idlenessss asked:
Since capitolism is based on the concept that competition mixed with supply and demand will motivate compainies to maximize their efficiency and innovation, would it not seem that health insurance, whereby the person receiving the service is not actually required to pay the bill, would prevent hospitals from caring about havign a reasonable price fortheir service, or for operating efficiently? (sorry for the long sentence) Since hospitals are plentiful, would not simple free market economy work with with medicine in the US, and force prices to drop the a reasonable amount that people can actually afford, as it does with food, shelter, and all the other necesities that benefit from the superior free market economy? Could solving the problems of health care in the US be as simple as eliminating all health insurance companies?
Joel
Since capitolism is based on the concept that competition mixed with supply and demand will motivate compainies to maximize their efficiency and innovation, would it not seem that health insurance, whereby the person receiving the service is not actually required to pay the bill, would prevent hospitals from caring about havign a reasonable price fortheir service, or for operating efficiently? (sorry for the long sentence) Since hospitals are plentiful, would not simple free market economy work with with medicine in the US, and force prices to drop the a reasonable amount that people can actually afford, as it does with food, shelter, and all the other necesities that benefit from the superior free market economy? Could solving the problems of health care in the US be as simple as eliminating all health insurance companies?
Joel
Tags: Hospitals, Insurance Cost, Necesities
There is no simple answer. Some causes:(1) the last 12 months of life, people consume (on an average) more resources than in all of their previous years, though there are plenty of exceptions. i have seen hundreds of thousands expended to add a week to the life of a dying patient.There is no longer an acceptance of death as a part of life. People say “do everything”.(2). Lack of personal responsibility-people on Medicaid smoke and then demand expensive respiratory treatments, alcoholics and the morbidly obese go on disability for their self-inflicted disease. They don’t pay their own bills.The costs get shifted to those who do. (3). The breakdown of the family, the building block of society: in past generations people took care of their frail or ill relatives. now they demand that the health care system do it . (4). new treatments and meds-horribly costly. BTW, Hillary or Barack won’t be participating in what they plan for you.