May 12, 2014
THE HERITAGE MANDATES WIN AGAIN:
Healthcare to undergo serious surgery in tough Australian budget (MATT SIEGEL, May 12, 2014, Reuters)
[O]f the sectors examined by the National Commission of Audit it was healthcare, which accounted for 8.9 per cent of GDP in 2010-2011 according to OECD figures, that was singled out as the country's most serious long-term fiscal challenge.In support of that position, the audit recommended an A$15 ($14) fee for doctors' visits and proposed a U.S.-style healthcare model in which all Australians would be required to buy private health insurance, with lower wage earners receiving a subsidy.
We're all headed to the same place--universal mandated health savings accounts.Posted by Orrin Judd at May 12, 2014 6:53 PM