Comments on: Without controlling costs, health coverage becomes unaffordable http://www.kevinmd.com/blog/2009/12/controlling-costs-health-coverage-unaffordable.html Wed, 15 Feb 2012 00:27:00 +0000 hourly 1 By: Rhttp://www.kevinmd.com/blog/2009/12/controlling-costs-health-coverage-unaffordable.html#comment-121551 R Fri, 11 Dec 2009 00:24:13 +0000 http://www.kevinmd.com/blog/?p=41644#comment-121551 WHAT THE ???" .. Well, one result was the implosion of the mortgage-backed derivatives market. Some economists posit that the productivity-wages gap allowed corporations to stockpile enormous wealth .. "Why .. of course. It had nothing to do with all the burned-out politicians at Fannie/Freddie, demands that marginal houses be financed, refusal by the likes of Barney Frank to face the growing leverage problem reported by the "Wall Street Journal" as early as 1999, and the demands of both parties for eternal, high-paying employment.Just because someone has an MD does not make them an expert in operations and finance. WHAT THE ???

” .. Well, one result was the implosion of the mortgage-backed derivatives market. Some economists posit that the productivity-wages gap allowed corporations to stockpile enormous wealth .. ”

Why .. of course. It had nothing to do with all the burned-out politicians at Fannie/Freddie, demands that marginal houses be financed, refusal by the likes of Barney Frank to face the growing leverage problem reported by the “Wall Street Journal” as early as 1999, and the demands of both parties for eternal, high-paying employment.

Just because someone has an MD does not make them an expert in operations and finance.

]]> By: BobBapasohttp://www.kevinmd.com/blog/2009/12/controlling-costs-health-coverage-unaffordable.html#comment-121549 BobBapaso Thu, 10 Dec 2009 23:59:30 +0000 http://www.kevinmd.com/blog/?p=41644#comment-121549 Costs will be controlled by free market forces when we all pay cash for our care, out of our health care savings accounts. The government gave us good IRA's so it should be able to give us good HSA's. And it will have to get its hands off all the rest of it. Costs will be controlled by free market forces when we all pay cash for our care, out of our health care savings accounts. The government gave us good IRA’s so it should be able to give us good HSA’s. And it will have to get its hands off all the rest of it.

]]> By: Evinxhttp://www.kevinmd.com/blog/2009/12/controlling-costs-health-coverage-unaffordable.html#comment-121534 Evinx Thu, 10 Dec 2009 19:58:53 +0000 http://www.kevinmd.com/blog/?p=41644#comment-121534 Ninguem - you are right, of course.Regulations, mandates, SGRs, etc -- all these are the excrement of the sausage making beast known as Congress. Ninguem – you are right, of course.

Regulations, mandates, SGRs, etc — all these are the excrement of the sausage making beast known as Congress.

]]> By: ninguemhttp://www.kevinmd.com/blog/2009/12/controlling-costs-health-coverage-unaffordable.html#comment-121531 ninguem Thu, 10 Dec 2009 19:14:59 +0000 http://www.kevinmd.com/blog/?p=41644#comment-121531 Fine. How about controlling the cost needed to run a medical practice?Every time a new regulation is imposed on a medical practice, the cost of doing business gets a little higher. Fine. How about controlling the cost needed to run a medical practice?

Every time a new regulation is imposed on a medical practice, the cost of doing business gets a little higher.

]]> By: Evinxhttp://www.kevinmd.com/blog/2009/12/controlling-costs-health-coverage-unaffordable.html#comment-121527 Evinx Thu, 10 Dec 2009 18:10:15 +0000 http://www.kevinmd.com/blog/?p=41644#comment-121527 And where have Price Controls worked?Senator Schumer, years ago, was so upset about the price of cereal, he wanted the govt to Control the cereal costs. Fortunately, he got nowhere - and the markets were allowed to function. Is anyone today, clamoring about the price of cereal?If any entity is responsible for distorting the costs of healthcare, one would have to point to Federal & State govts. They prevent interstate competiton, they impose all kinds of mandates, they bend to all sorts of political pressures, and mess with incentives through a maize of ridiculous taxes and deductions - which again are simply the manifestations of political influence.The key to healthcare is to get the govt out of the way and let markets work. We can help those who cannot afford healthcare - and that is where it should end.If the author is suggesting that we can control costs via governmental actions, she is stating that political influence will control healthcare costs. Does that make sense to anyone? And where have Price Controls worked?

Senator Schumer, years ago, was so upset about the price of cereal, he wanted the govt to Control the cereal costs. Fortunately, he got nowhere – and the markets were allowed to function. Is anyone today, clamoring about the price of cereal?

If any entity is responsible for distorting the costs of healthcare, one would have to point to Federal & State govts. They prevent interstate competiton, they impose all kinds of mandates, they bend to all sorts of political pressures, and mess with incentives through a maize of ridiculous taxes and deductions – which again are simply the manifestations of political influence.

The key to healthcare is to get the govt out of the way and let markets work. We can help those who cannot afford healthcare – and that is where it should end.

If the author is suggesting that we can control costs via governmental actions, she is stating that political influence will control healthcare costs. Does that make sense to anyone?

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