack Obama will have at least one accomplishment. If the ACA is repealed, I would hope we don’t just end up with the status quo continued as we did in during the Clinton administration. But if it continues in its current form, I think it will take us over the budget cliff.
Brucetheeconomist's Blog 