The lessons are:
1: The Massachusetts plan does not control costs.(Read the full text of "Five Painful Health Care Lessons From Massachusetts".)
2: Community rating, guaranteed issue and mandated benefits swell costs.
3: Huge subsidies for low-to-medium earners could prove extremely expensive.
4: The exchanges reward people for working less and earning less.
5: The generous plans and added mandates give employers an incentive to drop health insurance.
These are all illustrations of the broader principle: When government interferes in the free market, prices rise, quality goes down, and honest people suffer.
Do we really want this for the rest of America?
