11-18-2016, 04:31 PM
(11-18-2016, 03:12 PM)Eric the Green Wrote:(11-18-2016, 02:43 PM)Warren Dew Wrote:(11-18-2016, 12:56 PM)Eric the Green Wrote:(11-18-2016, 11:41 AM)Warren Dew Wrote: For those of us who care about societal efficiency and the financial stability of the health care system, though, private insurance does a very good job on cost controls. Perhaps you don't look at your insurance statements, but I do, and typically private insurance pays about 1/3 of the health care providers' "normal" rates.
If you want health care costs to rise several times the rate of inflation, then private insurance is your cup of tea.
The only way to avoid that is to ration or to have the people who are getting the medical service to pay for it themselves. I agree that the current system that ties health care to the employer has problems in that respect. Better would be for the employer to pay that money to the employee and for the employee to choose his own health care freely.
Why would that way be the "only way?" Only because you don't believe in "socialized medicine." No, single payer is the way to "avoid that."
Probably because he understands economics enough to know that having a third party payer is about the worst way to do things. If the consumer is the one paying then they will weigh the costs and benefits of the treatments they are getting. The current system that ties insurance to employment is a direct consequence of the wage controls implemented during the war and making such benefits non-taxable.
Go learn some history and economics you idiot.
Democracy is the theory that the common people know what they want, and deserve to get it good and hard. -- H.L. Mencken
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises