"Why most people can't understand how a system with every incentive to raise prices and no incentive toward efficiency must fail is beyond me. High prices benefit insurance companies, that should be obvious but apparently is not."
The fact that we're forced to buy health insurance is another clue that supports what you wrote…
"Why most people can't understand how a system with every incentive to raise prices and no incentive toward efficiency must fail is beyond me. High prices benefit insurance companies, that should be obvious but apparently is not."
The fact that we're forced to buy health insurance is another clue that supports what you wrote there.
There are few incentives for delivering quality care either. In fact, it often works just the opposite as we can now clearly appreciate.
Also, the freedom from liability seems to encourage sloppy or harmful work and not only that, but government funding obviously encourages a race for the bucks and the short cuts that typically entails.
The object is to do just enough to get the handouts with little regard for the results. I have a brother, an engineer, who went to Bosnia after the war, with USAID. He was (naively )concerned about quality until a superior took him aside one day and told him that the object was just to spend money. Reminds me of the shocking scandals that took place when the railroads were being built in the USA 150 years ago. Apparently the situation regarding government favoritsm, spending, and graft has only worsened since.
If we cannot abolish monster government, then we should at least abolish corporations, but I doubt that'll ever happen.
Great comment.
"Why most people can't understand how a system with every incentive to raise prices and no incentive toward efficiency must fail is beyond me. High prices benefit insurance companies, that should be obvious but apparently is not."
The fact that we're forced to buy health insurance is another clue that supports what you wrote there.
There are few incentives for delivering quality care either. In fact, it often works just the opposite as we can now clearly appreciate.
Also, the freedom from liability seems to encourage sloppy or harmful work and not only that, but government funding obviously encourages a race for the bucks and the short cuts that typically entails.
The object is to do just enough to get the handouts with little regard for the results. I have a brother, an engineer, who went to Bosnia after the war, with USAID. He was (naively )concerned about quality until a superior took him aside one day and told him that the object was just to spend money. Reminds me of the shocking scandals that took place when the railroads were being built in the USA 150 years ago. Apparently the situation regarding government favoritsm, spending, and graft has only worsened since.
If we cannot abolish monster government, then we should at least abolish corporations, but I doubt that'll ever happen.