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Start a hospital and your obligation to accept all ECU patients will be the smallest of your worries - a law which I agree with. Every. Little. Detail. about h
by randyrand 11y ago
Start a hospital and your obligation to accept all ECU patients will be the smallest of your worries - a law which I agree with.
Every. Little. Detail. about healthcare is regulated. From the years of doctors education, from where they must go to school, to who can do what procedures, to how many volts your power supply can ripple, to the brand of emergency generator your hospital is allowed to use, to they types of investments your hospital is allowed to make, to the types of antiquated file formats your hospital records must support. I am not even scratching the surface. It's not that the regulations are bad intentioned or even bad ideas, its that following them is huge, huge overhead that prevents innovation and competition. Heck, the state has essentially conspired with the AMA to limit the number of doctors. It's a classic barrier to entry exmaple that professions lobby for. And it's the reason a highly trained doctors still need to perform the majority of simple procedures. Because that how the doctors want it.
Depending on your state, there are between 800,000 and 1,500,000 pages of health regulations. The affordable care act is 20,000 pages alone, and that is just one regulation among hundreds.
Healthcare is the most over regulated industry in the United States. Bar none. And it has been a disaster.
AS for preexising conditions, my stance is that If the taxpayers want that, then the tax payers are more than welcome to foot the bill. It doesn't even make sense to have insurance companies, which insure against risk, to provide it.