ladajo wrote:I agree that Medicare and Medicaid are disrupting the natural free market for medical care. And even more so fundamental an issue is that with the advent of medical insurance, there is no such thing as a medical free market. Medicare and Medicaid are but manifestations of insurance disruption in a market.
Insurance is another falsity foisted on the masses to allow making money off them.
Insurance is inherantly gambling, and in gambling, the house always wins.
If you took away insurance, folks would live a lot smarter and not beyond their means. They would pay way more attention to risk management, instead of having an underlying sub-consocious "safety net" that wispers to them, all is good, someone else is going to pay for their mistakes.
Did you ever stop to think about how the cost dynamic would change for the medical industry without insurance? It would get real cheap real fast.
Some may try to argue that it would limit innovation and access. I say not true. It is a market, that is skewed to support a few both in earnings and access. It is not universal, nor will it be as long as it is externally burdened by the insured and liabilities for practitioners.
Your introduction of the war on drugs into this discussion is non-sequitur. Illicit drugs are not related to national fiscal policies nor the fleecing of the masses.
The points we are discussing focus to the concept of dynamics in chaotic cyclic systems. The more complex the system, the more likely it will resonate and cause (in effect) fats and thins in the loop of piping. Where sections accumulate disproportionate concentrations of stuff at the expense of all other sections. The problem we have in the national economy is that these fat concentrations are demanding more than the system has to offer. Think of it like your circulatory system. If to much blood goes elsewhere, pressure drops and you go into shock and die because your brain doesn't get enough. The brain in our discussion is the contributing members of the public mass. Pressure is falling fast. The economy is in shock. And more demands and artificial constraints and restraints are preventing it from self regulating back to safety.
So in short, yes, we need to reconsider all of it. You are right. Except the drugs lunacy, which does not belong in this conversation.
Amen! Preach it brother!
Insurance and Medicare/Medicaid have badly distorted the market. Medical Insurance itself is a response to government attempts at price and wage controls.
