April 30, 2008

WHILE EVERYONE WAS TALKING ABOUT JEREMIAH WRIGHT YESTERDAY, John McCain was unveiling his health care plan.

Megan McArdle was on the conference call and observes: “The plan’s heart is mostly in the right place: break the link between employment and health care, make the plan revenue neutral (ish), change Medicare reimbursement so that we pay for results rather than procedures.” But, she observes: “The senator is proposing one thing that I think is a terrible idea, pharmaceutical reimportation. Naturally, this is the part of his health care plan with the highest probability of passage.”