I often buck orthodoxy… concerning markets and specific investment plays, for example.
I fit that mode skillfully, especially when it comes to public policy issues. For example, I’m a contrarian upon health care.
Personal pardon? We’regarding no freer to pick our own doctors under most private insurance plans than we would be under a single-payer system.
Unaccountable bureaucracy? Insurance company administrators are just as hopeless as the dispensation variety.
Costly subsidies? If you profit your insurance from your employer, you acquire a gigantic tax subsidy. Your insurance in addition to isn’t taxed even though it’s all bit as much a portion of your reward as your paycheck.
But the big issue for me is this: The economy-wide support of having affordable health care outweigh the costs.
Here’s my warfare… and I nonappearance to know if it’s a convincing one to you.
How Did We Get Here?
The U.S. doesn’t have a health care “system.”
What we have evolved from a unity along surrounded by the United Automobile Workers and Detroit automakers in the late 1940s. Workers would sanction subjugate pay if they got cheap health coverage upon the company’s credit.
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But nobody period-fortunate that negotiation to be long-lasting. They assumed that the postwar U.S. citizens, so many of whom had just sacrificed to money their country’s freedoms, would eventually acquire slant-sponsored health care to desist the private system.
But that didn’t happen. Instead, the company-based insurance system expanded until it covered all industries. Eventually, dispensation-sponsored programs in the middle of Medicare and Medicaid emerged to make laugh in the gaps for those without jobs: the unemployed (Medicaid) and retired (Medicare).
Then both the company and running systems became entrenched by special interests.
For a variety of reasons – basically, employers, employees, insurers and the health care industry had no incentive to rein in costs and premiums – the system got to the easing where the U.S. has one of the worst health outcomes of any developed country.