Quote:
Originally Posted by whell
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.  |
You're a manipulated fool, Whell, with far less knowledge, understanding and insight into the economics of health care than you purport to have. Your post infers that 90-98% of medical patients purchase health care just like they purchase a TV or a car (by thoroughly researching relative cost and quality of their options). Health care is a good where the average consumer does not have the ability to gauge the relative quality of what is being purchased (doctor, medical tests, pharmaceuticals, hospitals, etc.). Without this knowledge, a conventional supply & demand relationship cannot exist.
As for a HSA, I had one for a number of years before I retired. It accomplished nothing in terms of helping me sort out health care options, but it did save me some taxes. Low earners, however, don't share the income tax advantages of an HSA (it doesn't reduce income tax for those who pay little or no income tax while providing greater benefits to those in higher tax brackets).
If you actually seek a better understanding the economics of health care, I recommend checking out this link which studies the tenuous supply and demand relationship in health care.
https://2012books.lardbucket.org/boo...health-ca.html