faysalnals Posted March 20, 2016 Posted March 20, 2016 It is extremely expensive to get treatment in hospitals or get medicine.. how will this problem be solved in a free society if the government wont pay for it?
shirgall Posted March 20, 2016 Posted March 20, 2016 It is extremely expensive to get treatment in hospitals or get medicine.. how will this problem be solved in a free society if the government wont pay for it? Have you considered the possibility that it's very expensive *because* the government pays for it?
faysalnals Posted March 20, 2016 Author Posted March 20, 2016 Have you considered the possibility that it's very expensive *because* the government pays for it? Im not sure I understand what that means.. hope you can explain more. English is not my first language and this is all new to me.
shirgall Posted March 20, 2016 Posted March 20, 2016 Im not sure I understand what that means.. hope you can explain more. English is not my first language and this is all new to me. Consider this: because the government is willing to pay, or finance, certain kinds of school programs, the costs of those programs has increased faster than the other price increases. Simple increase in demand might be enough, but the government also helps schools finance expensive building upgrades or entire programs that schools might not otherwise offer. Similar price pressure occurs when government pays for, or helps finance expansion of medical coverage *and* on the other end mandates expensive qualification processes for drugs, procedures, medical personnel, insurance companies, and so on. There's a entire industry made around dealing with Medicare classification codes. There's huge expensive hurdles getting a drug or medical device approved by the FDA. Sure, there's some price pressure in the US because R&D costs can actually be passed on to consumers in the US (and insurance companies are happy to pay huge costs for some drugs because they can just increase their premiums to match). An enormous amount of pressure has been put on the system to make "single payer" seem desirable in the long run. The cost increases in the US are manipulated to be the way they are. 1
faysalnals Posted March 21, 2016 Author Posted March 21, 2016 Consider this: because the government is willing to pay, or finance, certain kinds of school programs, the costs of those programs has increased faster than the other price increases. Simple increase in demand might be enough, but the government also helps schools finance expensive building upgrades or entire programs that schools might not otherwise offer. Similar price pressure occurs when government pays for, or helps finance expansion of medical coverage *and* on the other end mandates expensive qualification processes for drugs, procedures, medical personnel, insurance companies, and so on. There's a entire industry made around dealing with Medicare classification codes. There's huge expensive hurdles getting a drug or medical device approved by the FDA. Sure, there's some price pressure in the US because R&D costs can actually be passed on to consumers in the US (and insurance companies are happy to pay huge costs for some drugs because they can just increase their premiums to match). An enormous amount of pressure has been put on the system to make "single payer" seem desirable in the long run. The cost increases in the US are manipulated to be the way they are. Thank you now I understand this
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