"Capitalism has brought healthcare to the brink of destruction"

October 25, 2006

Dinosaur has pulled no punches in laying blame:

# The enormously lucrative, parasitic industry called “Health Insurance” (instead of what it really is: “Health Care Brokerage”) that sucks out billions of dollars a year from the interactions between doctors and patients, because it can.

# American citizens who have come to believe that health care doesn’t (and shouldn’t) cost them anything. Deep down (not even so deep in some cases) everyone thinks the “ideal” health insurance plan is one that is completely paid for by one’s employer and pays for everything. Payroll deductions, deductibles and co-pays are admitted to be necessary evils, but the smaller the better — hence, the ideal.

Update:
WashPost with another view: “For Health Care Woes, a Capitalism Prescription”



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  4. The cost of “free” healthcare redux
  5. Healthcare Diseasecare
  6. Universal healthcare myths
  7. Schwarzenegger Passes Spending Bill For Socialized Medicine


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{ 1 comment }

1 KipEsquire October 25, 2006 at 9:41 am

Oh puh-leeze.

That “enormously lucrative, parasitic industry” is a direct creation of the tax code, not capitalism.

Transfer the deductibility of health insurance from employers to employees, make all health care expenditures tax deductible — or even tax-exempt — scrap the “use it or lose it” rule for flexible spending accounts, and you’ll see that “enormously lucrative, parasitic industry” become a lot less “parasitic.’

Remember: no one is ever more parasitic than a politician.

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