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by roenxi
295 days ago
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Maybe; he is advocating for a safety net. But I note he didn't say that either and, being an economist, he would probably have had the standard reservations - what exactly is the upper limit of care being provided to someone for "cancer"? It is very vague. If people still sometimes die of cancer when spending $X there is always room to spend $X+1 until the money runs out. No entity in existence can cover that sort of cost. If we lose the lighthouse of the free market pricing then it isn't at all clear how we'd work out what is reasonable. The "genuinely insurable risks" and "few individuals can make adequate provision" comments he made in that quote are serious caveats on what he said. He clearly isn't advocating for what would be called universal state-funded healthcare in the modern context. He appears to be talking about a bare-bones public insurance scheme [0] for certain rare events where he didn't go into detail on what he thinks is reasonable to cover. I'd like it if everyone reverted to that sort of scheme, any English speaking country could get a tax break if they went back to that sort of system. The expectation would be that most people don't use it. [0] Actual insurance, not this modern scheme of branding a welfare system as "insurance" to fake that it is financially responsible. |
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It is light on detail but that feels tangential to me? Much like private insurance schemes, state healthcare systems necessarily have a limit on care/expense.
> He clearly isn't advocating for what would be called universal state-funded healthcare in the modern context ... He appears to be talking about ... certain rare events
He uses terms like "common hazards of life", "the case of sickness", and "comprehensive social insurance". I find it hard to believe this doesn't include assistance for the most common health issues like arthritis, diabetes, cancer, and so on.