Who pays for it?
The fundamental problem here is an economic one. Third-party payment (insurance or gov’t single-payer) strongly encourages increased demand for services. Turning the system into single-payer does not solve the fundamental problem unless you set limits on payment (yes, that’s called rationing).
And the system that we used to have was by largely Laissez-faire capitalism.
Baloney. The insurance industry has long been heavily regulated at the state level.
That had fundamental problems too.
Yeah, I think I’ve already mentioned that. It’s the third-party payment problem.
Millions and millions of people were uninsured because they couldn’t meet the demand for payment.
And part of the reason they couldn’t meet the demand for payment was because state regulators demanded a minimum coverage menu, which increased costs to the consumer.
Yes, that’s called rationing!!!
At least under this system everyone get’s insurance. We’ll see what if any rationing takes place.
You’re talking single-payer? Look to Canada and the U.K. Examples abound.
Under the old system, rationing did take place. Millions and millions of people didn’t get insurance period. That’s rationing out the supply
so that only those who can afford insurance get insurance.
I believe I already covered this. It’s called “price rationing” and its a misuse of the word “rationing” to apply it in this case without the modifier “price.”
Is this going to be a segue into “Death Panels” for you Bryan?
It’s exactly what Sarah Palin was talking about when she made her “death panel” statement on Facebook. She specifically referenced the economic analysis of Thomas Sowell in the immediate context. She was not saying the PPACA established any particular body to make individual treatment decisions for anyone. She was saying that government control inevitably placed the government in the position of effectively making those decisions and that the consequences would fall chiefly on society’s most vulnerable (children and the elderly). With great honesty and integrity, liberals and the press misrepresented Palin’s point.
I’d love to hear you bloviate about Death Panels. That would be entertaining!
You’ll have nothing to rely on in response apart from ridicule. You might was well not reply at all if you can’t respond without using fallacious argumentation.
I’ll be the one entertained.
(oops, responded to VYAZMA by accident; no wonder it wasn’t up to mckenzie’s standard)