What's with the ad-hominem? At least in the healthcare market, There are good reasons to believe that the massive government intervention is a bad use of resources.
People on Medicaid claim to value the services at only 1/5 of their cost. If you taking that estimate at face value, if you shut down medicaid entirely and just paid each former recipient 20% of the price you'd been paying to provide health insurance, they would be better off. You can debate those numbers and methodology, but it's very suggestive, and very real.
As the article mentions, if you take away Medicaid people still have access to the prime mechanism for socialized medicine in the US: the law that prevents hospitals from turning away emergency patients.
pzone|8 years ago
People on Medicaid claim to value the services at only 1/5 of their cost. If you taking that estimate at face value, if you shut down medicaid entirely and just paid each former recipient 20% of the price you'd been paying to provide health insurance, they would be better off. You can debate those numbers and methodology, but it's very suggestive, and very real.
http://marginalrevolution.com/marginalrevolution/2017/07/med...
unknown|8 years ago
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bryanlarsen|8 years ago