My entire argument is based on the fact that a free-market healthcare system is not even an option. Frankly, a free-market economy of any sort is a utopian fantasy. Healthcare is just a useful case study of the problems.
My point is that we do not and have not had a free market in health care. So to say that free market healthcare can't work then using the current system as an example is a flawed argument to the point that it is nonsensical.
The incentives for the current system are to continually increase cost. The only way to fix that is with a free market or price controls. Price controls cause a whole different set of problems. The best solution is a free market for the routine and elective parts of healthcare with insurance to cover the rare unexpected events. Everybody gets to manage their risk how they please and healthcare cost comes down due to market forces.
tastyfreeze|4 years ago
The incentives for the current system are to continually increase cost. The only way to fix that is with a free market or price controls. Price controls cause a whole different set of problems. The best solution is a free market for the routine and elective parts of healthcare with insurance to cover the rare unexpected events. Everybody gets to manage their risk how they please and healthcare cost comes down due to market forces.