Quote (cambovenzi @ Apr 14 2012 11:00am)
Right its better than when care was more affordable for all, doctors and patients could decide what was the best plan for themselves, and we had the best health care in the world.
im sure.
if your link actually worked i might read it.
Try this one:
http://www.nber.org/papers/w7266.pdf?new_window=1Quote (cambovenzi @ Apr 14 2012 11:14am)
Ive seen bold claims with broken links. Nothing that will break the laws of economics.
I've already pointed out how obviously our current system isnt free market with so many bad regulations and so much intervention and mandates.
Anyone with common sense will tell you a freer strategy will drive down prices.
but oh hey public education. just another example of inefficient government intervention at work.
There are no "laws" of economics. Again, demonstrating your lack of knowledge regarding economics.
You're aware that Germany has a system that is very similar to the American one, that is even
more heavily regulated, and achieves much lower costs.
Singapore attempted to use a "free market" highly competitive system with medical savings accounts and catastrophic insurance...it turned out to be grossly inefficient, until after the government put in place several regulations that controlled costs.
Go read the Arrow paper I posted...it's by far the most cited health economics paper...it details why the health market is far different than any other market.