All hail the free market
The Indianapolis Star has the following poll on its front page.
Which is better at controlling health care costs?
Government regulation 32 %
Free marketplace 68%
Perhaps the learned readers of the Star do not realize that we have the most "free-market" healthcare system in the developed world and the most expensive. We also pay more our GDP (16%) to healthcare than any other nation. Germany is a distant second at 10.6%.
Masson cites another article in the Star which mentions that (free market) healthcare premiums will rise 10-15 %. It makes no sense why anyone would think our current system is the best way to curtail cost. I can only guess that the we as Americans are trained at birth to believe that the free market is always the best way.
Which is better at controlling health care costs?
Government regulation 32 %
Free marketplace 68%
Perhaps the learned readers of the Star do not realize that we have the most "free-market" healthcare system in the developed world and the most expensive. We also pay more our GDP (16%) to healthcare than any other nation. Germany is a distant second at 10.6%.
Masson cites another article in the Star which mentions that (free market) healthcare premiums will rise 10-15 %. It makes no sense why anyone would think our current system is the best way to curtail cost. I can only guess that the we as Americans are trained at birth to believe that the free market is always the best way.
posted by torporindy at 7/25/2007
5 Comments:
brainwashed!
Thanks, but no thanks...
We are the only country ythat refers to health care as "benefits".
Um, how is Medicare/Medicaid part of the "free market?"
It's sad you have no clue about healthcare or the free market. We have a system created by the gov't where 6 out of 7 dollars spent on healthcare are paid by a third party. Singapore actually has the closest example of a free market healthcare. They spend about 4% of gdp on healthcare for a system that is statistically far superior then any other system.
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