Costs and Subsidies

[Kathianne]

I've been arguing for over a decade that most medical services would be better provided for as a 'pay as you use' type of exchange.

Insurance should be on the level of 'major medical' and the choice of deductible should be decided on what one can afford to pay vs. risk one can afford, (besides there will always be payment arrangements).

Why? The costs would come down to make it more affordable which is currently is not:

https://fee.org/articles/why-large-screen-tvs-are-affordable-and-health-care-is-not/?utm_source=zapier&utm_medium=facebook

I would suggest reading the article, but this chart is illustrative of the force of free markets:

https://fee.org/media/17509/prices2-1.png?width=645&height=635

[sundaydriver]

An even better indicator of medical & insurance costs for myself than studying charts or reading articles is the fact that every other new construction and closed buildings being repurposed in my area is for another medical facility. Wouldn't be happening if their wasn't gold in them thar patients & policies.

[Kathianne]

An even better indicator of medical & insurance costs for myself than studying charts or reading articles is the fact that every other new construction and closed buildings being repurposed in my area is for another medical facility. Wouldn't be happening if their wasn't gold in them thar patients & policies.

My point exactly. There's not incentives currently for keeping costs down in medical fields. I think many folks began to realize the inherent problems that happened when medical costs became similar to the costs of government. The simplest example are things like aspirin, bandages, etc., on hospital bills as opposed to the certain knowledge of the costs of such from even the 'more expensive' choice of drug store for the same at thing for family. Many shop around for the better price, not so those who have made their fortune off of the insurance companies or government. Notice that the 'increase in costs' are hidden (or were until the skyrocketing) away in payroll deductions.

[fj1200]

I've been arguing for over a decade that most medical services would be better provided for as a 'pay as you use' type of exchange.

https://fee.org/articles/why-large-screen-tvs-are-affordable-and-health-care-is-not/?utm_source=zapier&utm_medium=facebook


Amen sister.


On the other hand, software, wireless service, toys and and TVs (see: free trade) exist in relatively freer market settings. The price pressure is down.

Thus my massive deregulation position on health care. :)