I used to think that the WSJ had good health care reporting (if not the best). But it looks like its reporting may be heading the way of its editorial page. In an article called High Deductible Policies Offer Savings to Firm and Its Workers there’s a standard bunch of ra-ra tripe about how high deductible plans are good for employers (Duh!) and their workers (at least the healthy ones). (A summary version for those of you with no access is here). It’s a pretty uneducated piece, and I explained a while back over at Spot-on why what’s good for General Motors (or actually Intel) is in this case irrelevant for America. (The gist is that their sicker employees can afford to pay more into the “pool”, whereas America’s sicker citizens can’t).
But it beggars belief when I read this sentence:
ITAGroup joins a growing number of small businesses that are adding high-deductible plans in a push toward “consumer driven” health care. Fifteen percent of companies with between 100 and 499 employees have adopted them, according to a 2006 survey by the U.S. Chamber of Commerce.
So much so that I wrote this to the author: