Posts Tagged ‘health care costs’

The Massachusetts health care mess – coming soon to the rest of America?

Wednesday, July 28th, 2010

In this month’s newsletter cover story, health care analyst Sally Pipes points out many problems with Massachusetts’s mandatory health insurance program that could now affect us all as we move closer to a national health care system totally controlled by the federal government. She shows that we could end up with a burdensome trifecta: higher taxes and higher medical costs, yet lower quality care. This is to say nothing of ethical dilemmas. It is not encouraging reading, but it provides a much needed assessment of our situation that does not receive much coverage in the mainstream media.

Here’s the link.

Third-party payment is the culprit: Sowell

Tuesday, March 2nd, 2010

Economist Thomas Sowell says that third-party payment for health care is what is keeping health care costs high.

Nothing would lower costs more than having each patient pay those costs. And nothing is less likely to happen.

Read it all here.

There’s no free lunch in health care

Wednesday, November 11th, 2009

Economist Thomas Sowell writes, “If you think the government can lower medical costs by eliminating ‘waste, fraud, and abuse,’ as some Washington politicians claim, the logical question is: Why haven’t they done that already?”

In fact government price controls of health care are the real problem. Price controls go all the way back to the Romans and Babylonians, and they always produce black markets, shortages, and quality deterioration, Sowell explains.