Friday, February 29, 2008

Quote of the day

Most workers seem to have little knowledge of how much after-tax wages they are forgoing in exchange for their employer-provided health insurance. One result of this is less pressure for efficiency in the health sector. Indeed, given the apparent size of inefficiencies in health care, it may turn out that one of the biggest distortions from the tax code occurs through this channel.--Peter Orszag

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