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Source link: http://archive.mises.org/10756/understanding-the-costs-of-healthcare/

Understanding the Costs of Healthcare

October 2, 2009 by

Will increased government involvement in the healthcare industry cause more or less corporate lobbying? Both mandated-private and single-payer, nonprofit insurance proposals will likely increase wasteful lobbying. FULL ARTICLE

{ 9 comments }

Christopher October 2, 2009 at 12:02 pm

I’ve always felt the “free loader” is a problem that never seems to be addressed under any policy floating around DC.

Steve Hogan October 2, 2009 at 2:15 pm

Too often neglected in the health care debate is the moral element. A government run, single-payer system necessarily involves the initiation of violence or a threat of violence against individuals. Producers and consumers will both be compelled to act in ways they otherwise wouldn’t. How can anyone see this as a morally acceptable means of delivering health services?

Stripped of all the flowery rhetoric about how this will “help” people, central planning is pure evil, and those that think they should be doing the planning are dangerous fools.

As for the economic argument, are there single-payer advocates out there that can cite a single example of a large government bureaucracy that managed to control costs without resorting to severe rationing? The fact that the planners are exempting themselves from this wonderful system they intend to impose on us rubes is all the information I need to know.

G8R HED October 3, 2009 at 8:52 am

@Christopher

“I’ve always felt the “free loader” is a problem that never seems to be addressed under any policy floating around DC.”

—————————————-

Please stop with the excessive redundancy.
Yer killin’ me here…. ;)

N October 3, 2009 at 11:30 pm

Mandatory health insurance? Over my dead body.
http://www.jesus-on-taxes.com/MANDATORY_INSURANCE–OVER_M.html

Mike C. October 4, 2009 at 7:22 am

“A truly competitive health industry of this kind would best serve American consumers. Unfortunately, we are as far from approaching this situation as President Obama is from comprehending its merits.”

It would require a moral society smarter than a fifth grader to comprehend the merits of such a system, unfortunately, most individuals do not meet these standards today much less the average politician.

luisdiego22002 October 4, 2009 at 1:30 pm

To be sure, moral hazzards and free riders are negative effects of mandatory goverment regulated health insurance. But, there are other problems lurking in the dark. If you eliminate (or, regulate more…same difference) incentives to be creative, trial and error and competition (in an Austrian sense) what would happen to scientific and technological innovation…the trademark of US Health Industry?

LionHeart October 4, 2009 at 1:58 pm

“…are there single-payer advocates out there that can cite a single example of a large government bureaucracy that managed to control costs without resorting to severe rationing?”

Public schools.

Aaron October 4, 2009 at 2:06 pm

Add this article to

“A Free-Market Guide to Fixing Healthcare”
http://mises.org/daily/3737

Daniel October 12, 2009 at 3:22 am

LionHeart,

rationing quality of service is still rationing

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