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The Revolution Continues's avatar

"If the government had any conscience, if the government cared even a little bit about the people..."

I think this is the crux of the matter and why health care costs are going up worldwide. Governments don't care about ordinary working people, because politicians don't care. Politicians care more about making billionaires and other oligarchs happy with tax breaks, etc., so that politicians can reap some of that billionaire money for themselves. Until we outlaw all billionaires/oligarchs and eliminate any influence they may have on government, I'm afraid we're going to fail in our attempts to lower health care costs for the ordinary people. #EatTheRich

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Raveen's avatar

I agree. There needs to be these types of systemic overhauls. And we the common people are the ones who must push for them.

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James Steinhaus's avatar

Private health care will away be better. It will always be profitable to provide that better health care unless you prevent them from giving that better care. People will always seek to get that better health care driving up prices more. By the time what they have come up with to make it better reaches the public system those private provider are have moved on to doing it in an new better way and have and even better product to offer that everyone want instead. The best health care will always be expensive as a result and people will constant demand that they get the best quality

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Raveen's avatar

Even if the quality is better, that's no excuse for charging patients insane rates. Looking at how insanely expensive the costs are in private hospitals, it's clear that the private sector treats healthcare as a lucrative business opportunity, instead of as a fair service to the people.

And also, what's stopping the government from providing equally high quality services in the public healthcare sector? Surely they can do it as well…. it's a matter of having the political will to do what's best for the people.

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James Steinhaus's avatar

The government can’t do health care better, and it has nothing to do with political will. Political will get you a facsimile of the Cuban system. All companies operate to the cost verse benefit model to some degree. That model always gets the highest result. No government run system can operate that way. Thomas Sowell and Milton Freemen both have written on the actual mechanics of why that will always be the case, I suggest reading them.

The outlandish rate have two main factors driving them, the first trying to fix does a lot of harm. The main reason you have all that equipment and drug available and are not stuck using 1970s equipment, drugs and procedures is because of how much they invest on being cutting edge enough to charge those high rates. But that first factor applies mainly only to the top 20% of hospital in any region. You need them, those dive almost all improvement in care.

The other diving factor is the license and regulation create medical corporate monopolies. On such have any real chance at staying in business in that kind of environment. I have been in countries that have good cheap private hospitals and they have them because they are not being regulated out of business. Those medical monopolies are very top heavy with administrators after administrators, and all of that gets padded onto the bills. Nor is that all their fault. Most of those administrators are required by law, and the sheer amount of paperwork needed to be in compliance is staggering.

That solution is to deregulate them and making it so only those big expensive conglomerates can survive.

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