Tuesday, February 3, 2009

Lessons From Hawaii

Grace-Marie Turner explains how, "Hawaii's Keiko Crash Offers Lesson for All".

Fortunately, Hawaii's "universal coverage" plan for children collapsed quickly before it could destroy private insurance in the state. But it offered a good example of the phenomenon known as "crowd out".

Will the other 49 states learn the right lesson? Or will we duplicate this error on a national scale?