Government Run Health Care

5
544

UPDATE: Another Op-Ed, this one by the usually reliably liberal Joan Vennochi in today’s Boston Globe.

Note that this legislation was passed while Mitt Romney was Governor. The Massachusetts law was touted as a national model, and yet it has added a lot to the state’s budgetary problems.

Washington can’t be as adventurous. Costing out a national healthcare plan, and figuring out how to fund it, is the current fault line for Obama. The president insists he can overhaul the healthcare system without adding to the deficit.

He should take this final lesson out of Massachusetts: Be honest about cost in the good times and make sure you can cover it in the bad.

To put it bluntly, the President is lying like a rug.

There is an excellent Op-Ed in the Wall Street Journal today entitled, The Dangers of Fannie Mae Health Care .

In it the author comments on why the short term advantages of government run health care will be outweighed by the long term problems it will cause.

Turning to public plans like Medicare and Medicaid for more efficient administration is a fool’s errand.

That is the key point of the article, the rest is supporting evidence.

The U.S. is unique because it alone is the source of half of world-wide profits that provide the payoff for the complex, lengthy, and expensive process of developing new treatments. When other nations construct their health-care systems, they ignore the impact of their pricing policies on R&D incentives. As the dominant R&D funding wellhead, we do not have that option.

So, Europe and most of the rest of the world can under invest or even non invest in medical technology secure in the knowledge that the US will bear the R&D costs while they reap the benefit at much lower cost.

Where have I heard something similar before? Oh wait, I know. Much of Europe under funds their military, secure in the knowledge that the US will pick up their defense costs by making sure we have a strong military.

Ironic that they use the money they save underfunding their military to try to fund the health care. Which is still underfunded because it’s “free”.

Anyway, read the entire article, it’s very thought provoking.

Above all else, always remember, TANSTAASFL!

Or as the bumper sticker says, “If you think health care is expensive now, wait until it’s free”.

Previous articleAddition To The Blog Roll
Next articleGood Riddance
After a long career as a field EMS provider, I'm now doing all that back office stuff I used to laugh at. Life is full of ironies, isn't it? I still live in the Northeast corner of the United States, although I hope to change that to another part of the country more in tune with my values and beliefs. I still write about EMS, but I'm adding more and more non EMS subject matter. Thanks for visiting.

5 COMMENTS

  1. TOTW, I think that I'm going to steal that link to write my own post. I hate to do it, but this is an issue that I have strong opinions on, and that all people should. We're past the point of creating a USA that we don't recognize, now we're in a fight for our lives.I don't get into national politics very often on my blog, but EMS politics are indeed fair game. That's where I'll take it.Good post.

  2. European countries and Canada have been rationing healthcare, creating or allowing long lines for services as disincentive, and have tax rates of up to 50% to fund it all. Even at this, countries like the UK and Canada have conceded that their system is inadequate and have allowed privately-paid insurers to open for business. So what do we do? Look to adopt the worst of their systems.The Kaiser Foundation says that 173 million Americans had private health insurance last year (through work or privately purchased), and as a nation we spent $1.4 trillion on healthcare in 2001. Now BHO wants to spend $1.6 trillion (CBO estimate) on covering on some…*SOME*…around 30 million, of the currently estimated 45 million uninsured.Do the math. My calculator says that we'd be spending over $53,000 PER PERSON for insurance for those 30 million people! According to Workforce Management, it currently costs a family of 4 earning $50,000 about $4000 in yearly health insurance premiums.Egads. What have we wrought?-LT

  3. The amusing thing to me has always been this: The people who support government health care do so from the safe embrace of their private health insurance.I grew up dirt poor & uninsured and so had to rely upon the government for my health care. What little I got. (Much as TX is dinged for having so many uninsured, it's not as if we've no recourse. The state has ALWAYS provided for the uninsured.) It sucked. I had a brief period of private healthcare as a teenager, then shortly after losing it as an adult, married a sailor and it was back to the grind of government-sponsored healthcare. Tricare isn't what civilians assume it to be. It's a big ol' pile of dung. That's not touching the VA system.The federal government can't even manage its current healthcare. We want to give them more?

  4. There on private health care plan that we, the taxpayers, foot the bill for. Apparently being a member of Congress has big benefits. Not to mention President Feckless, who no doubt has never had to pay for his own insurance. Same thing with public schools, by the way. All of the politicians are in favor of public schools, but almost all of them send their kids to private schools. Better security, you know.

Comments are closed.