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One problem is that there's no such thing as 'health care'. It's like saying everyone should have 'transportation'. Does that cover bicycles? A Ford Focus?
by mhartl 18y ago
One problem is that there's no such thing as 'health care'. It's like saying everyone should have 'transportation'. Does that cover bicycles? A Ford Focus? A Rolls Royce? To 'do what is right', 'transportation' should include air travel, too, right? So, free coach? First class? A Gulfstream? And so it goes with 'health care'.
The many products under the umbrella term 'health care' are scarce goods. Long experience shows that in virtually every respect the best way to allocate scarce goods is on a market. All systems (including the present one) used to distribute 'health care' that ignore or distort markets are doomed to frustration and failure.
Alas, creating a truly free market in health care is on no mainstream politician's agenda. I don't expect our situation to improve much soon.