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I do wish that was brought up. However, government provided healthcare or not (and Medicare or not), I think healthcare should be closely regulated (maybe by p
by pfranz 10y ago
I do wish that was brought up. However, government provided healthcare or not (and Medicare or not), I think healthcare should be closely regulated (maybe by professional organizations if not the government). I can't find the citation, but I was reading that as doctor density increases, the number of procedures increase even though the outcomes are the same. It's also pretty obvious that as Baby Boomers start retiring, we're going to need more medical professionals. The demand for those services probably won't show up until it's too late to train them so it'd be good to incentivise people now (although, it might be too late already).
- gwright 10y agoProfessional organizations generally advocate against lowering barriers to entry to their market. Delegating regulatory controls to a professional organization has to done very carefully. My understanding is that in the US, this is one reason why there is a limited supply of new physicians. Of course the health care industry is quite complicated with many conflicting and interacting incentives and regulatory distortions to a true free market.