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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (613446)5/28/2011 3:53:32 PM
From: combjelly  Read Replies (2) of 1576481
 
"Hundreds of billions in public subsidies not having the effect of driving up total costs in an industry"

There you go again, arguing from authority. How, Tim? Medicare as of 2007 accounted for about 21% of total healthcare spending in this country.

cbo.gov

And it pays at a lower rate than other payers, a constant bone of contention for the industry. So how that does square with your claims?

"There is a good chance that the combination of reducing the total subsidy combined with injecting market forces by having recipients act more like consumers"

Sure, there is a chance, how good of one can be debated. You haven't made a case that it would be a good chance, just more handwaving. Or maybe just hopes.

But there is a certainty that there will be elders who won't get adequate care under the Ryan plan.

"If it doesn't happen, if prices are going to to continue to rapidly go up, then elders won't be able to afford healthcare any way"

That is the key. If prices continue to go up. If that can be addressed, then the problem is solved. For everyone. Market forces don't seem to be able to do that. If anything, they make the problem worse. In the developed world, who all have roughly equivalent care, the problem with runaway costs is far worse in the US which is also the closest to a pure market driven system.

Food for thought.
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