Mitt Romney on the Desirability of Health Care Mandates:

Mitt Romney, July 30, 2009:

Mr. President, What's the Rush?: No other state has made as much progress in covering their uninsured as Massachusetts. The bill that made it happen wasn’t a rush job. Shortly after becoming governor, I worked in a bipartisan fashion with Democrats to insure all our citizens. It took almost two years to find a solution. When we did, it passed the 200-member legislature with only two dissenting votes. It had the support of the business community, the hospital sector and insurers…. Our citizens purchase private, free-market medical insurance… a federal government insurance company isn’t necessary…. To find common ground with skeptical Republicans and conservative Democrats, the president will have to jettison left-wing ideology for practicality and dump the public option.

Our experience also demonstrates that getting every citizen insured doesn’t have to break the bank. First, we established incentives for those who were uninsured to buy insurance. Using tax penalties, as we did, or tax credits, as others have proposed, encourages “free riders” to take responsibility for themselves rather than pass their medical costs on to others. This doesn’t cost the government a single dollar….

When you calculate all the savings, including that from the free hospital care we eliminated, the net cost to the state is approximately $350 million. The watchdog Massachusetts Taxpayers Foundation concluded that our program’s cost is “relatively modest” and “well within initial projections.” And if subsidies and coverages are reined in, as I’ve suggested, the Massachusetts program could actually break even….

The Massachusetts reform aimed at getting virtually all our citizens insured. In that, it worked: 98% of our citizens are insured, 440,000 previously uninsured are covered and almost half of those purchased insurance on their own, with no subsidy.