The Politics of Wyden-Bennett
I keep hearing people — most recently Senator Graham — suggest that this legislation could be a workable bipartisan compromise on health care. I don’t see it. Is there any reason to expect the public to be more enthusiastic about a plan that gets rid of the tax break for employer-provided coverage altogether? The disruption of existing arrangements has, as I noted earlier today, been the most important political disadvantage of Obamacare. It’s a bigger one for Wyden-Bennett. As for its vaunted low costs, they are achieved by more than doubling the percentage of Americans in HMOs. That should sell well.