Sunday, February 22, 2009

Regulated Health Insurance is not a Deus Ex-machina


America's $90 billion cut of "stimulus" booty captured by Medicare, together with further plans (currently estimated at $65 billion a year) to expand regulated health insurance will only stimulate overgrown health bureaucracies and create more mandates (i.e. more pork) at the expense of taxpayers. Whether this will help a single patient is another matter.


Insurance is no more than a tool amongst others designed to parry unpredictable risks or unpleasant certainties that afflict the course of human existence. It does not make people healthier, it does not make doctors more efficient, it does not create hospital facilities and will not stop individuals from passing away when their time has come. By crediting regulated health insurance with magical powers that it does not have and at great expense, politicians shove out other market forces that address provision of health care more efficiently and humanely than big government and its bureaucracies.

Human progress stems from incremental trial and error learning processes that span over generations. Some lessons are learned the hard way. It took more than half a century of gulags before eastern Europe discarded totalitarian utopias spawned by hardcore socialism. Democratic societies may take longer to discover that keynesian wishful thinking applied to worn out social security recipes delivers neither health nor security but costs dearly: not only in terms of wasted resources but also in terms of liberties.

13 comments:

  1. This comment has been removed by a blog administrator.

    ReplyDelete
  2. It’s really such nice information to get advantage from. Cheap Commercial insurance in Houston

    ReplyDelete
  3. Fitness trainer will always guide and motivate you to stay connected in a right path. Whenever, you are in a phase of selecting a fitness trainer, and then you have to consider a few things in your mind. Postpartum

    ReplyDelete
  4. When it comes to health, this area can be a bit grey. Here's an easy distinction to use for your workplace: Pop over to these guys
    If someone's health only impacts them, then it's personal.

    ReplyDelete
  5. The workplace environment has undergone many advancements and a number of rules and regulations have been designed to provide a better work environment for the safety of people working in a company. Homemade oatmeal face mask recipes

    ReplyDelete
  6. Unequivocally a noteworthy post. Finish off to you ! The data that you have offered is to a great degree beneficial. Charlottesville rhinoplasty

    ReplyDelete
  7. YouTube movies are famous in entire globe, as it is the biggest video sharing web site, and I become too happy by watching YouTube video tutorials.
    Step 2 cs notes

    ReplyDelete
  8. Hello friends, nice post and nice urging commented at this place, I am in fact enjoying by these.
    Balance

    ReplyDelete
  9. There are many types of health education jobs. Many are in schools, with school districts having many health teachers, coordinators, counselors, advocates and researchers. Review on penis enlargement bible

    ReplyDelete
  10. Good website! I truly love how it is easy on my eyes it is. I am wondering how I might be notified whenever a new post has been made. I have subscribed to your RSS which may do the trick? Have a great day!
    customerhealthguide.info/shakeology-review-is-it-safe

    ReplyDelete
  11. Dealing directly with insurers not only restricts you in terms of available insurance options, it also means you have to invest valuable time in shopping around providers for competitive quotations. casualty insurance

    ReplyDelete
  12. Wow, What an Outstanding post. I found this too much informatics. It is what I was seeking for. I would like to recommend you that please keep sharing such type of info.If possible, Thanks. bảo hiểm thân vỏ xe ô tô

    ReplyDelete
  13. USA Google.com I admire this article for the well-researched content and excellent wording. I got so involved in this material that I couldn’t stop reading. I am impressed with your work and skill. Thank you so much. Cilexin

    ReplyDelete

ShareThis