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I think full deregulation of healthcare would be superior to universal healthcare. But universal health care is clearly superior to American style almost fascis

by wycs 8y ago

I think full deregulation of healthcare would be superior to universal healthcare. But universal health care is clearly superior to American style almost fascistic corporate/government rent seeking.

dv_dt 8y ago
Every other modern nation has universal healthcare with gov't set prices and some mix of public and private provision of health care. They average half our costs and better overall performance. Where is there a single instance of a working healthcare system with fully deregulated healthcare? The free market solution is not a panacea for all kinds for all markets - particularly ones where there are inherent limiting information and choice constraints.
- anonymous5133 8y ago
  But the usa invents most of the new drugs, treatments, diagnostic equipment and so on which i dont think would exist without scientists and companies being motivated by profit.
  - chc 8y ago
    Does the US actually invent more of that stuff per capita? It's easy to produce more stuff than European countries when you have more people than the UK, Spain, France, Germany and Italy combined. (I'm not saying we don't — I honestly don't know. But I've seen a lot of cases like that, where it's easy to miss that one group isn't actually more productive, just larger.)
  - dv_dt 8y ago
    The setting of prices and banning of medical advertisement of drugs would eliminate the need for massive marketing budgets which exceed the R&D budgets for the drug industry. Of the R&D budgets spent by private companies, much of it is spent on patent extending repackaging exercises instead of fundamental research. And the OP still hasn't named one nation with fully deregulated healthcare while there are 30-40 OECD nations running much better performing healthcare systems with properly placed gov't controls while the US without is a complete outlier in the data. I don't want to be caustic, but the national data say so much more than hopes for a free market solution in the area of healthcare.

by wycs 8y ago

I think full deregulation of healthcare would be superior to universal healthcare. But universal health care is clearly superior to American style almost fascistic corporate/government rent seeking.

dv_dt 8y ago

Every other modern nation has universal healthcare with gov't set prices and some mix of public and private provision of health care. They average half our costs and better overall performance. Where is there a single instance of a working healthcare system with fully deregulated healthcare? The free market solution is not a panacea for all kinds for all markets - particularly ones where there are inherent limiting information and choice constraints.

anonymous5133 8y ago
But the usa invents most of the new drugs, treatments, diagnostic equipment and so on which i dont think would exist without scientists and companies being motivated by profit.
- chc 8y ago
  Does the US actually invent more of that stuff per capita? It's easy to produce more stuff than European countries when you have more people than the UK, Spain, France, Germany and Italy combined. (I'm not saying we don't — I honestly don't know. But I've seen a lot of cases like that, where it's easy to miss that one group isn't actually more productive, just larger.)
- dv_dt 8y ago
  The setting of prices and banning of medical advertisement of drugs would eliminate the need for massive marketing budgets which exceed the R&D budgets for the drug industry. Of the R&D budgets spent by private companies, much of it is spent on patent extending repackaging exercises instead of fundamental research. And the OP still hasn't named one nation with fully deregulated healthcare while there are 30-40 OECD nations running much better performing healthcare systems with properly placed gov't controls while the US without is a complete outlier in the data. I don't want to be caustic, but the national data say so much more than hopes for a free market solution in the area of healthcare.