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There are many countries in South America that offer better health care to their citizens than we do at a fraction of the cost!
We blow billions of dollars on health care yet can't provide something as simple as a neighborhood first aid clinic, which has existed for decades in many countries.
The solution to the health care crisis is to offer publicly funded health insurance to everyone while letting people purchase private health insurance if they prefer to do so (option 3).
This will force insurance companies to lower their premiums in order to compete with government-provided insurance.
This option will mean paying more taxes, but obviously it will still be considerably cheaper than private insurance, and won't make people dependent on their employers for their health care needs.
This current economic crisis has proven that free markets will not solve society's problems, especially not in the health care industry, when the primary motivating factor of free markets is to maximize profits.
Clarifiying health care? Set expectations to "stun".
Unless you're sick or dying, health care is boring. The media knows this, and that's why today's unprecedented opportunity to fix our broken system has devolved into a debate about everything other than health care. Take a look at this week's "Health Care Special Report" print edition of TIME Ma...
There are many countries in South America that offer better health care to their citizens than we do at a fraction of the cost!
We blow billions of dollars on health care yet can't provide something as simple as a neighborhood first aid clinic, which has existed for decades in many countries.
The solution to the health care crisis is to offer publicly funded health insurance to everyone while letting people purchase private health insurance if they prefer to do so (option 3).
This will force insurance companies to lower their premiums in order to compete with government-provided insurance.
This option will mean paying more taxes, but obviously it will still be considerably cheaper than private insurance, and won't make people dependent on their employers for their health care needs.
This current economic crisis has proven that free markets will not solve society's problems, especially not in the health care industry, when
the primary motivating factor of free markets is to maximize profits.
Health care napkin #4: impacts and conclusions
Here is my 4th and final napkin in the health care series. (For now, anyway.) This napkin illustrates the impact upon us of each of the plan types, and offers three concluding questions. This is the cover of the 4th and final napkin. This napkin shows how the various insurance reform options...
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