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by ajmurmann
3264 days ago
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I used to be for single part until I listened to a recent episode of econtalk (http://www.econtalk.org/archives/2017/06/christy_ford_ch.htm...). Christy Ford described how the current medical system evolved and how the American Medical Association made the current, insurance based system happen. Before this we used to for example multi-disciplineray offices of doctors that you could directly buy health care coverage from. That was made illegal. What we currently have is the worst of any world. It's a artificially constrained market that's practically devoid of competition. On top of that we have insurance which is clearly the wrong model for something you know you are going to need. And it's employer provided on top of it. How could this market possibly be less functional? Let's try to fix the market before we pour out the baby with the bath water. |
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Collect premiums via payroll taxes->fund healthcare providers. That greatly simplifies it, but there are many other first world models we can pick from. This is not hard.