2 ms·
> you can tell grandma why she's not going to get that hip replacement or cancer treatment I'll ignore the flame-bait. I honestly believe that we could reduce
by mises 7y ago
> you can tell grandma why she's not going to get that hip replacement or cancer treatment
I'll ignore the flame-bait. I honestly believe that we could reduce regulation and make the poorest better off. I referenced above an example: an Indian hospital has essentially mass-produced procedures for low cost. Things like hip replacements do not take a brilliant surgeon with eight years of medical training; I think breaking the monopoly of the AMA and lowering regulation will allow cheap procedures at prices reasonable to almost all. For those last few, I believe Churches and states ought to shoulder the responsibility. I said nothing of "no health-care", I said that the feds shouldn't do it and that single-payer is a bad solution.
> amend the constitution.
Be careful with amending our founding document to push a policy agenda. This has been rarely done in the past, because if one side does it to suit one agenda, the other will reciprocate once re-elected. Maybe the far left could get socialized medicine, but the right might repeal the 14th amendment birthright citizenship next election.
> Yes, it's the regulations, for sure. Like the ones that keep the air and water clean, and the rivers not-on-fire. And drugs safe. See if we just got rid of that, we'd be in great shape.
What did I say of environmental regulations? We have them to protect the rights of others, and they are important.
With respect to drug safety, I do believe rules could be somewhat loosened, but I also believe some regulation is necessary.
> Even a Koch funded study showed MFA would be +/- 5% of what it costs right now
This is an "alternative fact" pushed by Senator Sanders and Congresswoman Ocasio. [0]
> You take all the money employers are currently spending on employee cover via a combination of payroll and personal taxes, direct it to the Medicare pool and enroll eveyrone.
Americans are generally leery of just "taking the money", "directing it", and "enrolling everyone". That's too heavy-handed an action for the feds to take. I would appreciate a different source for your cost, as the one you mentioned was not correctly represented.
With respect to unit economics, that does not account for quality. Note that the study you cited above mentions the outrageous cost in the abstract. It also mentions that Medicare reimbursement rates are roughly 40% lower than private insurance; where will the extra money come from? That doesn't make the unit economics cheaper, that means private health insurance costs are currently subsidizing low medicare reimbursement rates. The bulk of the "cost reduction" to which you are referring (over 85% thereof) came from provider payment cuts, which assumes the current 40%-below-market rate. That's not better unit economics, that's monopolizing an industry and fixing prices. The remaining <15% came from better drug prices. I will concede that a monopsony tends to lower prices for certain things, but this is not nearly what you claimed.
[0] https://www.factcheck.org/2018/08/the-cost-of-medicare-for-all/ https://www.factcheck.org/2018/08/the-cost-of-medicare-for-a...
- arcticbull 7y agoDude it’s not an alternative fact it was literally a Koch funded study I linked and read, and suggest you do the same.