PolicyGuy

Friday, August 29, 2003


Medical Savings Accounts--Worthwhile or Worthless?
The Des Moines Register disses Medical Savings Accounts, saying they will lead people to deny themselves important medical services and fatten the coffers of the wealthy. David Hogberg takes on these criticisms in his Cornfield Corner. Here's a sample of the Register's thinking: The idea that, in general, people spend their own money more carefully than they do other people’s money must be right out of fantasyland. Contrariwise, it is hard-headed reality to think that keeping a system in which people perceive that someone else is paying the bill will hold down costs.

"Justice Louis D. Brandeis'?s metaphor of the states as "laboratories" for policy experiments ... had almost nothing to do with federalism and everything to do with his commitment to scientific socialism. .... To this day, it continues to inhibit a truly experimental, federalist politics." -- Michael S. Greve

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