October 21, 2007
MEGAN MCARDLE WONDERS why states can't run single-payer health care systems: "TennCare didn't get into trouble because there was a recession; it got into trouble because it was godawful expensive and getting more so by the minute. Costs were projected to rise by about 75% over the next five years, and even though the federal government would have picked up almost half the tab, Tennessee couldn't afford to pay it. The failure of the various state initiatives is an instructive look at our future."
TennCare was supposed to be a stalking-horse for HillaryCare. It was a disastrously expensive flop.