A SINGLE-PAYER SYSTEM IN JACKSON HOLE CLOTHING

President Clinton's Health Security Act relies on government regulatio n, not market forces, to control costs. The act creates an entitlement to comprehensive benefits and places the federal budget at risk for t otal health care costs in order to achieve universal coverage; it crea tes a system of new state purchasing monopsonies; and it attempts to c ontrol costs with price controls on health plan premiums, set and admi nistered by a National Health Board that would be part of the executiv e branch, not insulated from political considerations. We believe ther e is a better way.