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The SCHIP bill, socializing health care for a lot more Americans, has just been signed into law. That means that your taxes will be paying for health insurance for lots of kids who already had health insurance. It means that your taxes will be paying for health insurance for kids whose families earn up to $80,000 per year.

SCHIP does help uninsured children find coverage, but at great expense. They find no evidence that SCHIP actually improves health outcomes, or that the program addresses the systemic quality problems that confront even insured children.

SCHIP’s great expense stems from the fact that in many cases, it simply enrolls children who were already insured privately. Economists Jonathan Gruber and Kosali Simon estimate that out of every ten children added to the SCHIP rolls, six already had private coverage. Only in government is a program deemed to “work” when it covers four uninsured children for the price of ten.

The current proposal will only exacerbate this problem. Congressional Democrats want to expand SCHIP to children in families of four earning up to $80,000 per year. The Congressional Budget Office reports that 77 percent of such children already have private health insurance.

How do you like subsidizing families that make more than some of you do? Is that the change you wanted?

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