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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (2575)	10/31/2007 3:35:00 PM
From: Peter Dierks	Read Replies (1) \| Respond to of 42652

Thanks. Government intervention in markets always increases costs. If they require more reporting then the company hires more clerks. If the government wants proof that the entity performs on certain metrics, both government and the entity hire more clerks. If government instructs the entity how to conduct their business then both government and the entity add more clerks, managers and auditors. Where I always fail to grasp the arguments for socializing medicine is how increasing costs is supposed to save money. It sounds to me like what you really want is to free insurance companies from the shackles of state regulators defining standards for an acceptable policy. If the insurance company could design a plan that provided exactly what you want and nothing do do not require then the costs are likely to be reduced. If as a byproduct of providing you something you want (affordable insurance) the company benefitted with increased profits, would that offend you? "So far the private sector hasn't done the job in my view... " You appear to be a very reasonable person. I will assume that you understand that the failure in the California energy market was due to government tinkering by capping costs to consumers without capping the costs that utility companies paid. Likewise, I must ask if it is the private sector that has failed or if government tinkering is causing the failure. The only way to know is to eliminate the regulations that are causing distortions in highly regulated markets.