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« Maxine's Health Links for November 10 2009 | Main | Financial Win-Win or Financial Debacle-in-the-Making: What Is Wall Street Up to Now? »

11/20/2009

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Maxine Udall (girl economist)

Maxine is no expert on health insurance nor does she have much trouble believing that HI companies' main objective is profit max, but she doubts that the release of the two recommendations are part of an insurance company plot to discredit health reform efforts or the public option. To the contrary, it is far more likely that this is an example of the guvmint shooting itself in the foot at the exact wrong moment. (Which is why some, including Maxine, are skeptical about the guvmint's ability to manage health care delivery and costs. Maxine differs from most of the skeptics on this front by believing that we are evolving to a new, more sustainable economic model in which the public sector can actually become more efficient and responsive than the private sector in the production, financing and/or delivery of some goods and services under circumstances that at present are not well understood. This year's Nobel Memorial Prize in Economics was shared by two people who have likely laid some of the ground work for the new model.)

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