The Health-Insurance Market Is Not Free
http://mises.org/daily/3727
Any imposition of health care coverage by mandating that employers cover the cost is going to increase the cost of labor. The law of supply and demand tells us that if you raise the price of something (in this case labor) you reduce the demand for it. In other words, Gephardt's proposal will put people out of work. By how much is guesswork, but we know that the law of supply and demand will prevail and that increasing the cost (or price) of labor artificially is going to create pressure that will suppress demand.
"Health Care for All!"
http://mises.org/daily/1239
In all cases of cartels, the producers are able to replace consumers in their seats of power, and accordingly the medical establishment was now able to put competing therapies (e.g., homeopathy) out of business; to remove disliked competing groups from the supply of physicians (blacks, women, Jews); and to replace proprietary medical schools financed by student fees with university-based schools run by the faculty, and subsidized by foundations and wealthy donors.
And so, our very real medical crisis has been the product of massive government intervention, state and federal, throughout the century; in particular, an artificial boosting of demand coupled with an artificial restriction of supply. The result has been accelerating high prices and deterioration of patient care. And next, socialized medicine could easily bring us to the vaunted medical status of the Soviet Union: everyone has the right to free medical care, but there is, in effect, no medicine and no care.
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