Healthcare costs and the free market

Discussion in 'Health Care' started by ARDY, May 6, 2017.

  1. HonestJoe

    HonestJoe Well-Known Member Past Donor

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    Well given I’m not a “socialist fascist industry” and I’m not saying the government must apply regulation, we can toss that strawman straight out. :)

    Now maybe we can address my actual point; How do you actually expect capitalism to be applied to the healthcare industry because simply saying “You’re a free market, go for it!” isn’t sufficient. You need to explain exactly how you’d expect it to work and how you think the inevitable complications and issues could be addressed. I’m trying to hack through the rhetoric and get to some actual facts here.
     
  2. james M

    james M Banned

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    Capitalism is laughable when Chyna just switch to it and instead of 60 million slowly starving to death everyone is getting rich You show the state of modern liberalism
     
  3. james M

    james M Banned

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    Very simple very very simple the government would give everyone a voucher for $10,000 convertible to cash if not spend at year end and they would require published prices in a comparable way. That would cut prices by about 80% based on what we know about other capitalist socialist comparisons
     
  4. Vegas giants

    Vegas giants Banned

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    Thankfully no one on earth does this wacky theory
     
  5. james M

    james M Banned

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    Of course you are not able to say why it is wacky you are merely calling names like a small child
     
  6. Vegas giants

    Vegas giants Banned

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    I did very clearly. No nation on earth is even willing to experiment with it. We do have nations that are almost completely free market. Want to know what they are like? LOL
     
  7. james M

    james M Banned

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    So what no nation was willing to experiment with capitalism until 200 years ago doesn't have anything to do with whether it was a brilliant system that saved millions and millions of lives
     
  8. james M

    james M Banned

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    No dear Somalia isn't a free-market because a free-market requires a strict rule of law
     
  9. Vegas giants

    Vegas giants Banned

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    Then have someone else try it first on a small scale and we can see how it works. To experiment with the most successful nation on earth with a COMPLETELY untested theory is simply madness.
     
  10. HonestJoe

    HonestJoe Well-Known Member Past Donor

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    That would carry a cost of over $3 trillion a year just in the raw payments, ignoring the costs of managing such a system. It raises questions around things like emergency care, long term care for people whose health costs are much, much higher than $10,000, either in one year or ongoing and what happens to patients in the middle of treatment whose $10,000 runs out. I also don’t see how a sudden influx of “free” cash in to the system would support the lowering of prices and it suggests individuals would have to do all the leg work of finding medical services, assessing their quality, making all the arrangements and managing the payments themselves, something a lot of people would struggle to do effectively, especially if they’re ill or injured at the time.

    Anyway, none of this really covers “capitalist free markets” as such. The idea of a free voucher from the government would be considered quite socialist by those who care.
     
  11. Vegas giants

    Vegas giants Banned

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    Where does it say that free market requires strict rule of law?
     
  12. james M

    james M Banned

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    Capitalism is a wacky theory when it just illuminated 40% of all the poverty on earth as Chyna switch to it?
     
    Last edited: May 24, 2017
  13. james M

    james M Banned

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    why not read yet I'm Smith wealth of Nations and learn what the characteristics are of a free market?
     
  14. james M

    james M Banned

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    $10,000 per year per person is what we pay now so in the beginning cost would be identical as years went by competition was reduced cost 80% enough to pay off the national debt In six years
     
  15. james M

    james M Banned

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    $10,000 was the average cost per person today. When government sends out vouchers they would send our more to old peopleand far less to young people so that almost everyone would be able to pay for their healthcare
     
  16. james M

    james M Banned

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    It would not be a sudden influx of cash it would be exactly the same amount of cash that is flowing into the system now I $10,000 per person per year
     
  17. james M

    james M Banned

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    Yes a $10,000 voucher from the government would be somewhat socialist but you asked how we get started and that would be the way as prices came down 80% government would reduce The amount of the voucher 80% until most people could begin paying for their own health care
     
  18. Vegas giants

    Vegas giants Banned

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    Do you know how China is spelled?
     
  19. Longshot

    Longshot Well-Known Member

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    If you're not the customer, why do you get the bill?
     
  20. Margot2

    Margot2 Banned

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    LOL.. Now you get why its NOT freemarket... Its not like other business models.. Not like walking into a barber shop or restaurant.
     
  21. Longshot

    Longshot Well-Known Member

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    It's exactly like other business models. You are the customer, you receive healthcare from the hospital, and you are responsible for paying for that healthcare. What's the difference?
     
  22. Margot2

    Margot2 Banned

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    Because you don't order up blood tests, xrays, cat scans, MRIs and procedures from a menu.
     
  23. Longshot

    Longshot Well-Known Member

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    It would seem that a market implies that people are exchanging property, which would imply that there would need to be laws protecting property rights.
     
  24. Vegas giants

    Vegas giants Banned

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    Laws that are enforced at the point of a gun???? How brutal!!! LOL
     
  25. Longshot

    Longshot Well-Known Member

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    When I take my car to the shop, I don't purchase the parts or order the various work steps to be done. When I hire a general contractor, I don't then arrange for the plumber and electrician off a menu.
     

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