Symmetry wrote:Free markets are pretty bad when it comes to stuff like this. Why be so adverse to looking at models that work better and cost less?
We haven't tried a free market approach to the health care in the US. Not even close. You might not understand how it works in the US so I shall explain.
The insurance companies in the US are cartels and they (with government blessing) have carved up the US into sectors. Only certain insurance companies are allowed to operate in any particular market. This informal cartel agreement is now well established through US Federal and state laws.
For instance, in any particular part of California one would only be able to shop about a half dozen to at most a dozen different insurance companies. There are over 1,200 insurance companies operating through out the entire US. But in any market you live you only have the opportunity to shop over but a tiny percentage of those companies. It is like this in every state of the Union.
This is enforced by state laws and Federal laws limiting the number of insurance companies that are allowed to operate in a given sector. This has the effect of insurance companies to keep prices high. It curtails competition. And the governments of individual states and the Central US government are all in cahoots with the system.
It's not a free market, it never has been.
There is also the other problems with rising health care that are never addressed. Such as the debasement of our currency. The Fed and the US government claim there is no inflation. Or that it is under control and acceptable. For two years there was no cost of living increase for SS.
In calculating inflation, official government statistics ignore one particular segment of the economy. Healthcare. Healthcare is not factored into the inflation models. Healthcare increase in cost 10X the national inflation rates in many segments of the nation.
There are no "solutions" to any problems in life. There are only trade offs. That's what people seem to lack understanding of. The more free markets are the better services tend to be in general. The better the quality as well if competition is allowed. There is none of that in the healthcare segment.
Currency debasement not only is the cause of inflation, it is also the root of problems across the board. Who cares if homosexuals can get married if no one has economic opportunity?
What good is it to have equal treatment under the law if we are all debt slaves?
How can we leave a better life for our children when more and more of the fruit of our labors is taken from us to "solve" these various social problems?
Our currency, our medium of trade, the measure of our labors is constantly being destroyed by The Federal Reserve and government spending policies. That's a bigger issue than some schmuck lighting up a cig in public or gays getting married, or any other myriad of problems different people perceive of as being "problems". Destroying our money is going to affect every single American and has disastrous consequences for nearly every nation on the planet.
Consequences that make all the social issues seem petty by comparison.