How to Fix Healthcare using Capitalism

Less insurance means lower costs.
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[StyngRay1]

It was only the bankers who came to the govt with begging bowls to bail them out of their bad bets they made for the last 10 years since the last bubble blew up in their faces! The bankers are socialists! I would not bail them out personally. Greenspan with his low interest rates, Bernake, and all the rest were there for this decade under the great King Georgeum Bushum the IInd. And what did he do? Yep gave the socialist bankers a trillion dollars of liquidity! So much for capitalism! S

[StyngRay1]

The fed is not a govt agency. It is a collection of bankers that have been given certain powers by the fed. govt. which the bankers asked for and bribed the congress to do back in the early 20th century. Our current state of affairs with that regard is despite a capitalistic model!!! S

[StyngRay1]

Please dont conflate monetary policy of the fed with health care. Debasement of the currency? Is that a normal part of your lexicon and of previous concern or something of topical concern? Debasement of currency has happened since Nixon (a republican) went off the gold standard!!! S

[StyngRay1]

The market does not operate optimally in every niche (eg the military-industrial complex and thus the 200 dollar hammer, cable monopolies etc). The health care insurance companies do not provide any service in the health care system. Their profits do not come from making a better product e.g. a better car etc. Their profits come from denial of service, overcharging for service etc., and not covering even dental service. S

[StyngRay1]

Back in the 60s the govt model in other countries cost less than 1 cent a visit!!!! Equating medicine that was practiced in the 60s to the medicine of today is laughable at best. Govt does well in controlling cost for medicare and for veterans in the VA system!!!! Never heard about old folks that want to ditch medicare! S

[dave777blaster]

universal health care is the only way

Capitalism is over in America all the losses are on the public ledger and all the gains on the private ledger

[dcm05002]

There are no government solutions that will control cost. Sure you'll get cheap health insurance which will in turn be taxed and inflated away from your wages by the debasement of the currency. Remember, the true cost of government isn't what it taxes, but what it spends. The fed will destroy your savings through inflation if it can't balance its budget which it wont under a socialized model. The only system that has EVER increased quality while reducing cost for any product is the market.

[dcm05002]

That's what a catastrophic policy was used for in the old days before managed care and HMO's. Back in the 60's you could get a policy with a 1000 dollar deductable (a lot of money back then) that would cover up to 500,000 in medical expenses if you got really sick from an accident or disease. And guess how much they cost? 30 dollars A YEAR. If we moved back to this model you'd have a HSA for routine SERVICE expenses at your PCP like physicals and prescription drugs. And a cheap cat. policy.

[StyngRay1]

Its well known that surgeons are really not considered the smartest people in science nor medicine. An elective ancillary procedure is not subject to the same market forces as for example an open heart surgery. Nobody has a 100K lying around in their medical savings accounts to shell out to the hospital and not to mention the thousands of dollars worth of drugs involved in maintenance later on. S

[StyngRay1]

Private insurance have had their chance for a 100 years. Heath care regulation as it exists today is at the behest of private companies fostering monopolistic niches by bribing state officials in order to keep their profits high. There is no service that a private insurance company offers a person other than profits for its shareholders and denial of service to the individual. S