The Right Cure to Health Care

longknife

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Sep 21, 2012
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But the goals of health reform demand quite the opposite. Facts show that private insurance is superior to government insurance for both access and quality of medical care. History shows that the best way to control prices is through competition for empowered, value-seeking consumers. Instead of shunting more people into insurance and care provided by the government, heavily subsidized by the government, or massively regulated by the government, reforms should focus on how to produce competition-driven markets that will deliver innovation and cost savings, thereby maximizing the availability and affordability of the best care for everyone. The key is to move away from centralized models based on misguided incentives necessitating more and more taxation to one of individual empowerment with personal responsibility.



This is an excerpt from the author's book that is here. It will stir up a lot of vitriol from the pro-ACA crowd but it will be interesting if they can do more than rant and rave.
 
But the goals of health reform demand quite the opposite. Facts show that private insurance is superior to government insurance for both access and quality of medical care. History shows that the best way to control prices is through competition for empowered, value-seeking consumers. Instead of shunting more people into insurance and care provided by the government, heavily subsidized by the government, or massively regulated by the government, reforms should focus on how to produce competition-driven markets that will deliver innovation and cost savings, thereby maximizing the availability and affordability of the best care for everyone. The key is to move away from centralized models based on misguided incentives necessitating more and more taxation to one of individual empowerment with personal responsibility.



This is an excerpt from the author's book that is here. It will stir up a lot of vitriol from the pro-ACA crowd but it will be interesting if they can do more than rant and rave.


Other nations have other approaches for much less expense and much better health outcomes. Regarding the ACA, the insurance and pharma industries were at the table helping craft the legislation initally proposed by the Heritage Foundation. Bad idea, but hey, that's modern america. Corporate power trumps everything.
 
History shows that the best way to control prices is through competition for empowered, value-seeking consumers.

Which would have been possible, at least to some extent, if consumers had been allowed to purchase insurance across state lines.
 

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