ABC News investigative reporter John Stossel provides this WSJ ($) op-ed in yesterday’s paper in preparation for his long-awaited ABC special on America’s health care and health care finance system tonight at 9 p.m., CDT:
Mr. [Michael] Moore [in his documentary “Sicko”] claims that because private insurance companies are driven by profit, they will always deny care to deserving patients. For this reason, he argues, profit-making health-insurance companies should be abolished, our health- care dollars turned over to the government, and the U.S. should institute a health-care system like the ones in Canada, Britain or France. [. . .]
Mr. Moore thinks that profit is the enemy and government is the answer. The opposite is true. Profit is what has created the amazing scientific innovations that the U.S. offers to the world. If government takes over, innovation slows, health care is rationed, and spending is controlled by politicians more influenced by the sob story of the moment than by medical science.