starcraftzzz
Senior Member
- Feb 14, 2012
- 2,263
- 121
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So, as the GOP often does, they took an idea that might've been something nice and contorted it into something unworkable and ridiculous.
the GOP idea is capitalism just like we have with toothpaste. We have crushing state regulation in health insurance because Democrats are one part corrupt and one part stupid.
The biggest part of why capitalism works is competition; so it is odd that Republican oppose obamacare given that it makes it so insurance companies compete for customers. Of course scoring political points is more important tot he GOP then anything else.
Plz name one widely used government regulation that makes health care worse.
Here;s some regulations/intervention from Obamacare that makes health care better.
Administration Implements Affordable Care Act Provision to Improve Care, Lower Costs
^ACA expansion of value-based medicine estimated to save 60,000 lives and 35 billion dollars in its first 3 years.
http://www.gpo.gov/fdsys/pkg/FR-2012-01-10/pdf/2012-132.pdf
^New ACA regulations expanding electric funds transfers around 200million dollars a year
Affordable Care Act cuts health care red tape, saves $12 billion
^New ACA regulation simplifying of eligibility rules and claim transactions to save a net of 1.2billion dollars a year by reducing bureaucracy/paper work
Here some other regulations that make health care better
Setting Hospital Rates To Control Costs And Boost Quality: The Maryland Experience
^Marylands All payer rate setting has kept Marylands spending lower than almost all USA states, and saves the state billions of dollars.
Ezra Klein - In health care, more is not always better
^Strict government regulations reduced costs in Richmond; the city also had above par medical care for heart disease and pneumonia. Example of government regulation: local government requires hospitals/doctors to demonstrate a need to expand.
Your turn.