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Old 05-11-2017, 06:55 AM
whell whell is offline
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,135
Quote:
Originally Posted by finnbow View Post
A traditional supply & demand relationship can only exist when a customer is working with complete information as to relative quality, effectiveness, availability and price. A person who gets in a car wreck, has a kidney stone or suffers a heart attack or stroke isn't able to evaluate the relative cost and efficacy of his health care options or the cost/benefit relationship of the various treatments/drugs offered to treat his condition (even if complete cost and quality information was available, which it isn't).
Yeah, its been a few days and I'm still waiting for any kind of fact - based responses. Not going to hold my breath.

I did come across a little nugget that I saw a few months back, and thought I'd post it here, since it has bearing on the discussion. As Finn did above, start talking about consumerism in health care purchases, Health Savings Accounts, etc., and folks on the left will reliably start talking about emergency services as an example of why consumerism doesn't work.

Turns out that's not a bad argument, but only as it relates to somewhere between 2% and 10% (depending on what study you want to look at) of health care spending annually. That leaves - conservatively - 90% of health care costs that might be better managed with the consumer making informed decisions about their health care spending.

Another lefty red herring removed from the pond.
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