Quote:
Originally Posted by JohnnyD
The above post re-emphasizes that your position is about fairness. You keep saying "if the government set prices, health care would be cheaper". When asked How? health care would be cheaper, your reply is "because the government would be setting the prices."
If it's that easy, maybe the government should tell gas stations how much they can charge for a gallon of gas. How about having them regulate the price of a fishing reel? I'm sure Van Staal would still have room for profit if they sold their reels for half the price.
As I have said above, how about the government stay out of telling businesses what they can and cannot do and take action in the areas the government actual should have a roll in.
For instance:
- It is ridiculous that I cannot purchase medical (or vehicle) insurance from a company outside of Massachusetts. Nothing is more effective on creating competitive pricing than competition. Yet the government requires me to purchase through a company registered in Massachusetts.
- How about developing tort reform? Did you know an Obstetrician is potentially on the hook for every child they deliver until the kid turns 18? That's why many OBs have malpractice insurance rates far exceeding 6 figures. Maybe that has some effect on the cost of medical care.
- Drug companies and medical supply companies are allowed to distort the spirit of trademark laws in order to keep drug costs astronomically high. Yes, they need to earn back money and profit from their R&D but the exploitation is ridiculous.
Let's not allow for the further unnecessary expansion of the government's power and will over corporations and the people. The government holds enough power already to effect change without further regulating the free market.
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The government regulates Electric, telephone, and natural rates. IN Mass they regulate car insurance cost, so what difference does it make if they regulate HealthCare cost nationally.
Do you think Obamacare is going to reign in the cost of healthcare?
There were 3 specialties that were over 100,000 for average cost
of premium. Orthopedist was around 89,000 and the other 21 specialties were less than 60,000 in 2010. But Massachusetts has one of the highest in the nation rates There are other states where every specialty is under 100,000, and according to Mass Div of insurance rates seem to have stabilized.
I definitely think that tort reform is needed, drug companies need to be regulated better, but bottom line is if you are charging X dollars 20% of X dollars as payment, and making your nut, then there is something wrong with your prices.
That is price gouging at it's finest.