Healthcare, the Free Market, & the U.S.
Posted by admin | Under Free Health Products Friday Aug 28, 2009
More on Healthcare and the Free Market’s role as the leader of innovation.
National Health Expenditure Data:
http://www.cms.hhs.gov/NationalHealthExpendData/25_NHE_Fact_Sheet.asp#TopOfPage
Nation Science Foundation:
http://www.nsf.gov/statistics/
EFPIA:
http://www.efpia.org/Content/Default.asp
Nobel Prize Database (Medicine & Physiology):
http://almaz.com/nobel/medicine/medicine.html
Note: I support programs such as the FDA to make sure Health Products are safe. These programs are not controlling the market, just making sure products are safe.
As comparison:
US Population: 307million
EU population: 499million
Duration : 0:9:18
right, so welfare …
right, so welfare is a ransom paid in advance to theives for the priviledge of them being marginally less likely to steal from me? I’m glad we got that cleared up.
Fuck you.
You blew me away …
You blew me away with this video. didnt think you could make 9 minute video of being completely wrong.
Answer me this… when was the last time the health insurance industry developed a new drug? thats right NEVER because health insurance companies dont do R&D, pharmeceutical companies do drug research… and pharm companies are supporting the public option. So public option = lower costs and more R&D.
Health insurance companies dont do drug research. Public option is about health insurance.
you benefit because …
you benefit because those poor people arent robbing and murdering you to get that money.
You put poor people on the streets, they turn to crime… crime increases you need to hire more police, which costs you more taxes
‘I could say that …
‘I could say that we all benefit from socialized programs that are run by the government.’
really?
Welfare programs in the UK take money off me and give it to jobless moochers, how do i benefit from that?
Children are …
Children are completely covered under our current system. The very poor are covered under our current system.
You are hyperbolic …
You are hyperbolic and you sound grossly uninformed.
How can people like …
How can people like this do that continual double-think about the free market and social programs.
Why is it so hard to understand it is free or it is not free?
If you can see the benefit of the free market at all then don’t you want that in your “social programs”? You must know that there are free market charities and that these charities can take the place of government crap bureaucracy filled charities that waste tons of money.
It’s even a greater …
It’s even a greater % of the world’s R&D for military applications. There’s some more food to chew on.
I think you said ( …
I think you said (and certainly other advocates of a free market solution have) that we don’t really have “free markets” here in America – economics is dominated by multinationals and giant US corporations who have, effectively, no competition.
There is no competitive free market to turn health care over to. To get the result you would wish from free markets, you would have to change America’s corporate society. Do you think that is as practical as simply letting the government handle it?
In my country I …
In my country I live under a socialized health-care system, I’m trying to get a fair comparison of the two systems (Free market vs Socialized). How much does it cost a US citizen per month or quarterly, and what are you covered for? (ie. offspring, dental etc..)
What insurance companies do you use?
Thanks.
I didn’t know that …
I didn’t know that such a disproportionate amount of the world’s medical R&D was conducted by U.S. industry. That is really food for thought! Thank you for the information, MisterBusta.
Thx for your reply …
Thx for your reply but here it is only your defence of the current system no alternatives to tackle the problems that exist in USA. I am not in the mood of debating so I wont do that but I will say I hope you agree that the primary job is to help people in need so they can live happy and productive lives in society and the economy the big question is the people who can’t get care in USA able to? When in the worst cases they have the sell there buisnees& homes for the sake of simple treatment?
“when the …
“when the government largely removes health care from the free market”- in what way? If you think this is a stupid question, just know I recall a very famous and misleading talking point coming from the right on this issue.
many countries do …
many countries do this. If you have the money and want special care, you can pay for it and get it. It becomes a tiered system (I know UK does it, and I believe canada does it also).
Let the rich have their pampering and above the basics care. But at least offer to the less-well-off a minimal life without putting them into debt for the rest of their lives.
In most other countries, filing for bankruptcy because of medical bills is considered an outrage. Its the norm here. That isn’t right
good video, even …
good video, even though I disagree with you almost 100%.
I think you stated early on that you believe there should be a help system for those that are extremely poor. I think that’s the only thing we agree on hehe.
As for your statement about how we all benefit from the innovations of the free market. I could say that we all benefit from socialized programs that are run by the government.
“let the market set …
“let the market set the price”
….on life? Really?
I don’t want to seem hyperbolic, I agree that there is a fine line between spending millions on a persons medical condition when they are contributed nothing, can only be justifed so much. Eventually the cost-effective ratio needs to be examined. But we’re talking very generically here. BASIC health care SHOULD be universal. I think it is perfectly fair to leave extremely expensive treatments to those willing to pay, but cover the basic
It’s a good …
It’s a good question, and not easily answered. I do not pretend to have the answer, but I can say I favor a solution which keeps the market largely unfettered (so incentive/investment/etc can continue). Socialized care is not evil, and the world won’t explode in fire and brimstone if we switched to a single-payer system–but we need to be aware of the advantages we enjoy currently due to the free market system.
Interesting vid..ty …
Interesting vid..ty
How are children insured in US system..if for example a kid has cancer and his parents are alcoholic bums with no insurance, does the State finance their treatment?
Good video, very …
Good video, very well reasoned points!
In all honesty I’ve …
In all honesty I’ve been waffling on socialized medicine for a while. I’m still on the socialist side but I’m not as sure abut my position as I once was. I shot a video response to your last vid last night. I’ll upload it later today.
I didn’t mean to …
I didn’t mean to call you stupid. There are equally & extraordinarily intelligent people on both sides of the issue. I should have said “unreasonable point”.
Your point about where the line should be drawn is a good one, and not easily answered. My basic answer would be drawing the line in a manner which does not control the market or set prices. Let the market set the prices, like it does for everything else. Thanks for your comment, sorry if I sounded mean-spirited.
I am not in the …
I am not in the mood for for typing a whole lot but better video this time more insightfool to your possition but I have to ask what is your sullition to the healthcare problem? What is your sullition to the american healthcare problem? That is something I wonder strongly.
All love anyway from me Jasmine
Excellent analysis!
Excellent analysis!
Well, it is great …
Well, it is great that you addressed my response, (although calling it “stupid” wasn’t exactly nice of you)
But you just side stepped. It is great that you think the poor people should be given free health care, but where do you draw the line? At what point do you say “pay up or die”?
It is refreshing that a libertarian admits that safety nets are necessary and just. You stand out for that alone. I guess that makes you less stupid than most libertarians XD