Saturday, March 7, 2009

Obama: Crisis is Time of `Great Opportunity'

"On the last point, Obama has set a goal of signing a bill this year that would fix the U.S. health care system, which is the costliest in the world and leaves an estimated 48 million people uninsured, plus many others lacking adequate coverage...Our ideas and opinions about how to achieve this reform will vary, but our goal must be the same: quality, affordable health care for every American that no longer overwhelms the budgets of families, businesses and our government," Obama said." [link]

You know, it's funny, I didn't realize that the U.S. health care system was broken. Isn't that usually the only time you "fix" something. Of course it might not be the costliest in the world if not for government regulations, making physicians provide services whether someone can afford it or not, and the government regulations on insurance (both on physicians, and insurers).

Another reason our health care system might cost so much is physicians aren't allowed to participate in the free market. That is, they cannot advertise their prices and attempt to be competitive with others. Quite a few things that could be done to remedy this situation, but you can guarantee that the true remedy's for this problem won't be looked at, in fact you can about guarantee the opposite will be rammed down our throats.