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On the healthcare in a free market

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millhouse posted on Mon, Nov 24 2008 1:39 PM

Well, I do not live in North America, so I'd like to know if the healthcare in USA is as problematic as the defenders of socialized healthcare and welfare state say. If so, is it a consequence of free market or a consequence of state interference?

I have two reports I'd like you to comment. The first is a 2005 report on a study claiming that "Medical bills make up half of bankruptcies: study finds most bankruptcy filers had health insurance":

http://www.msnbc.msn.com/id/6895896/

The other report is Sick in America, by John Stossel, arguing against the socialized healthcare and showing that healthcare in Canada and other welfare states is not as good as claimed by welfare state defenders. Six parts:

http://www.youtube.com/watch?v=kf3MtjMBWx4
http://www.youtube.com/watch?v=7W37NkjplWQ
http://www.youtube.com/watch?v=7XsRzfckneg
http://www.youtube.com/watch?v=QzhiG0dcwN8
http://www.youtube.com/watch?v=Xsp_Jh5EIT0
http://www.youtube.com/watch?v=E_KCLm9cekU

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Answered (Verified) Sage replied on Mon, Nov 24 2008 2:08 PM
Verified by millhouse

First, realize that the USA does not have free market health care.

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Answered (Verified) rstruzik replied on Mon, Nov 24 2008 10:48 PM
Verified by millhouse

Cato.org has a couple detailed "Policy Analysis" papers on the subject.  They offer good insight into the practical workings of different health care systems around the world and relevant statistics that demonstrate that the US health care system is far better than is portrayed by the media (sans Stossel).

The Grass Is Not Always Greener: A Look at National Health Care Systems Around the World

Health Care in a Free Society: Rebutting the Myths of National Health Insurance

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Klor replied on Mon, Nov 24 2008 1:46 PM

Since I have to pick my wife up from work shortly, I cannot say much. My experience is that there are a few healthcare concerns in the U.S., but it seems to be better than those of socialized places. For instance, I had a friend get in a car wreck. He was a bit out of it, but not unconscious. He was too out of it to deny the use ambulance that arrived, so it took him up to the hospital anyway. He came out with a few bruises and no problems whatsoever--yet he was still slapped with a huge ambulance fee and a fee for the VERY short period of time spent in the hospital. All of this amounted to a few thousand dollars... ouch!

After x amount of time, I believe hospitals waive bills if you are unable to pay them, such as in his case, but I'm unsure as to how this rule really works. Despite this one incident with my friend, I'm sure he would still be better off than paying taxes for others to go to the hospital however often. I am more in support of the methods used by the United States. I cannot really see any advantage to socialized healthcare (unless your best friend is a doctor).

Of course, I'd prefer the free market solutions.

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Both socialized healthcare and the semi-socialized, semi-corporatist system in the US aren't any good.  I can't directly compare the 2, as I only have experience with the American system.  I can tell you that the failures of the US system are the result of state interventions.  The liscensing requirements of the AMA and the destruction of low-cost fraternal societies are just 2 of the things done by the state that drive up medical costs to ridiculous highs.

Market anarchist, Linux geek, aspiring Perl hacker, and student of the neo-Aristotelians, the classical individualist anarchists, and the Austrian school.

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Answered (Verified) Sage replied on Mon, Nov 24 2008 2:08 PM
Verified by millhouse

First, realize that the USA does not have free market health care.

LibertarianAnarchy.com - Government is immoral, unnecessary, and doesn't work!

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Klor replied on Mon, Nov 24 2008 2:46 PM

Sage:

First, realize that the USA does not have free market health care.

Far from it. Somewhat less socialized, which still isn't that great.

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Klor:

After x amount of time, I believe hospitals waive bills if you are unable to pay them, such as in his case, but I'm unsure as to how this rule really works.

Hospitals stop collections efforts very quickly.

To the OP, I don't see how medical bills would be the reason for bancruptcy as medical bills are not always dischargable in bancruptcy court.

Sometimes "majority" simply means that all the fools are on the same side

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this is the best evidence I have found in defense of free market healthcare:

 

http://www.aapsonline.org/freemarket/berry.htm

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Answered (Verified) rstruzik replied on Mon, Nov 24 2008 10:48 PM
Verified by millhouse

Cato.org has a couple detailed "Policy Analysis" papers on the subject.  They offer good insight into the practical workings of different health care systems around the world and relevant statistics that demonstrate that the US health care system is far better than is portrayed by the media (sans Stossel).

The Grass Is Not Always Greener: A Look at National Health Care Systems Around the World

Health Care in a Free Society: Rebutting the Myths of National Health Insurance

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rstruzik:

Cato.org has a couple detailed "Policy Analysis" papers on the subject.  They offer good insight into the practical workings of different health care systems around the world and relevant statistics that demonstrate that the US health care system is far better than is portrayed by the media (sans Stossel).

The Grass Is Not Always Greener: A Look at National Health Care Systems Around the World

Health Care in a Free Society: Rebutting the Myths of National Health Insurance

Very good articles!

I thank everione for the replies.

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