Monday, April 12, 2010

A comprehensive solution to the rising costs of healthcare

Because we live in a country with millions of educated and brilliant people, one is bound to run into an explanation and proposed solution to the healthcare quandary that solves that particular rubix cube.  Stumbling onto a blog called "A Goy and his Blog" produced a lot of answers to mostly inchoate question and ideas rattling around in my brain since this whole healthcare discussion started, whenever that was.  To be sure this post here is a rather lengthy explanation and discussion of solutions, but very worth the time and effort to understand the various issues involved.  Goy identifies the main culprit in all the problems of costs and healthcare (and departure from free market discipline) to the introduction of the third party payer concept (which started during WWII) and the government intrusion into the marketplace via medicare in the '60's.  Obviously any system that has been in play for nearly 50-60 years now is not going to be easy to reform.  But as Goy points out, we either reform the system or turn it over to the government and watch the superior (but way too expensive} care we now enjoy go down the tubes like it has everywhere else medicine has been nationalized or socialized, take your pick. This is truly a thought provoking post.

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