Forbes reports on new Massachusetts health care law passed just weeks ago:
Described as “immensely complex” by the Massachusetts Hospital Association, the core of the 349-page law aims to control the state’s mounting medical costs by indexing healthcare expenditures to the gross state product (GSP) — that is, the state’s total economic output. Starting next year, healthcare spending will be allowed to grow no faster than GSP — and between 2017 and 2022, no faster than a half percentage point below GSP.Ezra Klein and "progressives" call moving away from market based decisions progress. Actually, it's just death by government.
