Congress established the Children’s Health Insurance Program (CHIP) in 1997, in response to mounting pressure to address the number of uninsured children in the United States. Proponents of the plan argued that CHIP would deliver health insurance coverage to half of the nation’s 10 million uninsured children by 2000. Through federal FY 2005, however, the CHIP program had never reached enrollment of even 4 million children at any given time.
Rigging Drug Prices
Americans are deeply concerned about the cost of prescription drugs—and for good reason. Over the last decade, drug prices have outpaced inflation, and Americans are paying more than two and a half times what other wealthy nations pay for the same drugs. Most people believe high prices are simply the result of expensive research and development, which may hold for some...