Wednesday, March 17, 2010

A preview of Obamacare...

Guys, I know I'll seem heartless, but this is actually a good thing. Any development that starts to expose the true cost of medicine/care is knowledge worth freeing.

Sadly, with a nationalized healthcare system, with coverage rules created by fiat, we will ultimately devolve to this. Because Obamacare offers no hard cost controls (at least none that are legislative-proof), and nothing is done to share some of the cost of routine care with the consumer of the care, one of two things must happen:

Costs (prices) must be dictated by government - which is what you have here
Taxes must continue to rise beyond every confiscatory boundary we current respect, effectively killing growth for decades

Insurance was never meant for routine preventative care - that's like thinking your care insurance should cover oil changes and wiper blades. Insurance should exist to cover the catastrophic events in life. As long as we continue to think of it as an all-you-can-eat buffet (and there's nothing in Obamacare to change this), we're f*cked.

in reference to: With Medicaid Cuts, Doctors and Patients Drop Out - NYTimes.com (view on Google Sidewiki)

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