by Thomas A. Firey
Cato Institute
January 09, 2014
Until now, the fear has been that IPAB will ration health care. I believe the more likely outcome is that the board will do no such thing, except perhaps to increase government-mandated spending on care that is of little value except to politicians. That will be a painful blow to PPACA legislation that otherwise does practically nothing to contain the rising cost of health care. The IPAB rationing monster sounds like a beast and it may flash some teeth, initially—but it will likely prove to be a paper tiger.

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