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Why can't they control cost of health care through regulation?
- Thread starter molkey
- Start date
Because if you regulate prices - business start moving to other fields where there is less regulation and it is easier to make a profit.
The less profit you can make - the less incentitive there is for you to provide the good or service.
Personally, I feel that tort reform would be a really good step in controlling healthcare costs. Another good step would be to forbid any pharmicutical company from charging more than the median price in the US for any drug they sell internationally. (One of the reasons medications cost so much in the US is that other countries do not aloow them to charge the prices necessary to recover their research and development costs - so as a result the American consumer has to foot the bill.)
Another reform should be that any person in this country illegally gets free standard emergency care - and is then immedeatly deported. The remainder of the medical treatment can be handled by his or her own country.
The less profit you can make - the less incentitive there is for you to provide the good or service.
Personally, I feel that tort reform would be a really good step in controlling healthcare costs. Another good step would be to forbid any pharmicutical company from charging more than the median price in the US for any drug they sell internationally. (One of the reasons medications cost so much in the US is that other countries do not aloow them to charge the prices necessary to recover their research and development costs - so as a result the American consumer has to foot the bill.)
Another reform should be that any person in this country illegally gets free standard emergency care - and is then immedeatly deported. The remainder of the medical treatment can be handled by his or her own country.
patchouli4279
New member
Nothing like squeezing a balloon at both ends. Sure you can force the costs down temporarily but as long as you keep inflating the money supply the costs will continue to rise. It is after all 1/6th of our economy so it is heavily effected by inflation.
I guess corruption in our system. Over the past 8 years, Congress knew there was a huge problem with healthcare, and their only answer was "regulation." Obviously, it didn't work, likely because the people supposed to be regulating were too concerned about protecting HMO's and the perks said politicians got from them. The HMO's play the game well, they make sure the people who protect their interests benefit greatly. The regulation either doesn't happen or isn't enforced. Unworkable.
Because the pharmaceutical and insurance companies and anyone who is making a fortune with the current health care system is spending hundreds of millions of dollars on lobbyists, advertising, consultants, and the talking haircuts on the teevee to convince you that any and all regulation is evil socialism. That the so-called "best health care system in the world" is perfect exactly the way it is. And it is, for them. They're printing money by collecting premiums, then dumping their own customers the instant they have to pay out too much in claims.
And the average trailer park genius is falling for it hook, line, and sinker...
And the average trailer park genius is falling for it hook, line, and sinker...