ObamaCare’s
argument is that government health insurance will be cheaper than
private health insurance. That’s not true, and defies past experience
wherever practiced, overseas or in Massachusetts.
Take a look at Medicare and Medicaid if you want to see costs rising
far beyond health expense estimates. The many reasons are conveniently
overlooked when it’s politically necessary to do so.
Private insurance does a far, better job of preventing fraud than do government programs.
Private administration is more efficient. When government attempts to
cut its overhead costs, it does so by paying questionable bills.
Efficiency is a lesser option.
Private insurers also create effective doctor and medical networks that
government has heretofore not done, to avoid errors.
Government reduces operating costs by delaying or simply not paying for
certain coverage. Rationing may be done by age or what a consulting
board says should be treatment standards. We know it causes a loss of
lives; compare American statistics with those of countries with
socialized medicine, such as the UK and Canada.
The facts are there. The willingness to learn them isn’t. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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