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A Nov. 20 Wall Street Journal editorial on a health insurance proposal recently released by America's Health Insurance Plans indicated that individuals should take more responsibility for their health care costs through enrollment in high-deductible health plans, a recommendation that might "resonate" with economists but that also raises questions about coverage for "highly paid corporate executives," Uwe Reinhardt, a professor of political economy at Princeton University, writes in a letter to the editor of the Journal. Reinhardt asks, "Does it not imply that these executives should never have the corporation buy health insurance of any sort for them, lest these executives become too insensitive to the cost of their health care?" He adds, "Instead, we find that corporate executives routinely insist that their companies purchase for them and their spouses generous health insurance for life, and many of them even insist that the company cover all out-of-pocket expenses built in to such policies" (Reinhardt, Wall Street Journal, 11/29).
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