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re: Supporters of Obamacare: Are there no free market solutions to Healthcare?
Posted on 1/10/14 at 2:25 pm to Roaad
Posted on 1/10/14 at 2:25 pm to Roaad
quote:
Are there no free market solutions to Healthcare?
Is greater government control the only answer here?
might as well ask a wolf if he wants the farmer to take down the fences that keep in his sheep
there are many alternatives to Obamacare as far as healthcare reform is concerned. here's one of my favorites:
National Review
quote:
The idea that the health arena as a whole simply is not amenable to market economics of any sort is a deeply rooted dogma for some on the left, based especially on the work of Kenneth Arrow in the 1960s and his successors, but we believe it is simply not justified. (We recommend this thoughtful reflection on the question, and on Arrow’s work, from Avik Roy.) Insurance is a financial product, decisions about coverage and care answer to discernible incentives and motives, and health care constitutes an enormous portion of both public and private spending in America. Clearly economic thinking is one of the ways of thinking we have to apply to health care. Pointing out that health care is not like consumer electronics is just too abstract a point to have much to say to our particular proposals. Similarly, the claim that health care is not like other economic goods would not constitute a sound argument for a single-payer health-care system over Obamacare (the latter being at least superficially a more market-friendly arrangement).
Finally, Sullivan builds on the reader’s comment to express his own concern about our proposal: that, compared to Obamacare, “a more bare bones insurance regime which does not have to include the basic needs of most lives, and skimps on preventative care, is a false economy.” We suspect this remark rests on a misunderstanding of our proposal that was also evident in McIntyre’s post about it. We are not proposing a regime of universal catastrophic-only policies, with perhaps some supplementary coverage packages on top of that. (There have been some proposals of that sort by others.) We propose, rather, to build on today’s insurance market, in which most people get tax-preferred coverage through an employer while other people get non-tax-preferred coverage on their own, by allowing those other people to have the same benefit provided through a credit they could use to help them buy insurance.
Posted on 1/10/14 at 2:32 pm to Rohan2Reed
quote:
Pointing out that health care is not like consumer electronics is just too abstract a point
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