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Politics : A US National Health Care System?

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To: Katelew who wrote (4029)1/18/2008 9:36:18 PM
From: TimF  Read Replies (2) of 42652
 
But those cost provide benefits.

Marketing (like most activities) includes some actual waste, but it does get information to customers. Also a lesser degree of marketing and presentation of information would be needed even with a government system.

The desire for profit pushes an effort to be more efficient, and also pushes efforts to be more attractive to customers.

Related to having different competing customers, marketing themselves and seeking profit is choice. You have multiple plans, from multiple sources, to choose from. You also distort price signals even more than we already have.

Some plans want mandates and/or subsidies to increase the number of insured people. Well if you go that way you retain choice, but you also retain the overhead (including marketing), and money going towards profit.

Others would replace the health insurance companies with government insurance, but then you lose on choice, and possibly lose on efficiency. (You benefit from greater economy of scale, and lowered marketing expenses, but you lose the positive effects of the drive to profit, and you lose labor flexibility)
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