A SENSIBLE SOLUTION TO THE HEALTH CARE MESS
from 
JoeUser Forums
JoeUser Forums
The mess in U.S. health care demonstrates the liberal Democrats failure. To cure the problem requires not different or more government regulations and bureaucracies, as liberal politicians want us to believe, but the elimination of all existing government controls. Tax credits, vouchers and privatization will go a long way toward decentralizing the system and removing unnecessary burdens from business.
Get rid of all licensing requirements for medical doctors, medical schools, pharmacies and other health care workers. Their supply would almost instantly increase, prices would fall, and a greater variety of health care services would appear on the market. Voluntary accreditation agencies would take the place of compulsory government licensing. Consumers would no longer be duped into believing that there is such a thing as a national standard of health care. Thus they would increase their search costs and make more discriminating health care choices.
Get rid of the Food and Drug Administration, which presently hinders innovation and increases costs. Costs and prices would fall, and a wider variety of better products would reach the market sooner. Competing drug and device manufacturers and sellers would provide increasingly better products and guarantees.
Eliminate all subsidies to the sick or unhealthy. Subsidies create more of whatever is being subsidized. Subsidies for the ill and diseased breed illness and disease and promote carelessness and dependency. If we eliminate them, we would strengthen the will to live healthy lives and to work for a living. In the first instance, that means abolishing Medicare and Medicaid.
The health insurance industry must be deregulated. Private enterprise can offer insurance against events over whose outcome the insured possesses no control. One cannot insure oneself against suicide or bankruptcy, for example, because it is in one's own hands to bring these events about. The insurance industry's prices are high and ballooning. To deregulate the industry means to restore it to unrestricted freedom of excluding any risk, and to discriminate among any groups of individuals. Uninsurable risks would lose coverage, the variety of insurance policies for the remaining coverage would increase, and price differentials would reflect genuine insurance risks. On average, prices would drastically fall. And the reform would restore individual responsibility in health care.
Although drastic, doing what I have stated will restore a fully free market in medical provision. Until they are adopted, the industry will have serious problems, and so will we, its consumers.
Get rid of all licensing requirements for medical doctors, medical schools, pharmacies and other health care workers. Their supply would almost instantly increase, prices would fall, and a greater variety of health care services would appear on the market. Voluntary accreditation agencies would take the place of compulsory government licensing. Consumers would no longer be duped into believing that there is such a thing as a national standard of health care. Thus they would increase their search costs and make more discriminating health care choices.
Get rid of the Food and Drug Administration, which presently hinders innovation and increases costs. Costs and prices would fall, and a wider variety of better products would reach the market sooner. Competing drug and device manufacturers and sellers would provide increasingly better products and guarantees.
Eliminate all subsidies to the sick or unhealthy. Subsidies create more of whatever is being subsidized. Subsidies for the ill and diseased breed illness and disease and promote carelessness and dependency. If we eliminate them, we would strengthen the will to live healthy lives and to work for a living. In the first instance, that means abolishing Medicare and Medicaid.
The health insurance industry must be deregulated. Private enterprise can offer insurance against events over whose outcome the insured possesses no control. One cannot insure oneself against suicide or bankruptcy, for example, because it is in one's own hands to bring these events about. The insurance industry's prices are high and ballooning. To deregulate the industry means to restore it to unrestricted freedom of excluding any risk, and to discriminate among any groups of individuals. Uninsurable risks would lose coverage, the variety of insurance policies for the remaining coverage would increase, and price differentials would reflect genuine insurance risks. On average, prices would drastically fall. And the reform would restore individual responsibility in health care.
Although drastic, doing what I have stated will restore a fully free market in medical provision. Until they are adopted, the industry will have serious problems, and so will we, its consumers.
!!