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The root cause of those interlocking issues is that US society hasn't decided who should foot the bill for an individual's health care costs. Putting that burd
by wefarrell 7y ago
The root cause of those interlocking issues is that US society hasn't decided who should foot the bill for an individual's health care costs.
Putting that burden on the individual is akin to a reverse lottery, where an unlucky few pay are forced to pay obscene bills in order to survive.
Putting that burden on society is "socialism" and is at odds with market economics.
- conanbatt 7y agoI disagree, I think the interlocking issue is that few industries have as much public support for its vested interests as healthcare and education. Anyone can get away with anything because the public is generally tricked by a simplistic understanding of what medicine is, and consequently support terrible policies. You could drop the cost of care just de-regulating. But Milton Friedman failed, who would succeed today on that path?
- wefarrell 7y ago"You could drop the cost of care just de-regulating" That's a huge oversimplification and isn't true in many cases, for example when a single drug company owns the patent on a life saving drug. The laws of supply and demand are not in favor of those who require that drug to live.
- conanbatt 7y agoSad, but true. Access, Quality, Cost.
- nybble41 7y ago> for example when a single drug company owns the patent on a life saving drug Patents are a form of regulation. De-regulating would include voiding those patents. The government created that monopoly and all its attendant problems; there is absolutely no reason why it can't remove it just as easily.