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What do you think of the Singapore model? It includes price subsidies, health savings accounts and catastrophic coverage. I think the US will not move towards s
by amalag 13y ago
What do you think of the Singapore model? It includes price subsidies, health savings accounts and catastrophic coverage. I think the US will not move towards single payer medicaid for all, I think it will adopt something along these lines.
I think if people are forced to pay for routine care, we will get a much better system. Then insurance will be what it is meant for, catastrophic insurance. The simple analogy that noone uses car insurance to pay for oil changes is relevant I think.
- bhauer 13y agoAdmittedly, I'm not all that familiar with Singapore's model. But based on your description, it sounds better than where we're headed. I fully agree that if we paid out of pocket for routine maintenance and minor "repairs," we'd have the makings of a superior system. Give healthcare a genuine price signal and stop asking, "why is healthcare so expensive?" It's expensive for the same reason university education is expensive. Most of the time, someone else is paying.
- amalag 13y agoUnfortunately conservatives who hardly pronounce a sentence other than "Repeal Obamacare". I think everyone would welcome some debate on alternatives. As much as we like the market influence on routine care, I think the real cost is the elder and catastrophic care. We have sophisticated and expensive systems for health care. I don't know the answer, maybe it means eliminating insurance companies for a single payer model, and maybe it means higher deductible catastrphic care insurance. I do think the combination of insurance company lobbying and american disdain of "socialism" make things different here.