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No, but if your theory of healthcare is that private healthcare produces the best, most advanced treatments, then by all rights you should fear the world gettin
by secstate 13y ago
No, but if your theory of healthcare is that private healthcare produces the best, most advanced treatments, then by all rights you should fear the world getting better than us at medicine. Healthcare is by it's nature a social issue as well as an economic issue. And a draining of doctors in the USA would have a devastating effect on general health.
Even more important is pointing out that medicine is already not a perfect capitalist economy. Insurance companies negotiate crazy deals with hospitals and doctors to avoid paying out, and the hospitals and docs are driven to post prices as high as humanly possible because the insurers are so ruthless in undercutting every single expense. What would Ayn Rand have made of a world where generic Advil in a hospital setting cost 1000% of what the drug store is charging? That's not a Smith economy. That's a gross perversion of free economics.
That's the snake eating it's tail on the other end of price control. $25 per pill for pain killers [1]? It's a joke.
[1] http://www.healthcarefinancenews.com/blog/why-aspirin-taken-hospital-can-cost-upwards-25 http://www.healthcarefinancenews.com/blog/why-aspirin-taken-...