Healthcare Monopoly

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by Kevin_Kennedy, Aug 9, 2009.

  1. Kevin_Kennedy
    Offline

    Kevin_Kennedy Defend Liberty

    Joined:
    Aug 27, 2008
    Messages:
    17,581
    Thanks Received:
    1,577
    Trophy Points:
    205
    Location:
    Ohio
    Ratings:
    +2,015
    Any claims that a government run option won't become a monopoly or that "competition is always a good thing" are complete nonsense. The fact is that a private healthcare provider can't possibly compete with a government run option. Let's look at the United States Postal Service, Amtrak, and the recent Cash for Clunkers program as examples. Any private business run as poorly as the USPS or Amtrak would have shut its doors long ago and quit being a burden on society, but because they're government run they can run at huge losses for as long as the government funnels our money into them and forces private competition out of the market. Cash for Clunkers proves the adage that "there's nothing so permanent as a temporary government program." After burning through $1 billion in a week the Cash for Clunkers program got more funding from the government to continue subverting market forces.

    The point is that a government run healthcare option will be able to run at a devastating loss for years whereas a private option couldn't possibly do so. The government will simply be able to dump taxpayer money into the public option indefinitely while they undercut all of the private options, inevitably forcing them out of business.

    I hope those vaunted anti-trust laws apply to the government option, but I won't hold my breath.
     
    • Thank You! Thank You! x 3
  2. Mad Scientist
    Offline

    Mad Scientist Deplorable Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    23,936
    Thanks Received:
    5,211
    Trophy Points:
    270
    Ratings:
    +7,676
    Yeah, it's interesting that the gubamint will not allow some mergers to prevent what it calls a monopoly but will gladly practice a monopoly for itself.
     
  3. Kevin_Kennedy
    Offline

    Kevin_Kennedy Defend Liberty

    Joined:
    Aug 27, 2008
    Messages:
    17,581
    Thanks Received:
    1,577
    Trophy Points:
    205
    Location:
    Ohio
    Ratings:
    +2,015
    Well the only actual monopolies are government created, because they're the only ones in any position to actually create a monopoly. The Standard Oil and Microsoft "monopolies" are all myths.
     
  4. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    I completely agree that private insurance companies can't possibly compete with a government system.

    Government systems (like medicade and medicare) are much more efficeintly run than private insurance companies are right now.
     
  5. Old Rocks
    Offline

    Old Rocks Diamond Member

    Joined:
    Oct 31, 2008
    Messages:
    46,419
    Thanks Received:
    5,406
    Trophy Points:
    1,840
    Location:
    Portland, Ore.
    Ratings:
    +10,281
    You people are defending the worse ran Health Care System in the world. We pay the most and get the least results of any industrial nation in the world. Not only that, even little Costa Rica, hardly an industrial nation, exceeds us in all categories of health care. And there are, indeed, people going to Costa Rica, Americans included, to get medical care.

    Our Health Care System works very well for the wealthy and those whose skills are valued by industry. For the rest, it fails miserably.
     
  6. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,912
    Thanks Received:
    3,124
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,924
    ...you have to be an idiot to want status quo. That seems to be what Rush, Hannity and all the others are calling for (and yes I listen to them). They try to put on little twists like private health accounts, but they come up with little solutions to:

    (1) Medical Bills (even for the insured) being one of the largest causes of BK in America.
    (2) The Burden on Small-Businesses: Small business get overly burdened by expensive healthcare, preventing companies from opening, making them less able to compete and survive against large ones.
    (3) Pre-existing Restrictions Riders: Sorry KKK, but this is a serious problem. Private insurance companies will give you insurance, but not for the type of condition you need it for!
    (4) The Uninsured and the under-insured! Yes they make up the bulk for America!
    (5) Insurance for children: Say what you want, but these individuals are at the mercy what their parents get. They can't by themselves better their situation!
    (6) Illegals getting Free Healthcare: Pelosi's plan doesn't address it, but neither does the current system. Why not a treat (even for a common cold) and then deport rule! I see nothing wrong with that.
    (7) The Large Administration Costs for Doctors: You have internal collection, a team to fight with insurers, paper people etc. The costs are a major burden on the doctors that gets pushed onto us.
    (8) Unpaid doctor bills: All hospitals have expensive yet ineffect internal collection teams. These teams, along with the unpaid bills are a major burden on the hospital, again these bills get pushed onto the people able to pay the bills!
    (9) The Unemployed: People become unemployed and they lose their health insurance at that point (and please don't state COBRA, (1) COBRA is so damn expensive that its unaffordable and (2) you lost you income are you really going to be able to afford the same insurance that is now 4x what is was last month)
    (10) The High Expense of Medical School:
    (11) The High Cost of Malipractice Insurance:
    (12) The High Cost of Medical malipractice insurance; however fairness to the injured still needs to be highly considered!
     
    • Thank You! Thank You! x 1
  7. auditor0007
    Offline

    auditor0007 Gold Member

    Joined:
    Oct 19, 2008
    Messages:
    12,566
    Thanks Received:
    2,255
    Trophy Points:
    255
    Location:
    Toledo, OH
    Ratings:
    +3,218
    Good to see someone here thinks that we need some serious changes. The main reason we are currently faced with a possible government takeover of our healthcare is that too many people have supported the status quo for too long. The argument that everything is fine as it is now wreaks of complete idiocy.

    Number 10 on your list is also a much bigger issue than most will consider. With the cost of Medical School being so high, we have not increased the pool of doctors, and this is also driving up costs as it limits competetion.
     
  8. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,912
    Thanks Received:
    3,124
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,924
    I would like to say this. I don't like the Pelosi/Reid/Obama Plan, but I also HATE our current system! But many of the pundits make it seem its a black and white issue. We either keep our current system or go to socialized healthcare. I think there can be a compromise, where some of the issues mentioned can be addressed!
     
  9. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,912
    Thanks Received:
    3,124
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,924
    I see the cost of education in general is going to blow over! A bubble that burst and will continue to burst is the education loan industry. I work for a credit agency. I personally used to work with many student loan companies. I have no left (all out of business). There are no private student loan companies anymore. There are only FAFSA programs (Federally backed). Yet these loans don't cover roughly half. Private loans were needed to cover the rest. Yet with no one ever paying their private loans, big banks stopped offering them and student loan companies went belly up!

    But the problem lies in colleges that increase tuitions every year to far exceed inflation. Something has to go!

    But I digress! If any healthcare plan is theoritically going have doctors make less (but still a good amount of money), then being saddled with a monster load of debt (most of any profession) has to be changed.

    Obama talked about a few years out of college in the public sector doing basically charity work to get some of the loan forgiven.

    Law school has a very unattractive offer. 10 yrs in the public sector, while you pay for your student loans, at the end of 10 yrs your remaining balance gets forgiven! A worthless plan that helps very very few people.

    I say free tuition to accredited institutions for ALL enrollees. However, for 3 yrs (yes only see yrs), unless you get an excemption, you must work in public (lower pay) position. 3 yrs is not bad for an education that cost upwards of $250K
     
  10. Kevin_Kennedy
    Offline

    Kevin_Kennedy Defend Liberty

    Joined:
    Aug 27, 2008
    Messages:
    17,581
    Thanks Received:
    1,577
    Trophy Points:
    205
    Location:
    Ohio
    Ratings:
    +2,015
    When did I say I wanted the status quo? I think there definitely needs to be healthcare reform. However, it's in the opposite direction towards a more competitive market, not a government takeover. We need to get government out of the healthcare business all together. A free market's natural progression is towards higher quality and lower prices, it's when government gets involved that we see higher prices and stagnation of quality.
     

Share This Page

Search tags for this page

in healthcare what is the monopoly

,

political monopoly in healthcare