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Clinton's tooth-fairy financing.

G R Wilensky1

  • 1Project HOPE.

The Journal of American Health Policy
|October 5, 1993
PubMed
Summary
This summary is machine-generated.

President Clinton's health reform financing plan is politically unrealistic and may reduce services for the elderly and poor. The proposal relies on unproven savings and ignores government forecasting errors.

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Area of Science:

  • Health Policy
  • Public Finance
  • Health Economics

Background:

  • The Clinton administration proposed a comprehensive health reform plan.
  • Financing this plan involved significant fiscal projections and policy changes.

Purpose of the Study:

  • To critically evaluate the political and financial feasibility of President Clinton's health reform financing proposal.
  • To assess the potential impact of the proposed financing on vulnerable populations and government fiscal management.

Main Methods:

  • Analysis of the proposed financing mechanisms and revenue generation strategies.
  • Review of historical federal government forecasting accuracy for new benefit programs.
  • Comparative assessment of proposed savings against international benchmarks.

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Main Results:

  • The financing plan was deemed politically unrealistic by supporters.
  • The proposal projected substantial, potentially unmatched, savings.
  • The plan's reliance on federal forecasting was questioned due to past inaccuracies.

Conclusions:

  • The proposed health reform financing carries significant risks.
  • Potential negative impacts on elderly and poor populations require careful consideration.
  • The plan's fiscal assumptions may not be sustainable or achievable.