Comments on: THE PROPER ROLE OF GOVERNMENT IN HEALTH CARE REFORM – PART I: MARKET FAILURE

By: Is Employer Health Insurance Dying? | Stephen S. S. Hyde On Health Care Reform Topics

Tue, 16 Mar 2010 18:19:20 +0000

[...] THE PROPER ROLE OF GOVERNMENT IN HEALTH CARE REFORM – PART I: MARKET FAILURE [...]

By: National Health Reform is Dead--Long Live State Health Reform | Stephen S. S. Hyde On Health Care Reform Topics

Mon, 22 Feb 2010 20:50:23 +0000

[...] THE PROPER ROLE OF GOVERNMENT IN HEALTH CARE REFORM – PART I: MARKET FAILURE [...]

By: FreedomGuy

FreedomGuy — Mon, 15 Feb 2010 15:51:20 +0000

A free market will work over time. A market is not “free” if there is coercion whether it is by crime or government. Free markets by definition are voluntary associations and coercion is an involuntary relationship where one side is forced to submit to the other. Healthy people will in fact buy insurance to avoid going bankrupt. They will wait only if you allow them to by rule as in Mass. An uninsured person may well go bankrupt or suffer economic hardship because of a major illness. That is a signal to the population to plan ahead the same way you buy life, home and auto insurance. Conversely, if there are too many uninsured or insurance itself gets too expensive that forces a back pressure on the health system to control or even reduce prices. You will notice that in bad economic times auto manufacturers offer numerous incentives to buy their cars…or none may be sold. So it would work with healthcare. Healthcare has never been fully subject to market forces. Prices and services have always gone only up. There are many reasons for this but for the most part it is due to insulation from the real cost of services. There is an upside to this. With nearly unlimited funds we have developed an extraordinary level of healthcare. In essence, everyone has access to a Cadillac in terms of healthcare. However, it is priced as such. I submit there is NO role for government in healthcare other than leaving it alone. Government did not invent healthcare, insurance or even the modern medical profession. It will not invent any solutions to any problem. It will just change the nature of the problems while claiming temporary victories.

By: The Health Reform Summit--Fixing Obamacare | Stephen S. S. Hyde On Health Care Reform Topics

Wed, 10 Feb 2010 23:07:31 +0000

[...] THE PROPER ROLE OF GOVERNMENT IN HEALTH CARE REFORM – PART I: MARKET FAILURE [...]

By: Health Care Reform Mandate to Buy Health Insurance: Part 1 | Stephen S. S. Hyde On Health Care Reform Topics

Thu, 10 Dec 2009 00:41:20 +0000

[...] THE PROPER ROLE OF GOVERNMENT IN HEALTH CARE REFORM – PART I: MARKET FAILURE [...]

By: The 10 Commandments for a Workable Health Insurance Exchange | Stephen S. S. Hyde On Health Care Reform Topics

Wed, 02 Dec 2009 18:43:16 +0000

[...] the air out of the room on the central question that we should be addressing: How can we fix the insurance market failure that prevents everyone from buying affordable health insurance that covers all medically necessary, [...]

By: The Proper Role of Government in Health Care Reform - Part 3: How Regulated Consumer Markets Will Succeed | Stephen S. S. Hyde On Health Care Reform Topics

Mon, 23 Nov 2009 18:38:40 +0000

[...] Part 1, I describe the market failure that has caused all the major problems in our dysfunctional health [...]

By: The Proper Role of Government in Health Care Reform - Part 2: Creating a Health Care Market | Stephen S. S. Hyde On Health Care Reform Topics

Wed, 18 Nov 2009 19:57:07 +0000

[...] we have to create an insurance market that overcomes the fundamental market failure (see Part 1) that prevents so many people from having open access to affordable health insurance. To do that, [...]