Sunday, September 6, 2009

Costs of Health Care

This is another of many health insurance ideas on which I have some comments.

The Obama administration seems intent to make the United States more like the rest of the world when it comes to government-enhanced health care.

Presently, Germany leads the pack in universal care. As of 2008, 52% of employee costs went to their government for social services and health care. France was right behind at about 49% and Italy at almost 47%.

That tells only part of the story. Health care operated in a competitive market can be a growth industry, and highly productive. Not so, when operated by government, as in Europe,

The rest of the story involves rationing of services that keep costs within the described levels. And the number of doctors supplied for that demand.

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