Medical Insurance is not Medical Care. Medical Insurance doesn’t cure disease. It takes qualified people to do that.
Obamacare never provided medical care. Obamacare didn’t pay for medical care either. It forced insurance companies to pay and it forced doctors and hospitals to provide medical care.
Government drove up the price of medical care by ordering it to be done or else punishment would be extracted on medical people who refused to accept the government’s amount for medical service.
Some insurance companies went out of business because they could not charge enough to pay for medical care and still make a profit. Some medical practitioners went out of business because the government tried to force them to work at a loss. Government interference with the free markets related to medicine caused health care prices to increase far more than the market would support.
But it’s far too late to make the moral case for a free market in medicine. The medical schools control enrollment to they keep the number of doctors low to keep the prices to provide medical care artificially high.
Regulation instead of a free market is the cause of the high cost of medical care. Obama made that cost even higher by design with the interruption of the free market. The removal of regulations will drop the cost. One answer is to also lure foreign immigrants who are doctors and nurses.
Regulation instead of a free market is the cause of the high cost of medical care. Obama made that cost even higher by design with the interruption of the free market. The removal of regulations will drop the cost. One answer is to also lure foreign immigrants who are doctors and nurses.
Views: 19
