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re: Supporters of Obamacare: Are there no free market solutions to Healthcare?

Posted on 1/10/14 at 2:31 pm to
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84885 posts
Posted on 1/10/14 at 2:31 pm to
I don't like Obamacare for a lot of reasons but I will answer your question anyway.

The main reason health care costs are so out of control in this country compared to others is because in other countries there is a clearinghouse of sorts that will collectively bargain for prices on heath care products. People with health problems are in no position to act like consumers the way they would for a car or a tv so consumers are gouged as a result.

If there were a private, yelp type organization that would bring everything together and either collectively bargain for services or make it a lot easier/more practical for people to act as they normally would as consumers then I would be fine with that.
Posted by Taxing Authority
Houston
Member since Feb 2010
57375 posts
Posted on 1/10/14 at 3:31 pm to
quote:

People with health problems are in no position to act like consumers the way they would for a car or a tv so consumers are gouged as a result.
Worse, since they have no intention of ever paying, they have no motivation to negotiate prices, or consider the value of any particular treatment. If a procedure costs $300,000 and extends your life a week, why not? You aren't paying.

As far as price gouging... What do you base they belief on?
Posted by DCRebel
An office somewhere
Member since Aug 2009
17644 posts
Posted on 1/10/14 at 9:53 pm to
quote:

I don't like Obamacare for a lot of reasons but I will answer your question anyway.

The main reason health care costs are so out of control in this country compared to others is because in other countries there is a clearinghouse of sorts that will collectively bargain for prices on heath care products. People with health problems are in no position to act like consumers the way they would for a car or a tv so consumers are gouged as a result.

If there were a private, yelp type organization that would bring everything together and either collectively bargain for services or make it a lot easier/more practical for people to act as they normally would as consumers then I would be fine with that.


Pretty much this.

I don't like Obamacare either, but I also don't think there's a free market solution to high healthcare costs. At least I haven't seen one yet.
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