Bring back competition. All prices must be made visible.
Anyone who colludes or fixes prices goes to jail.
Those who can’t pay go to the charity hospitals.
Competition, competitive plans and free trade.
The big problem with price competition is that the product is not always the same, and civilians cannot tell the difference.
It’s like saying what the price of a 4 Door Sedan should be. Is it a 2002 Camry? or a Rolls Royce? A lot of doctors shouldn’t be allowed to practice at all they kill so many patients. Some are miracle workers. They should not be compensated at the same rates.
When I was growing up in the 60s-70s, health-care insurance was then known as hospitalization. Like other forms of insurance, it covered high-cost, low-incidence events like babies, operations, and broken bones. It did not cover lower-cost higher-incidence events like doctor visits and prescription drugs. It was inexpensive. Policies not provided by employers could be purchased through fraternal organizations. I think we should consider a return to this system. If the uninsured are to be covered by the state, it should be a bare-bones hospitalization-type plan covering low-incidence events only.
All true! I would also add that the re-importation of pharmaceuticals and medical devices into the US at current world prices be allowed. Anti-trust laws being applied to the ENTIRE medical industry(which they are under NOW)!!......which makes this potential legislation VERY troubling-— ‘Rand Paul has just announced intent to file a bill (which has a bill number, but the text is not public as of the date of this post) that explicitly exempts Health Care providers from anti-trust.
“Anti-Trust Reform for Healthcare”
Provides an exemption from Federal antitrust laws for health care professionals engaged in negotiations with a health plan regarding the terms of a contract under which the professionals provide health care items or services.
This section applies only to health care professionals excluded from the National Labor Relations Act. It would also not apply to contracts or care provided under Medicare, Medicaid, SCHIP, the FEHBP, or the IHS as well as medical and dental care provided to members of the uniformed services and veterans.’