Last updated on: 8/4/2010 | Author:

Michael F. Cannon, MA, JM Biography

Director of Health Policy Studies at the Cato Institute
Con to the question "Is the Patient Protection and Affordable Care Act (Obamacare) Good for America?"

“The price controls that Obama’s law imposes on pharmaceuticals and health insurance will prevent the market from expressing a demand for further innovations.
Massachusetts enacted a nearly identical law in 2006, which is already threatening to extinguish innovation in payment systems and healthcare delivery.

President Obama could have come up with a law making healthcare better, more affordable and more secure through the bottom-up process of innovation. Instead, he extended the world’s most expensive health care system to 32 million more people. And he did so in a way that could ‘dump’ more sick Americans than ever before.

That makes ObamaCare an attractive target for repeal.”

“US Healthcare: What Hath Obama Wrought?” Diplomat Magazine, May 2010

Involvement and Affiliations:
  • Director of Health Policy Studies, Cato Institute
  • Former domestic policy analyst, US Senate Republican Policy Committee
  • JM (Juris Master), Law and Economics, George Mason University
  • MA, Economics, George Mason University
  • BA, American Government, University of Virginia

None found

Quoted in:
  1. Will the health care reform laws decrease the federal deficit?