Quote:
Originally Posted by tankdriver
First of all, government control is constraining free trade, which I agree it should. Second, the laws and regulations against the kind of behavior Wall Strs. engaged in were gone, so they were free to act in the market in the manner they did.
What free market mechanisms that bring down cost and increase quality are being stopped by Medicare/Medicaid?
Regarding going to the emergency room for colds, it is those without insurance who do that. Those without insurance must be treated by the ER, but local doctors can turn them away. Those who have insurance make doctor's appointments rather than wait 11 hrs in the ER.
|
Exactly right. He wants less regulation and more freedom in the market, and then he complains the govt didn't do enough to stop bad practices. Talk about being conflicted.
And on the ER thing, that's another big problem with our system. Uninsured people are denied basic preventive care, their condition deteriorates, and then they show up at an ER which has to treat them and it costs all of us more money. Or they just go to the ER with the sniffles because they don't have access to basic care, and again it costs us more money than if they had access to basic care.