Mitt on HebrewCare:
"Do you realize what health care spending is as a percentage of the GDP in Israel? Eight percent. You spend eight percent of GDP on health care. You’re a pretty healthy nation. We spend 18 percent of our GDP on health care, 10 percentage points more…. We have to find ways — not just to provide health care to more people, but to find ways to fund and manage our health care costs.”
ANDREW ROSENTHAL comments:
I really would like to know if Mr. Romney— who as governor of Massachusetts passed a healthcare bill including an individual mandate before suggesting the president adopt the idea for the country before promising to “get rid of Obamacare”—bothered to research Israel’s system. Because every Israeli citizen has the obligation to purchase health care services through one of the country’s four HMOs since government officials approved the National Health Insurance Law in 1995. Moreover, Israelis pay 40 percent of their HMO’s costs through income-related contributed collected through the tax system, and the state pays the remaining 60 percent.
If Mr. Romney’s serious about finding ways “not just to provide health care to more people, but to find ways to fund and manage our health care costs,” he could start by endorsing the Affordable Care Act—a more market-oriented version of the Israeli system, which (as even Mr. Romney admits) works quite well.