Thursday, October 29, 2015

Reversing inflated health care costs: a free market approach

The Atlantic has a good analysis and a solid proposal for affordable health care in the U.S., which pays twice as much for health care as the average for industrialized countries. Although it was written 6 years ago, the inflated costs it talks about have only become worse since then.

It's very long, but IMO well worth reading. The techniques by which his proposal will reduce costs should excite Democrats and its focus on free markets should excite Republicans, but I fear that Democrats won't support it because it's tantamount to admitting Obamacare sucks, and Republicans won't support it because reducing health care costs would eat into the profits of hospitals and insurance providers.

Thus, those who want intelligent reforms will have to reform Congress first. Fix democracy first: vote Lessig in the primaries, and don't vote for anyone that doesn't support campaign finance reform.

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