Saturday, March 21, 2009

FactsPlusLogic: Nationalizing Health Care Will Increase Health Costs

Nationalized health care includes any universal system by which the Federal government sets and provides payment for health care. This includes systems that employee health workers directly and those that regulate the delivery of health care to the extent that costs are not determined primarily by market forces. Costs may always be reduced by limiting the amount of health care that is provided, and every nationalized health system established uses some form of rationing to minimize costs. The paradigm for government systems is that is appears cheap, but you can’t get much of it.

Here we are talking about the unit cost of delivered health care. If you manage to receive X amount of care, how much can we expect that to cost under a government system as opposed to a free market system. The reasons why costs will rise are:

FactsPlusLogic: Nationalizing Health Care Will Increase Health Costs

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