The new U.S. health care reform law was the best option for providing health insurance to the largest number of people while keeping federal government costs as low as possible, according to an analysis by the RAND Corp., a nonprofit policy think tank.That makes me happy. It's nice that a technocratic process can lead to an optimum policy.
Researchers used a specially designed computer model to simulate more than 2,000 different policy scenarios and found that the only alternatives to the new health reform law were all politically difficult because they would have included much higher penalties for noncompliance, lower government subsides, and less generous Medicaid expansion.
Under the new health reform law, about 28 million Americans will be newly insured by 2016, according to the analysis.
"Of all the proposals on the table that would expand health insurance to more Americans, the final health reform law included those that covered the largest number of people at the lowest cost to the federal government," study author Elizabeth A. McGlynn, a senior researcher at RAND, said in a news release from RAND.
RAND on Health Care Reform