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Old 05-31-2018, 10:56 AM   #117
Pete F.
Canceled
 
Join Date: Jun 2003
Location: vt
Posts: 13,069
Quote:
Originally Posted by detbuch View Post
Quote:
Originally Posted by detbuch
I'm not proposing a system. I'm proposing that the federal government significantly get out of health care. I'm proposing that the individual states create whatever regulations are needed, and that those regulations protect a free market in health care. Can you point out an example of what you think I propose doesn't work?

Pete F reply "Apparently, no country is foolish enough to try it.

It's not about a country trying it. "Countries" doing it are government controlled market models. Free market models of all sorts and categories, not just medical care, have not only been tried, they work better and are usually the first model which is then followed by various government attempts at regulating costs and just about everything else--which usually results in overall costs going up.

As far as free market surgical procedures go, Lasik and cosmetic surgery prices not only are far less costly than the highly government controlled health care procedures, they have gone down due to competition. And there are some private surgical and medical clinics that do not take Medicare or Medicaid, and who advertise prices which are far below standard hospital prices: http://kfor.com/2013/07/08/okc-hospi...prices-online/

And, as far as "country" or government run health care goes, Singapore and
Switzerland are probably the two best and they are far closer to free market than the others. The more market oriented health care is, the better and less costly it is.
Actually Switzerland's healthcare looks a lot like Obamacare, except the insurance company can't make a profit on it.

Swiss are required to purchase basic health insurance, which covers a range of treatments detailed in the Swiss Federal Law on Health Insurance (German: Krankenversicherungsgesetz (KVG); French: la loi fédérale sur l’assurance-maladie (LAMal); Italian: legge federale sull’assicurazione malattie (LAMal)). It is therefore the same throughout the country and avoids double standards in healthcare. Insurers are required to offer this basic insurance to everyone, regardless of age or medical condition. They are not allowed to make a profit off this basic insurance, but can on supplemental plans.[3]

The insured person pays the insurance premium for the basic plan up to 8% of their personal income. If a premium is higher than this, the government gives the insured person a cash subsidy to pay for any additional premium.[3]

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