The price of price controls. (proposed government regulations for controling health care costs)
From: National Review
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Date: 8/29/1994
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Author: Amerling, Richard
ALTHOUGH the Clinton health plan seems dead, Democrats in Congress have retained one of its most important and troubling elements: price controls. The House majority plan, for example, would impose limits on and hospital fees after five years if spending targets were not met. Supporters of price controls should know that this approach has already been tried. Not only did it fail to rein in costs, it actually helped accelerate the growth in health-care spending.
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