Archive for the ‘Health Care’ Tag

Universal Health Care Isn’t Worth Our Freedom – WSJ.com

Great article from the WSJ:

Our national conversation about curbing the cost of health care is crippled by the vocabulary in which we conduct it. We must stop talking about “health care” as if it were some kind of collective public service, like fire protection, provided equally to everyone who needs it. No government can provide the same high quality body repair services to everyone. Not all doctors are equally good physicians, and not all sick persons are equally good patients.

Universal Health Care Isn’t Worth Our Freedom – WSJ.com.

Sorry about the lack of updates lately. I’ll be back on the horse shortly.

Medicare Bid System Proposal

The Obama plan would have private plans bid to offer coverage in a given geographic area; insurers would then be paid based on an average of the bids. The administration estimates that the result would be that private plans would be paid about the same as the government normally spends per participant.

from the WSJ.

This makes no sense! Under this system health insurance companies will be naturally inclined to bid above normal so as to raise the average for everyone. Another method must be introduced to encourage low bids. For example, perhaps 2/3rds of the funds could be allocated to the companies below the average (giving an incentive to bid low).