Clinton vs. Obama: Health Care

Both Clinton and Obama are proposing making changes in how we pay for health care. I’d love to see single-payer, but we aren’t going to get that.

The best piece of information I know of regarding their two plans is a blog entry by Paul Krugman. Both candidates propose subsidizing health insurance. Clinton would force people to sign up for insurance, though how people would be forced is not clear. Obama would not. While it is bad for freedom to force people to get health insurance, economically speaking there’s a free rider problem if you don’t. Only sick people would get insurance. Insurance costs would be way up there. Basically, mandated insurance is a tax. Without the tax, it falls apart.

One other big health care issue that I care about is stem cell research. My mother has fairly advanced ALS. She will likely die before stem cells cures could do anything for her. She also is probably against opening up funding for stem cells, as many stem cell lines are the results of abortions. I, however, am strongly in support of opening up stem cell research. I’d hate for anyone to go through my mother’s illness unnecessarily.

Both Clinton and Obama are strongly for opening up stem cell research beyond the limits imposed by the Bush administration.

One thing that has driven up health care costs is the high prices of drugs, imposed through patent monopolies. Dean Baker has proposed that we fund drug innovation differently, rather than through monopolies. I don’t know if that would work well or not, but no candidate will get on board that right now. However, we could import drugs from Canada. We could also allow medicare to negotiate drug prices, which they are currently forbidden from doing.

Both Obama and Clinton have supported these ideas.

Advantage: Clinton.

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