Top ten countries in the world all have national health insurance : There's an obvious correlation. There's causation too. Healthcare spending in those countries averages around 8% of GDP, in the US it's 18%.
Would you like an extra 10% pay?
You mentioned a causation. Was that just rhetoric? Or are you going to reinforce that assertion with evidence.
Although I don't believe in single-payer (socialized) medicine, there are several points where I agree with Zeke Emanuel. Oddly enough, they happen to be the points that none of the mouthpieces are mentioning. In "The Perfect Storm of Overutilization", Zeke Emanuel et. al. states:
In normal markets, demand is modulated by cost. But
third-party payment for patients attenuates this control.
This is extremely insightful and I think it hits the heart of the issue. I don't think it is completely correct, though. Yes, price controls demand to some degree. But health care is an extremely inelastic commodity. That is, it is so essential to one's well-being that as the price goes up, certain individuals' demand for it does not diminish. Especially if the patient's life is threatened.
This is the property of the health care market that created an opportunity for insurance companies to insulate people from the growing cost of health care. Thus, the problem is inherent to the fee-for-service system. That is to say, there is a moral hazard for health care providers that raise prices without considering the rigidity of demand. Notice this has nothing to do with insurance providers because they are merely filling a need because that's what creative people do in a market economy. Also, note that it is not a moral imperative to radically change our system.
Price controls on providers seems to be a remedy that wouldn't interfere with medical decisions directly. This merely amounts to protecting health care consumers. However, pretending that health care is a right (like Teddy Kennedy wanted to do) will just turn people into slaves. Health care is a service provided by a firm and we show our appreciation for the provider of that service by paying them, because they are free to refuse to provide that service, even if we pretend that they are not.
It won't let me post a link to Zeke Emanuel's article, but you can find it in references section of the wikipedia article about him.[/QUOTE]
It's an interesting reference. But I disagree with the bit about slaves. No-one is advocating that doctors, for example, should work for no payment.