This morning Cato-at-Liberty reminds us of some of the elements of Romney's health care plan in Massachusetts:
- Imposes an unprecedented individual mandate, requiring everyone in Massachusetts to purchase a government-designated insurance product or face thousands of dollars in tax penalties.
- Significantly increased Medicaid eligibility and provided taxpayer-funded subsidies for a family of four earning as much as $62,000 year, effectively extending welfare well into the middle class.
- Creates a Hillary Clinton managed-competition-style regulatory authority called the Massachusetts Health Care Connector. This new regulatory body has already mandated that every health care policy sold in the state must cover prescription drugs and has outlawed policies with deductibles of more than $2,000.
- Imposes a penalty on businesses that do not provide health insurance to their employees (although in fairness, this provision was enacted over Governor Romney’s veto.)
- Greatly expands the state’s health care bureaucracy, creating at least 10 new boards, commissions, and other institutions to study and regulate health care.