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Politics : Foreign Affairs Discussion Group
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To: neolib who wrote (215950)2/2/2007 11:17:13 AM
From: KyrosL  Read Replies (1) of 281500
 
>>why you think health care uniquely requires novel economic policies<<

Let me try to answer that question:

Because the current system we have in the US, which is the closest approximation to the free market, has failed miserably both in terms of costs and in terms of outcomes as compared to other countries.

Also, the policies suggested for solving the problem are far from "novel". They are the policies that have been adopted for many decades by ALL other advanced countries and have resulted in health care delivered at much lower cost with much better outcomes, as measured objectively by overall population health statistics.

By the way, you asked sometime ago for some statistics of bureaucratic overhead of Medicare compared to private insurance. Here is an article that compares the two. Private insurance administrative costs are up to 15 times greater than Medicare administrative costs. If you want more articles and studies on this, google "medicare administrative costs".

news-info.wustl.edu
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