Barack Obama’s healthcare reforms fit this model nicely. He bundles three evergreen feel-good concepts — electronic medical records (EMR), disease prevention and chronic-disease management — and totes up dubious savings to fund his ultimate goal of making health insurance affordable to everyone.
Obama has pledged to lower healthcare costs to save the typical family $2,500 annually in insurance premiums by the end of his first term.
This is an unbelievably tall order — and an increasingly elusive target. Ironically, Obama’s own Web site points out that health insurance premiums have risen six times faster than wages in the last four years. And a survey of insurers indicates that healthcare costs will go up 10 percent in 2009.