The president's chief economic adviser defended the 'efficiency' of U.S. health care, calling it a 'pretty good system'
Updated on: April 23, 2019 / 6:40 PMIn a speech, Larry Kudlow, director of the National Economic Council, touted the benefits of private health insurance.Kudlow said the current employer-based system"ain't perfect, it needs reform. But it's still pretty good."
Under a single-payer health care system, he claimed,"180 million people would lose their private health insurance, principally through business ... completely sacrificing the efficiency of what is still a pretty good health care system. It ain't perfect, it needs reform. But it's still pretty good, and people are pretty satisfied with it."
He continued:"I think idea of just taking [employer-based health insurance] away is the most remarkable government confiscation plan I've ever heard," he said."By and large we get our insurance from businesses, and we are making it easier, I might add." He pointed to the Trump administration's move to allow so-called association health plans to be sold across state lines, which is currently being"You know, I think the basic parts of the system are OK.
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