[ExI] More on US Health Care Costs

[BillK]

On 5/22/09, Dan wrote:
> Aside from the monopolies, though, the whole system is highly regulated
> and the government pumps money into it.  These two other factors drive
> up prices.  And the solution should be: remove the monopolies, the
> regulations, and the subsidies.*  Instead, it looks like the solution the
> elites want is: increase monopolization, increase regulation, and increase
> the subsidies.
>


My suggestion of two types of opposing market forces was referring to
'ideal' systems that can never exist for long in the real world.
Humans *always* try to game the system for their own benefit. The
present US health system has been 'gamed' for years for the benefit of
big pharma and health insurance companies and the medical profession.
It is now beginning to collapse under the pressure from the uninsured.
Similarly reverting to a regulation free system would be gamed in
different ways. Just ask the billionaire Wall Street financiers.

BillK