tag:blogger.com,1999:blog-8802151469756057939.post1557221427196769651..comments2023-10-08T00:26:18.520-07:00Comments on Black Ribbon Project: The Real Reason Medical Costs Are RisingHaynesBEhttp://www.blogger.com/profile/11263223513305886233noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-8802151469756057939.post-55561023352994411942020-02-20T19:50:38.287-08:002020-02-20T19:50:38.287-08:00Much thanks to you for giving such significant dat...Much thanks to you for giving such significant data, and a debt of gratitude is for sharing this Business Promotion system.<br />Dose Pharmacyhttps://www.blogger.com/profile/04831921085949883578noreply@blogger.comtag:blogger.com,1999:blog-8802151469756057939.post-71225251854075996462010-11-11T09:08:36.180-08:002010-11-11T09:08:36.180-08:00Robert--
A HUGE acceleration took place after the ...Robert--<br />A HUGE acceleration took place after the passage of Medicare. That's because Medicare combines the perverse incentives of third party payment along with a blank check from the government. That's a double whammy for spending increases. <br /> If I had to get rid of only one of those (Medicare/Medicaid or private 3rdPP insurance), I would end the government's role as a payor--but it would be wrong to ignore the contribution private 3rdPPs have as well. <br /><br />The government also contributes to the problem by encouraging people to choose private 3rdPP over other types of insurance through preferential tax laws and insurance regulations. If the playing field were truly level, we would see health insurance evolve more along the lines of auto, life, and homeowner insurance, and expenditures for routine medical care would decrease.<br /><br />Thanks for your comment. It's important to point that fact out.HaynesBEhttps://www.blogger.com/profile/11263223513305886233noreply@blogger.comtag:blogger.com,1999:blog-8802151469756057939.post-62365615414988810882010-11-11T08:52:43.056-08:002010-11-11T08:52:43.056-08:00When Medicare and Medicaid were started that was w...When Medicare and Medicaid were started that was when healthcare cost started to rise. When bureaucrats set the rate of reimbursement for geriatric doctors, you'll have problems. The government is a very inefficient middleman at best.<br /><br />I got some art to go along with this comment...<br />http://birchtreesustainablestudios.blogspot.com/2010/06/road-to-serfdom.htmlRobert Birchhttps://www.blogger.com/profile/09193688394306632704noreply@blogger.comtag:blogger.com,1999:blog-8802151469756057939.post-18857307551877814482010-10-01T10:37:52.802-07:002010-10-01T10:37:52.802-07:00Thank you. I'll check those out.
This is the ...Thank you. I'll check those out.<br /><br />This is the series I've been referring to most frequently:<br />http://blog.aynrandcenter.org/government-health-care-in-america-part-1/Shane Atwellhttps://www.blogger.com/profile/12268148003641995554noreply@blogger.comtag:blogger.com,1999:blog-8802151469756057939.post-53879707505136216342010-10-01T10:22:27.588-07:002010-10-01T10:22:27.588-07:00Shane--
I don't know of a short article that ...Shane--<br /><br />I don't know of a short article that explains it well. I will see what I can do to construct one.<br />In the meantime, you can check out this article published by Cato, <a href="http://www.cato.org/pubs/pas/pa527.pdf" rel="nofollow">"Health Care Regulation: A $169 billion hidden tax"</a> by Christopher Conover. I haven't read it, but glancing through, it's not exactly what you are looking for, but does address the the cost of government intervention.<br /><br />John Goodman wrote the short (134 pgs) book "The Regulation of Medical Care: Is the Price Too High?" back in 1980. Although it is missing recent stuff, the history of US medical regulation is excellent. <br /><br />I will keep an eye out for other good sources and post them when I find them.HaynesBEhttps://www.blogger.com/profile/11263223513305886233noreply@blogger.comtag:blogger.com,1999:blog-8802151469756057939.post-79390443756979767102010-10-01T08:26:14.736-07:002010-10-01T08:26:14.736-07:00I like this. Especially the recommendations.
What...I like this. Especially the recommendations.<br /><br />What's the best single reference describing the gov't caused health care crisis? Something that touches on the tax breaks for the Blues, tax breaks for employer supplied packages, medicare, medicaid, prescription drug. Something short too :) I usually refer back to the short series ARI published on its blog a while back but would be interested in others.<br /><br />One of the reasons I'm interested is that I've been hearing from the pharmaceutical trade group and my own executives that 'health care had to be reformed' and that it was better to be involved than not, as excuses for supporting Obamacare. I'd like to send them all a brief article.Shane Atwellhttps://www.blogger.com/profile/12268148003641995554noreply@blogger.comtag:blogger.com,1999:blog-8802151469756057939.post-91155413284222379902010-09-30T08:58:44.693-07:002010-09-30T08:58:44.693-07:00Tony,
Thank you for commenting.
Yes--"medic...Tony, <br /><br />Thank you for commenting.<br />Yes--"medical inflation" does lead to increased premiums. The question is why prices in healthcare rising at a faster rater than prices in the rest of the economy.<br />I have to disagree that medical innovation alone is a significant contributer to the sustained greater price inflation of health care goods and services. Although new drugs, therapies and equipment may initially be high, if subjected to normal market forces, these would eventually come down in price just as technologies in other fields have. <br />The problem is that every new treatment is available to everyone at once right from the start without regard for cost and prices are not based on supply/demand. For almost 50% of the market, the government sets the price, creating a non-market baseline from which insurance companies extrapolate.<br />consumer.<br /><br />Do you have information which indicates otherwise?HaynesBEhttps://www.blogger.com/profile/11263223513305886233noreply@blogger.com