nordstrom said:
You can't opt out totally. No developed country lets you opt out totally. That is one of the 'drawbacks' of living in a wealthy, developed country. All of them have socialized healthcare in one form or another.
So there really is no opt out 'choice'. I knew that. There can never be an opt out choice. Every socialized program needs to screw rich people in order to survive.
Actually costs in the US are due to a multitude of factors, most of which are cureable with government intervention (hear me out)
I am all ears.
Administration. Administration takes up 25% of private healthcare funds, about $400 billion. But with medicare it takes up 3%. In places like Canada i think its around 14%. Government intervention cuts down administration costs drastically. Medicare is a great example of this. If medicare made up our 1.5 trillion a year spending on healthcare then 45 billion would be spent on administration instead of the 400 billion we currently spend.
WOuld you like to tell me what will happen to the costs of administration once all of these federal employees on the administration side get unionized and get into the federal pension system? You ever been to a Social Security office? How about a DMV? Imagine that level of service in health care.
Now, specific points:
Administration is cheaper for Medicare because all of the administration is done by the private health care providers. There are jobs like "medicare billing/coding" which are done privately. These costs are not included in the 3% figure because the private sector eats the cost; doctors and prioviders pay their salaries. Once you socialize, all those people will be taxpayer funded, with retirement benefits too, and of course, the un-fire-ability of a federal job. Ever heard the expression "Federal Fridays?.
When you say administration in the private sector is 25%, all of these billers, etc are included. The 3% in Medicare is a misnomer, because those same costs are ignored since the private sector bears them.
If you are on Medicare or private coverage, your claim is processed the same way: a person fills out a form and bills the government. Whether they bill government or an insurance company, the process and costs are the same.
Do you think all those admin costs just vanish?
No price negotiation on drugs. I know you're against this but government intervention would save people money by doing this.
If this happens, drugs will get really cheap, because pharma companies will go out of business. WOn't that be nice?
Unnecessary treatments for the rich and poor treatments for the poor. The rich end up spending alot more money than they need on unnecessary treatments. They may end up buying the 'newest, bestest' heart medication that costs $3000 a year and studies show works no better than aspirin, which costs about $1 a year. The poor on the other hand put off medical care until their problems are major and cost 20x as much to treat. Government intervention would treat both of these things. If you are rich and still want the 3k pills, go ahead. But you'd have to pay for them yourself if the $1 aspirin works just as well.
Rich people already pay for their exclusive treatments. If I go to the Mayo clinic, they are outside my insurance plan, I have to pay. No change under your system.
The poor put stuff off and then they screw everyone else. Why do they deserve free healthcare? We don't give them a free car? Healthcare is a commodity, right?
SO when you combine all 3 of these things its easy to understand why in the US we pay 15% of GDP while places like Japan or the UK pay 7-8% of GDP on healthcare. Even though people visit the doctor more in Japan.
Get the government out and the market fixes prices. You still haven't addressed the relationshio between third party payors and prices.
Voluntary association of free individuals is great if you are in the top 5% of wage earners and 28 years old with no real medical problems. But your arguments are as self serving as the 70 year old diabetic, retired factory worker who is on medicare.
Top 5%? I'd kill myself.
You are right. My arguments are self-serving. I don;t want to pay for other people to do stuff. I don't want to bear the costs of other people. I'll pay for things we need that cannot be commoditized (military, etc.) but I don't want to pay for people's retirement, sickness, and other crap.
Do you? And if you do, then you are allowed to do so. Why are you allowed to compel me? And where do you get the sick notion that I should act in an other than self-serving manner? Whose life is this?
Go into detail about voluntary association of free individuals? You mean treating healthcare like a commodity, just like paper plates you mean? Buy as much or as few as you can afford if that is what you want?
Bingo. Buy that man a Miller. Or a root canal!
my point is 'true' voluntary association will end up raising administration costs to 30%, the poor will die in droves and/or end up spending tons at the last minute while the rich will blow through money on stuff they don't need. A very inefficient system and 90% of the public will not stand for it.
Wrongo bongo. Admin costs will not change. Hopefully your lack of understanding of them has though.
True voluntary association will stop us from throwing $1T a year at Grandma. Grandma who cannot afford care, will die. Cheap! Grandma who can, will not.
Prices will drop as the bottomless third party payor (the fed) is out of the picture, and R&D will continue because market competition will be fierce for the people who can afford treatment.
Since the costs will have dropped, more people will be able to afford treatment.
Your "scenario" is a worst of all worlds without consideration for underlying economic principles or the real costs of healthcare.