Post #51119 by albaby1 on the US Policy board

Halls of Shrewd'm / US Policy

Unthreaded | Threaded | Whole Thread (160)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 0

All true, albaby, but that simply argues that the current way we do health care in this country is unsustainable.

Why is it unsustainable? Lots of things are suboptimal but can be sustained indefinitely. We might just always pay our medical service providers more than other countries do.

Other countries use the power of the single-payer purchaser to set prices well below ours. Their health systems are just monopolies (technically monopsonies) where health care providers basically have to just suck it up and accept less for their services than they could get in a different type of market. People face very different incentives in the two systems, both in terms of choosing to consume health care or become a provider in the health care marketplace. But there's no reason that either has to be unstainable.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (160)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.