@bulletstastegreat: Health care is not a single product that you can either afford or not. A quick call to any insurance company will show that there are many options available.
The situation you describe, where the well off can afford health care and the rest die, sounds like the situation we have today. If you can afford insurance *after paying half your income in taxes* then you have a much better chance of getting treated than if you get stuck on one the state's waiting lists.
Private insurers will only work if they are forced to accept all applicants. In the US 'pre existing conditions' deny millions any sort of coverage at all. As people age will not many or most develop a 'pre existing condition?' This means that their wealth will be the only thing keeping them in health.
I commend you on putting forth your views. A problem with private insurance is supply and demand. Health care is not apples. If the price of apples goes up you can buy oranges. If you can't afford health care you die. Savings accounts dont help as all will gladly give everything they own+borrow to not die. Price is set at the meeting of supply and demand. Demand = total assets of individuals. So if you earn more than the average you'll be able to buy health care, if not,you have died.
Brilliant stuff, Dr McGrath. Keep up the good work.
1948Gregoire 6 months ago
@bulletstastegreat: Health care is not a single product that you can either afford or not. A quick call to any insurance company will show that there are many options available.
The situation you describe, where the well off can afford health care and the rest die, sounds like the situation we have today. If you can afford insurance *after paying half your income in taxes* then you have a much better chance of getting treated than if you get stuck on one the state's waiting lists.
libztv 3 years ago
Private insurers will only work if they are forced to accept all applicants. In the US 'pre existing conditions' deny millions any sort of coverage at all. As people age will not many or most develop a 'pre existing condition?' This means that their wealth will be the only thing keeping them in health.
bulletstastegreat 3 years ago
ealth care is not a product
government is independent and we are Shareholders in it
. Taxation, which is NoT the theft of private property,
jhjh2009 3 years ago
Jolly splendid video, Richard...well done!
elijahlineberry 3 years ago
I commend you on putting forth your views. A problem with private insurance is supply and demand. Health care is not apples. If the price of apples goes up you can buy oranges. If you can't afford health care you die. Savings accounts dont help as all will gladly give everything they own+borrow to not die. Price is set at the meeting of supply and demand. Demand = total assets of individuals. So if you earn more than the average you'll be able to buy health care, if not,you have died.
bulletstastegreat 3 years ago