Sunday, July 19, 2009

More On What Drives Up Health Care


  • Ron Paul, in his recent video mentioned interest rates, frivolous law suits, and government intervention drive up health care costs. He also mentioned that health insurance was not intended to pay for things beyond catastrophic events (like paying for subscriptions)

http://www.ronpaul.com/2009-06-15/ron-paul-obamas-healthcare-plan-will-make-things-much-worse/


More Research on The Subject


  • Government forcing free heal care for illegal aliens amounts to aiding and abetting:
    http://www.youtube.com/watch?v=bLJxmJZXgNI NOTE: someone pays for all this free stuff...you.

  • Almost half (48.7 percent) of all uninsured workers are either self-employed or work for firms with fewer than 25 workers. Insurance companies offer better deals for large companies with a large pool of employees, and routinely raise prices for the small business owner. Solution: Create alternative pools for the employees of small firms--including plans offered through churches, unions, and other intermediaries, as well as through the FEHBP--so that these workers and their families can access a wide range of affordable plans. Yet both the tax system and government insurance rules discourage other insurance arrangements for these uninsured working families (Government Intervention) http://www.heritage.org/research/healthcare/bg1769.cfm
  • Government run health care programs like Medicare and Medicaid are so inneficiently run they also drive up the cost for everyone http://article.nationalreview.com/?q=ZDk0YmY2ZTZmMDMzZmUzNTMyNzA3NjkzZWVmOTM0NjY=
  • Third Party coverage explained in the link below. "Our healthcare system is in trouble today because we have consistently ignored market-oriented solutions and instead sought out policies based on public finance and top-down regulation. Historically, each crisis has brought its own government solution, which in time has given rise to new problems necessitating still more government intervention. This all began in 1944, when employers began offering health insurance and other benefits to attract prospective employees because government wage and price controls prevented the payment of higher cash wages. Thus government regulation had the unintended consequence of giving rise to the current system of employer-provided health benefits. In the mid-1960s, President Johnson's "Great Society" gave us Medicare and Medicaid, which insured millions of senior citizens and in the process drove up the cost of medical care due in part to the third-party payment problems discussed above. In response to high prescription drug costs, President George W. Bush gave us an oddly designed Medicare prescription drug coverage benefit (Medicare Part D). Apart from being excessively complicated, the plan is a great example of the misuse of insurance-Medicare Part D should cover catastrophic drug expenses, not mundane drugs such as Viagra.
    Fast forward to today and we are on the cusp of instituting nationalized healthcare despite the fact that the baby boom generation is beginning to retire and both Social Security and Medicare are staring down the barrel of insolvency http://www.american.com/archive/2009/may-2009/what-is-driving-rising-healthcare-costs ;

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