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They tell us market won't work in healthcare

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Uploaded by on Dec 14, 2009

Riiiiiiight. The market has worked everywhere else it has been tried. And government command and control has FAILED miserably every it has been tried, from the Soviet economy to the US energy regulation crisis in the 70s. But nooooo, our elected representatives tell us the market will not create healthcare goods and services that will satisfy us, and that we need them, our wise overlords, to regulate everything and make us happy.




Wake up people.

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Uploader Comments (TheLegalImmigrant05)

  • I'm not sure if you're talking about health care owned by real business men, or National Healthcare. National Healthcare doesn't provide money for anyone except the politicians (no one deserving of America's money). We already have strong running health care business in the states. if you're talking about regular health care, I agree.

  • @FastlaneProductions1 Until yesterday, healthcare in the US was a market, although perversely distorted and burdened by humongous government intervention - regulation, mandates, etc. I was referring to that market.

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  • Simple question, simple answer: Consumer electronics are getting cheaper and better due to huge amount of automation. The work with people is highly dependent on the work of people. That's why theese services have much less potential in productivity. Measuring health care with methods of i.e car building is cruelty against sick people, the weakest members of our society. Go ask a person who is suffering cancer and doesn't get his drugs paid by the insurance due to saving money.

  • Capitalism has created the miracle of healthcare. American scientists and labs earn more Nobel prizes for medicine than ALL OTHER NATIONS COMBINED, so the continued advancement of medicine is essentially and American phenomenon... capitalism at work.

    Capitalism always works better than any other system known. That is the simple and plain record of it. Even the "poor" in capitalist nations have riches unknown to the poor of other systems.

  • what magical market process enables some avg working stiff to be able to pay for the equivalent of a brand spanking new rolls royce? and do it right after he quits his job?

    there obviously is none.

    the market works by saying when u earn $30k/yr u cant buy rolls royces or medical procedures that cost as much. and that is immoral

    the goal of the economy is not market purity, it is production! the market is a tool and not the goal

  • @TheLegalImmigrant05 Its straight forward, Cheap, and efficient. For certain things lol. But The US does have better Dr.s for certain situations and if a Canadian can affor it, go for it. Isn't that what fee market is supposed to look like?

    The wait times are being addressed by opening up more private clinics. But I don't see us in the position of being in the dark ages.

  • @TheLegalImmigrant05 Emergencie room healthcare, and Dr. Lawsuits, and hospital lawsuits, and system abuse drives up cost. However it is the insurance company that ultimately decides if you get care, or how much they will pay for care. Litlle different than house or car insurance where you can shop around and have more control . health can be a little more deceptive at times on what the coverage will be at the time you actually need it. Takes more homework.

  • Stricter regulations need to be in place for fare play. One way to solve this problem is to have a tax of 50% on companies who use this kind of tactic to save money, and then have tax brakes to comanies who don't have all those bull fine print pre existing bull, but actually provide fair affordable coverage across the board. Hospitals need to smartenup as well, and have the same thing done to them, as well as the drug companies, because the too use government grants(your tax)in developing drugs.

  • They are compatible. But unlike buying a car, or house, it is the provider that decides if you get the treatment and not the other way around. And also there is no real compition between hospitals or insurance companies. One way to solve this if every American dropped their insurance company(which wont happen), then you would see prices drop. Best way I can see is to have tax incentives to companies who are fair and offer coverage to the less fortunate

  • Because it is available and they can afford it. 2. Canadian heatlthcare is not exactly in the dark ages as well. 3. The US does have facilities that are world class with the best best specialized doctors in the world, question is can everyone afford them (no). US and Canada's healthcare have to looked at differently. Canadians for the most part are all covered while the US not. However there is just somethings that Canadian healthcare cant afford to do because it is Universal.

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