Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: pieceofthepuzzle

Rationing is necessary in any arrangement where the customer and the provider of a product or service do not engage in a direct business transaction. In other words, the basic principles of economics do not apply when the customer deals with the provider but has a third party pay the bill. This is true regardless of whether the third party is a government or a private company.


23 posted on 07/03/2015 6:00:47 AM PDT by Alberta's Child ("It doesn't work for me. I gotta have more cowbell!")
[ Post Reply | Private Reply | To 22 | View Replies ]


To: Alberta's Child
The difference is that in American health care there have traditionally been multiple ‘third parties’ with multiple separate options for how much you paid in order to enter into a payor contract with that particular third party. In any national health service there is only one third party - the government. That difference does have a big effect.

That said, I understand what sounds like your predilection for a market driven system. However, having health care be strictly fee for service, in a standard market driven manner, is problematic because modern care involves so many different people and the need for a substantial infrastructure.

37 posted on 07/03/2015 12:03:18 PM PDT by pieceofthepuzzle
[ Post Reply | Private Reply | To 23 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson